Financial Manager

Recruiter:

Fouche & Co Recruitment

Job Ref:

DBN000311/CF

Date posted:

Tuesday, October 29, 2024

Location:

Umhlanga, South Africa

Salary:

80000 Monthly

SUMMARY:
Umhlanga - Are you a skilled finance professional with expertise in reporting, strategic management, and compliance? Our client is seeking a Financial Manager to oversee the financial health of the division, manage key reporting processes, and support operational efficiency in alignment with international standards.

POSITION INFO:
Our client operates in a fast-paced manufacturing environment where financial precision and strategic foresight are essential to maintaining growth and stability. The ideal candidate will join a collaborative team focused on business success through sound financial leadership.

The Financial Manager will report to the CFO and take responsibility for financial reporting, budgeting, audits, and working capital management for the print division. This role involves supporting the leadership team with insights and financial strategies that drive performance and align with IFRS standards.

Key Responsibilities:

1. Financial Reporting & Management

Lead financial operations and reporting processes for the print division.
Provide guidance and insights to the management team, including the MD and Sales Head.
Prepare monthly financial reports, including margin analysis and key variances.

2. Budgeting and Forecasting

Oversee the preparation of budgets and forecasts for the division.
Collaborate with key stakeholders to develop sales and financial budgets.
Present budget reports to senior management, ensuring deadlines are met.

3. Compliance, Audits & Governance

Ensure financial reporting aligns with IFRS and corporate policies.
Coordinate audits, address audit findings, and improve financial processes.
Monitor compliance with statutory and company regulations.

4. Asset and Treasury Management

Maintain an accurate fixed asset register and ensure compliance with IFRS 16.
Oversee treasury functions, including cash flow management and payment reviews.
Support working capital management to optimize cash flow and inventory.

5. Leadership & ERP System Management

Mentor and manage two Management Accountants within the finance team.
Provide expertise on ERP systems (Business Central) for financial reporting.
Lead ad hoc financial projects and collaborate with cross-functional teams.

Requirements:

BCompt degree. CA (SA) qualification required.
SAIPA /SAICA/ CIMA Qualified
5-7 years in a financial management role within a medium to large organization.

Remuneration: R80 000 - R100 000 Cost to Company

*** Only shortlisted candidates will be contacted ***

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