SUMMARY:
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POSITION INFO:
Overview:
Our commercial client, as looking for a Finance Manager to oversee a division of their business. This role includes preparing and reviewing the monthly process with the finance team, and reporting directly to Senior Management / Executive Team. It supports both the finance team and the GM of the market, and reports directly to the Financial Executive.
Minimum Requirements:
- Grade 12 / Matric
- BCom Degree in Financial Accounting
- Completed articles (advantageous)
- 5+ years’ experience in a commercial environment (essential)
- Experience with staff management
- Experience reporting into Senior Management
- Advanced Excel
- Able to travel (minimum of 1 week every quarter; more if required)
Responsibilities:
Financial Reporting and Analysis
- Review of Final tax calculation and submission
- To present and discuss all Corporate taxes with CFO
- Financial statements preparation - review
- Support finance teams with audit queries and completions
Financial Planning and Budgeting
- Review of Operational plan, budget, and 5-year plan to be prepared/maintained
- Review the monthly cashflow forecast
- Review the weekly/daily cashflow needs
Project Management and Support
- Supports and runs projects with the Finance Executive
- Perform internal audit on markets, ensuring processes are followed, and internal controls are sound
Problem Solving and Analysis:
- Financial Performance Issues: Analysing and addressing underperformance, cost overruns, and revenue shortfalls.
- Cash Flow Management: Ensuring sufficient liquidity, optimizing cash flow, and mitigating risks.
- Operational Efficiency: Improving financial processes, reducing costs, and enhancing productivity
- Compliance and Regulatory Adherence: Staying updated on financial regulations and ensuring compliance across all businesses.
- Strategic Financial Planning: Developing financial strategies aligned with business objectives, conducting financial modelling, and making data-driven decisions.
Judgement and Decision Making:
- Resource Allocation: Determining how to allocate financial resources across different business units or projects. This
directly impacts the organization's growth, profitability, and risk profile.
- Cost Reduction Strategies: Identifying cost-saving measures without compromising operational efficiency or quality.
These decisions impact profitability and cash flow.
- Financial Reporting and Analysis: Interpreting financial data and providing insights to management. These decisions
influence strategic planning and operational improvements.
Innovation:
- Identify inefficiencies: Pinpoint areas where financial operations can be improved.
- Implement new technologies: Introduce software or tools to streamline processes and enhance accuracy.
- Develop financial models: Create advanced models for forecasting, budgeting, and risk assessment.
- Optimize financial processes: Redesign workflows to improve efficiency and effectiveness.
Training and Support
- Training in Acumatica
- Reviewing beneficiaries on the banking platform
- Support food cost analyst
- Support finance teams on day-to-day functions.
Communication:
- Works closely with the Finance Executive and Market accountants
- Interacts with GM and Accountants on all finance-related queries
- Provides and supports all processes within the finance team
