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: Johannesburg
Salary: 1 500 000
Are you ready to take on a pivotal role at the helm of a global company known for its innovation and cutting-edge solutions in the technology and business services sector? This well-established, international company is searching for a dynamic CFO with a proven track record of leading key business functions and driving strategic growth.
Today


CFO
Location: Midrand
Salary: 1 500 000
Are you ready to take on a pivotal role at the helm of a global company known for its innovation and cutting-edge solutions in the technology and business services sector? This well-established, international company is searching for a dynamic CFO with a proven track record of leading key business functions and driving strategic growth.
1 day ago


Chief Financial Officer
Location: Johannesburg
Salary: 100000 Annually
My client seeks an exceptional CFO to lead in a dynamic, stock-driven environment. This role demands sharp financial expertise and a strong commitment to sustainability and ESG principles. The ideal candidate will drive strategy, balancing profitability with impactful, responsible leadership.
2 days ago


CFO
Location: Johannesburg
Salary: 1 000 000
Join a leading company renowned for delivering high-value solutions in a dynamic, output-driven environment.
2 days ago


Chief Financial Officer (CFO)
Location: Johannesburg
Salary: Market related
Growth House is a fast-growing player in the financial industry, committed to providing innovative financial solutions to our clients and achieving sustainable growth.We are looking for a highly skilled, energetic and strategic Chief financial Officer (CFO) to lead our finance department and support our continued success.
2 days ago


Chief Financial Officer
Location: Johannesburg
Salary: 2100000 Annually
Be the strategic force that powers growth and shapes the future.
3 days ago


Chief Financial Officer
Location: Johannesburg
Salary: 2200000 Annually
Lead the financial transformation of a thriving manufacturing company!
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Financial Director
Location: Johannesburg
Salary: 1400000 Annually
Are you ready to take on a pivotal leadership role with a global technology leader driving innovation in IT solutions? We’re looking for a dynamic financial director to steer strategic financial operations, ensure compliance, and support growth through insightful decision-making. In this influential role, you’ll work closely with senior leadership to optimize financial performance, str...
4 days ago


Chief Financial Officer
Location: Johannesburg
Salary: 1500000
Are you a seasoned Chartered Accountant ready to take the helm of financial leadership at a globally recognized industry leader? This is your opportunity to shape the financial strategy of an organization at the forefront of innovation, known for delivering cutting-edge technology solutions that empower businesses worldwide. As the Chief financial Officer, you will not only oversee the financial h...
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CFO
Location: Johannesburg
Salary: 11000000 Annually
Job Opportunity: Chief financial Officer (CFO)
5 days ago