Financial Director - Divisional

• Leads the finance department
• Demonstrates commercial acumen with regard to business performance improvement at a strategic and operational level.
• Supports the MD with growth and sustainability strategies
• Oversees the reporting process for the division, ensuring efficient, timely and accurate monthly, quarterly, interim and annual financial reports
• Monitors actual performance against budgets, identifying and investigating variances
• Accruals/provisions and correcting journals posted as required following review
• Prepare various finance reports for Exco meetings, including detailed commentary for the MD report
• Other ad-hoc reports and models prepared as required for holding company and to support the business in terms of the supply of financial information for decision making.
• Prepares the detailed annual budget and quarterly forecasts for the division
• Co-ordinates and manages the financial year-end audit
• Oversees stock management processes and stock counts, ensuring optimal working capital is maintained and minimal stock write-offs
• Provides financial oversight of the division with regards to key metric implementation and measurement, cashflow, working capital management and capex management
• Monitors adherence and adequacy of internal control systems including but not preventing/detecting material errors, theft and fraud and implements systems to safeguard the business assets
• Reviews credit applications, property leases, supplier agreements and distributor agreements
• Provides supports to branches, sales and workshops
• Debtors and cash flow management
• IT
• Other adhoc responsibilities

Requirements:

• Qualified CA (SA)
• Minimum 4 years’ post articles experience with at least two years at senior management level
• Operational experience
• Strong business acumen
• Good communicator

• Advanced Microsoft Excel skills
• Financial Modelling (IRR Calculations, ROI, Cashflow, Forecasts, Budgets)
• Strong understanding of internal controls and procedures

• Cross border transactions (importing and exporting)
• Experience in a plant rental business preferred.