Financial Director
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.
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Financial Director Jobs currently open:
Financial Director South AfricaLocation: Johannesburg
Salary:
Take on a high-impact financial director role within a global marketing organisation—while enjoying the freedom of a 100% remote working environment. If you're a commercially minded CA(SA) who excels in dynamic, creative, and client-focused settings, this is a rare opportunity to lead the full finance function from anywhere in South Africa.
2 days ago
Chief Financial Officer (CFO)
Location: Pietermaritzburg
Salary:
NPO is looking to employ a highly skilled Chief financial Officer (CFO) to join their executive leadership team in Pietermaritzburg. This person will act as a strategic partner to the CEO and Board, overseeing all financial functions while ensuring the organisation’s long-term financial sustainability. The ideal candidate will not only be technically strong but also passionate about th...
2 days ago
Chief Financial Officer
Location: Pietermaritzburg
Salary:
3 days ago
Chief Financial Officer (CFO)
Location: Cape Town
Salary: 3 000 000 Annually
Our client is an established organisation operating across several entities with a strong focus on growth through mergers and acquisitions. They are seeking a seasoned Chief financial Officer (CA(SA)/financial director (CA(SA) with deep expertise in multi-entity financial leadership and a solid understanding of the dynamics behind deal-making, capital raising, and strategic expansion. The ideal ca...
4 days ago
CFO
Location: Cape Town
Salary: 2 500 000 Annually
Chief financial Officer – Strategic Leadership OpportunitySearching for a seasoned financial executive with a proven track record in high-stakes deal-making and growth strategy? I’m seeking a visionary CFO to lead financial transformation and drive complex transactions in a dynamic, fast-paced environment. This role is designed for a leader who thrives on strategic acquisitions, invest...
4 days ago
Chief Financial Officer
Location: Cape Town
Salary: 1 300 000 Annually
Lead the financial Future of a Dynamic Organization!Are you a visionary financial leader ready to make a bold impact? We’re looking for an Executive financial Strategist to steer the ship and shape the future of a thriving business. If you have 10+ years of financial leadership experience, thrive on influencing strategy, and excel at building strong stakeholder relationships across regions, ...
4 days ago
CHIEF FINANCIAL OFFICER - PIETERMARITZBURG, KZN MIDLANDS
Location: Pietermaritzburg, Kwazulu-natal
Salary: To be discussed
CHIEF financial OFFICER - PIETERMARITZBURG, KZN MIDLANDS
4 days ago
Chief Financial Officer
Location: Cape Town
Salary: 1 300 000 Annually
We’re seeking a visionary leader with deep financial expertise and proven executive experience to take on a strategic role at the helm of a dynamic organization. If you have 10+ years of financial management and leadership experience, thrive on building strong stakeholder relationships across regions, and are ready for a new challenge, this could be your next big move.
5 days ago
CFO
Location: Johannesburg
Salary:
#SHIFTINTOHIGHCAREER by joining an Automotive OEM that seeks the expertise of a Chief financial Officer
5 days ago
Financial Director
Location: Midrand
Salary:
A prestigious opportunity has opened for an accomplished financial director (CA(SA)) to lead the full finance function of a major player in the FMCG manufacturing sector. If you are a strategic leader with strong commercial acumen and a passion for driving financial excellence, this role in Midrand is your next big move.
5 days ago