Financial Manager

SUMMARY:
Job Title: Financial Manager
Location: Meyerton
Reports to: CEO
Office-based position Monday to Friday with working hours 08:00 to 17:00
Job Purpose:
The Financial Manager is responsible for overseeing the financial health of the organization by managing financial planning, reporting, risk management, and decision support. This role involves managing a team of financial professionals, ensuring accurate financial reporting, and providing strategic financial guidance to senior management.

POSITION INFO:
Key Responsibilities:

• Financial Reporting and Analysis:
• Prepare, analyze, and present monthly, quarterly, and annual financial reports.
• Ensure compliance with accounting standards and relevant laws.
• Monitor financial performance and provide recommendations for improvements.
• Budgeting and Forecasting:
• Lead the annual budgeting process, working closely with department heads to create comprehensive budgets.
• Prepare financial forecasts and provide regular updates to senior management.
• Monitor budget performance and control expenses to ensure alignment with financial goals.
• Cash Flow Management:
• Monitor cash flow and ensure sufficient liquidity for business operations.
• Develop strategies for optimizing working capital and managing cash flow efficiently.
• Internal Controls and Compliance:
• Develop, implement, and maintain internal control procedures to ensure the accuracy and integrity of financial data.
• Ensure the company is compliant with tax laws and regulations.
• Coordinate internal and external audits.
• Risk Management:
• Identify financial risks and develop mitigation strategies.
• Ensure the company has adequate insurance coverage and risk management policies in place.
• Strategic Planning and Decision Support:
• Collaborate with senior management in developing long-term financial strategies.
• Provide financial insights to guide business decisions, including cost-benefit analysis, profitability assessments, and investment evaluations.
• Team Leadership:
• Manage and mentor the finance team, ensuring high levels of performance and professional development.
• Delegate tasks and responsibilities effectively, while ensuring accuracy and timeliness.

• Financial Acumen: Strong knowledge of financial management, accounting principles, and financial analysis.
• Analytical Thinking: Ability to analyze financial data, recognize trends, and provide actionable insights.
• Attention to Detail: Ensuring high accuracy in all financial reports and analyses.
• Communication Skills: Ability to present complex financial information clearly to non-financial stakeholders.
• Leadership: Strong team management skills with the ability to mentor and develop a finance team.
• Problem-Solving: Proactive in identifying financial issues and finding solutions.
• Technological Proficiency: Familiarity with financial software and advanced Excel skills (e.g., Excel formulas, macros, pivot tables).
• Time Management: Ability to prioritize tasks and meet deadlines in a fast-paced environment.

• Education: Bachelor’s degree in Finance, Accounting, or a related field (required). A Master’s degree or relevant certifications (e.g., CFA, CPA) is an advantage.
• Experience: At least 5 years of experience in financial management or a related role, with proven leadership experience.
• Industry Knowledge: Experience in food manufacturing industry is a plus.