Financial Director - Divisional

 

Recruiter:

Eco Staffing Solutions

Job Ref:

MJFD

Date posted:

Saturday, February 26, 2022

Location:

Johannesburg, South Africa

Salary:

Annual salary plus performance bonus and participation in the Group’s long term incentive scheme.


JOB SUMMARY:
An international equipment rental and industrial service business, operating in over 18 countries across two continents is looking for a ‘hands on’ Financial Director to take responsibility for the overall management of finance and business operations for the division.

JOB DESCRIPTION:

Duties:
  • 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.

 

NB! This job is now closed. You can apply for other jobs by uploading your CV.



 

 

 

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