Financial Director

 

There are many reasons why you should become a financial director. The first and most obvious reason is that it's a great career choice. Financial directors earn good money and have interesting work. They also have the chance to make a real difference to the companies they work for – and often, to their fellow employees.

What is a Financial Director?

The financial director is the chief financial officer (CFO) of a company and is responsible for managing a firm's finances. The financial director oversees the entire financial operations, including budgeting and forecasting, accounting, taxation and capital management. Additionally, they serve as a liaison between investors and management.

As a member of the board of directors, the financial director provides input into strategic decisions such as acquisitions or divestitures and monetary policies affecting various departments within an organisation. They also advise senior management on business planning, risk management, and corporate finance strategy.

 

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Financial Director Job Description

Financial Director Job Overview

The financial director is responsible for overseeing an organisation's finances, from annual budgets and monthly reports to long-term strategic planning. They are also responsible for ensuring that spending is within legal parameters and that employees adhere to company policy.

Financial directors usually work in larger businesses, such as corporations and government departments, rather than small businesses.

Responsibilities of a Financial Director

The duties of a financial director vary depending on the size of their employer but generally include:

• Scheduling monthly budget meetings with managers and reviewing forecasts prepared by department heads and cost centres to ensure they match expectations
• Creating an annual business plan which outlines expected sales growth and profitability over the coming 12 months, including any changes in staffing levels required to meet these goals
• Managing budgets and payroll
• Monitoring cash flow and ensuring that adequate funds are available for day-to-day operations
• Determining how much capital is needed for future growth
• Making projections about future cash flows
• Implementing strategies that will help achieve these goals
• Providing advice on financial matters
• Preparing reports on staff productivity and profitability

Financial Director Skills & Qualifications

To become a financial director, you must have a degree in accounting or finance. You may also have experience working in finance and accounting, or at least have some knowledge of these fields. If you don't have any experience, you could train as an accountancy assistant before applying for this role. Other companies may require you to have at least ten years of experience in similar positions or have an MBA from a top school.

The Financial Director has a wide range of skills and qualifications required to carry out their role effectively. These include:

• Commercial acumen - an understanding of how businesses operate in their industry sector, including competitor analysis and market trends;
• Management skills - ability to lead by example and motivate others;
• Financial expertise - knowledge of economic systems as well as accounting principles and practices;
• Communication skills - ability to communicate clearly both verbally and in writing across all levels of staff;
• Strong analytical skills.

Becoming an FD can be the start of a rewarding career. It's a role which requires you to use your knowledge, experience and expertise to help an organisation achieve its goals. That means that you'll have plenty of opportunities to make decisions and influence the way things are done. It also means that you'll get plenty of praise when things go well – but when there's a problem, you'll also be expected to take responsibility for solving it.

Search jobs similar to this role and find your dream job! Happy hunting.

 

Financial Director Jobs currently open:

CFO
Location: Tzaneen
Salary: Annually
Are you looking to take that next step in your career and be part of a business that are pioneers in the FMCG field running a full supply chain? A company that understands that you need to form part of change and keep their business current and relevant. We are searching for an operationally minded and strategic CFO with a passion for agriculture. Apply today and let’s kick off 2025 on a hig...
3 days ago


Chief Financial Officer
Location: Johannesburg
Salary: 1 500 000 Annually
Ready to Make financial Waves? Your Next Opportunity Awaits!
11 days ago


Chief Financial Officer
Location: Pretoria
Salary:
Attention Senior financial Managers with at least 5 years of experience in costing and cash flow management! If you’re ready to take the next step in your career, and are based in Pretoria East, we want to hear from you for an exciting Chief financial Officer opportunity.
12 days ago


Chief Financial Officer (CFO)
Location: Centurion
Salary:
Strategize, Optimize, Realize – Your Path to financial Leadership!
13 days ago


CFO
Location: Johannesburg
Salary: Annually
ARE YOU A CHIEF financial OFFICER?CA(SA) QUALIFIED?LISTEN UP!!!A top-tier Underwriting Management Agency in Germiston is searching for a game-changing Chief financial Officer (CFO) to join their powerhouse team! If you’re bursting with energy, brimming with enthusiasm, and hungry to make a real impact, this is your moment to shine. CA(SA) essential.Insurance Knowledge essential.IFRS Kno...
13 days ago


Finance Director
Location: Cape Town
Salary: Monthly
Our client is a global leader in conservation and luxury hospitality, with a mission to blend sustainable tourism with a deep commitment to community and environmental stewardship. Their exclusive lodges and safaris offer guests unparalleled experiences in some of Africa’s most iconic wildlife destinations.They are seeking a highly skilled and dynamic Finance director, based in Arusha, Tanza...
13 days ago


CFO
Location: Pretoria
Salary: 1300000 Annually
Shape the future of manufacturing finance - Become our next CFO and drive strategic growth.
13 days ago


Chief Financial Officer (CFO)
Location: Lesotho
Salary: Monthly
CFO to join the team and lead & oversee the company's financial activities.
14 days ago


Financial Director
Location: Durban
Salary: Market related
Our client is looking for a strategic and results-oriented financial director to lead their financia
14 days ago


Divisional Chief Financial Officer (CFO)
Location: Johannesburg
Salary: 14000000 Annually
One of our clients that provide specialised is seeking a Divisional Chief financial Officer (CFO) to lead their financial team and play a pivotal role in driving strategic growth.
15 days ago