Finance Manager | Commodities Experience Required

Recruiter:

Network Recruitment

Job Ref:

NFR007027/MoD

Date posted:

Friday, July 25, 2025

Location:

Centurion, South Africa

Salary:

900000 Annually

SUMMARY:
ð¼ Finance Manager – Commodity Experience Required
ð Centurion | ð° R900 000 – R1 000 000 CTC per annum
Are you a strategic finance professional with a sharp eye for detail and a passion for procurement? We’re currently recruiting for a Finance Manager – Commodity Procurement to lead and manage the financial operations behind one of South Africa’s most critical supply chains.
ð¯ Purpose of the Role:
To oversee and manage all financial aspects of Commodity Procurement (CP), including:

Execution of CP contracts and coordination with primary suppliers.
Processing and reconciliation of supplier payments and CP invoices to mills.
Oversight of CP pre-paid stock and debtor accounts.
Preparation of monthly CP income statements.
Development of monthly and quarterly CP true-up forecasts.
Cash flow forecasting related to CP activities.
Administration and governance of the CP contract management system.

POSITION INFO:
ð Key Responsibilities:
Primary CP Supplier Payments

Track contract execution by raw material and mill.
Authorize payments per contract terms and resolve supplier queries.
Oversee CP GRIR per mill.

CP Invoices to Mills

Resolve pricing discrepancies and weight variances between systems.

Management of CP Pre-paid Stock & Debtors

Reconcile internal vs external stock records.
Align debtor balances between Excel and SAP.

Monthly CP Income Statement

Prepare journal entries and reconcile trial balances.
Compile month-end reports including CP true-up breakdowns.

Forecasting & Cash Flow

Maintain monthly and quarterly CP true-up forecasts.
Prepare bi-monthly and weekly cash flow forecasts.

Contract Management System Oversight

Archive contract documentation and update standard cost data in Excel and system.

ð Requirements:

B.Comm or relevant financial qualification
CA(SA) or CIMA advantageous but not essential
5–7 years of relevant financial and managerial experience, with at least 5 years in a supervisory role
Foundational understanding of commodities procurement
FMCG purchasing experience highly advantageous
SAP experience beneficial but not essential

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