Job Summary
Purpose of the job:
• Provide financial and commercial support to the division.
• Participates in the Strategic Planning process.
• Effective financial management of the account. This includes monthly, quarterly, and annual budgeting.
• Direct & control the depot's overall Financial Plans and Policies, Internal controls, Accounting Practices, and Relationships.
• Accountable for functions such as Forecast/Budgeting, Management accounting, and Cost accounting.
• Develops and coordinates necessary and appropriate accounting and statistical data and procedures for the maintenance and the preparation of its financial/Commercial reports.
• Appraises operating results in terms of benchmark budgets, forecasts, and strategic plans and coordinates appropriate action plans.
• Development of DC and support financial staff.
Requirements:
- Degree in Finance
- CA - Desirable
- CPD - Desirable
- Relationship management/Cultural appreciation
- Impact and influence
- Negotiation skills
- Acquisition appraisal and management
- Project management
- Team development
- Knowledge of contract logistics market trends, opportunities, and challenges
- Commercial breadth, i.e. general management experience
- Strategic tools/techniques approaches and strategy determination
- Track record of strong P&L understanding
- 5 years in a senior finance role
- Industry - Logistics
Responsibilities:
- Work with the Business Unit Financial Manager to develop and control the strategic planning process and the reporting thereof.
- Maintain and enhance decision-making through the provision and use of first-class financial information based on a strong internal control environment and costing systems.
- Initial preparation of PRB documentation of contract acquisitions, CAPEX, and other commercial opportunities as well as the management of the post-approval process including back checks.
- Support FM through coordination and control of the annual budget and quarterly forecast process
- Review and challenge local financial performance, directing and assisting in ensuring performance to budget and forecast.
- Ensure a sound and effective relationship and interface with the central finance team, and in particular Shared Services.
- Operational financial management and implementation of business unit operational cost control processes.
- Revenue management ensures timeous and accurate billing of clients and appropriate follow-up of outstanding payments in support of Shared services.
- Management of the development and succession of financial personnel within the DC structures.
- Provide direction and advice to the senior management team in relation to risk, commercial contracts, approval of business opportunities, and general approach to maximizing financial performance.
- Ensure Compliance will all local statutory accounting rules and requirements.
- Management of all financial aspects of the account for DSC. This includes:- Monitoring and analysis of performance against budget (includes explaining variances)
- Preparation of LE as well as all costings for submissions for DSC.
- Attending to all queries with regards to DSC charges levied.
- Preparation of PRB Papers and IRB Financial Modelling and annual distribution budget.
- Supplying DSC management with financial information and RFP for New Business.
- Managing and overseeing all projects relating to the account and all key projects relating to this client. (from a financial aspect).
- Ensuring operational impact of financial decisions are properly communicated to DSC business and vice-versa.
- Preparation of monthly KPI reporting and management packs.
- Custodian of all “Project Papers”.
