If you have a passion for strategy development and a proven track record of leading high-performing finance shared service teams, RCL FOODS invites you to seize this extraordinary opportunity to apply to our Finance Executive – Shared Services vacancy.
As the Finance Executive, you will play a pivotal role in defining and executing the Finance Shared Service strategy in close collaboration with the Chief Business Services and Risk Officer. At RCL FOODS, we are committed to excellence and innovation, and we need a driven leader who can champion our finance shared services teams across the Group.
This strategic role will be based at our National Office in Westville and report to the Chief Business Services And Risk Officer.
Minimum Requirements
Qualification

CA(SA) is an essential requirement for this role

Skills and Experience

10 years experience, 5 of which at a senior level, managing large teams.
SAP experience would be advantageous.
Experience in leading large geographically dispersed teams.

Duties ’ Responsibilities
Strategic and Technical Contribution

Participate in the formulation and implementation of the Group Finance strategy, based on a 2 to 5-year view of requirements.
Provide strategic input to the Group.
Ensure that assigned and agreed strategic targets are operationalised and achieved.
Define and agree Service Level Agreements (SLAs) with all internal customers, including KPI and manage performance.
Ensure that the shared service activities are performed in a robust financial control environment.
Plan and develop best practice, systems, processes, and procedures to enable continued improvement that meets the needs of the Group in times of change.
Participate in ERP steering committees to ensure alignment and practical achievement of project goals.
Ensure adherence to Corporate Policy and Internal Control procedures for Accounts Payable, Rebates, Sales Admin, and Fixed Assets.
Develop and maintain key relationships with key customers – internal and external.
Focus on customer service and satisfaction, including regularly publishing metrics such as quality, controls, performance improvement insights, and engaging with stakeholders on a regular basis.

Financial Accounting

Oversee and manage IFRS compliance.
Ensure that the Accounts Payable, Rebates ’ Sales Admin and Fixed asset functions are maintained according to Group policy and IFRS.
Ensure that monthly general ledger reconciliations are completed and reconciling items resolved.
Ensure that the monthly close-off of accounts fairly reflects the monthly results of the Group.
Authorise new vendor take-on forms (after Procurement authorisation) prior to submission to the Master Data team for capturing.
Perform the functions associated with being a bank signatory.

Creditor Management

Oversee the management of the centralised creditors department.
Ensure all supplier accounts are reconciled and paid according to terms and agreed pricing conditions.
Drive analytics to improve efficiency, insight and performance.

Pricing and Rebates Management

Oversee the management of the centralised pricing and rebates department.
Ensure all rebates provisions are adequately maintained.
Drive analytics to improve profitability and control through transparency of rebates.
Investigate and implement IT solutions to improve process flow and recording of rebates.

Asset Management

Oversee the management of the centralized fixed assets department.
Ensure the assets of the Group are fairly reported in SAP through periodic asset verifications and compliance with IFRS principles.
Ensure appropriate wear and tear and depreciation rates are applied consistently and in line with IFRS principles and current tax legislation.
Ensure that Fixed asset movements are recorded accurately and in a timely manner.
Ensure that the WIP accounts are reviewed and actioned on a monthly basis.
Review fixed asset reconciliations.

Statutory Compliance

Participate in the statutory financial close-off across the Group.
Manage and oversee that the required interim and year-end reporting schedules are completed.
Liaise with internal and external auditors.
Manage compliance with the VAT legislation with the Process Excellence functions.
Ensure income tax compliance across the Process Excellence functions.
Provide input regarding compliance with company law in conjunction with the legal department.

Internal Control

Continuously identify and pursue opportunities to improve control procedures throughout the Group.
Follow up on audit queries and ensure that corrective action is taken by responsible teams.
Ensure compliance with approved procedures by means of control checks performed by the finance team.

Staff Management

Manage geographically spread teams
Lead and develop staff within the context of the Labour Relations Act, Employment Equity Act, Basic Conditions of Employment Act and the Skills Development Act.
Monitor staff performance and provide regular feedback.
Manage staff activities, ensuring service levels are met and protocols are adhered to.
Coach and support staff where necessary to achieve objectives.
Manage staff leave and general time management issues in line with organisational deliverables and standards.
Manage and deliver on succession plans to enable the development of a future generation of leaders and specialists and ensure optimal turnover and retention levels are maintained.
Conduct regular performance appraisals with subordinates.
Establish sound staff and labour organising and communication structures and systems.
Develop and manage high-performance multidisciplinary teams in order to solve problems within the commercial arena.
Conduct regular meetings and ensure that records are kept and shared across the team and that action plans agreed to within team meetings are delivered upon.