Finance Manager (Hybrid/Remote)

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