Financial Manager

SUMMARY:
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POSITION INFO:

REQUIREMENTS

• Bachelor's Degree in Finance, Accounting, or a related field
• CA(SA) or CIMA qualification is highly advantageous
• Minimum of 5 years of progressive experience in financial management, with at least 2 years in a senior financial role within the automotive or manufacturing industry, is essential
• Demonstrable expertise in cost accounting, inventory management, and production finance specific to the automotive or manufacturing environment
• Strong understanding of ERP systems (preferably SAP) and advanced proficiency in MS Excel
• Excellent analytical, problem-solving, and decision-making skills
• Proven leadership and team management abilities
• Exceptional communication and interpersonal skills, with the ability to influence and collaborate across all levels of the organization
• In-depth knowledge of South African financial regulations and tax laws

RESPONSIBILITIES

• Responsible for overseeing all financial operations, providing strategic financial guidance, and ensuring the fiscal health and integrity of the organization
• Financial planning and analysis: lead the annual budgeting and forecasting processes, and conduct in-depth financial analysis to identify trends, variances, and opportunities for cost optimization and revenue growth
• Reporting and compliance: prepare accurate and timely financial statements, management reports, and statutory filings (IFRS/ GAAP compliant), and ensure adherence to all relevant financial regulations and internal policies
• Cash flow management: optimize working capital, manage cash flow, and develop strategies to improve liquidity and profitability
• Cost control and efficiency: implement robust cost accounting systems and methodologies, and drive initiatives to enhance operational efficiency and reduce expenditures across the business
• Strategic support: partner with senior management to provide financial insights and recommendations that support strategic decision-making, business development, and investment appraisals
• Risk management: identify and mitigate financial risks, ensuring strong internal controls are in place and adhered to
• Team leadership: lead, mentor, and develop a high-performing finance team
• Cross-functional collaboration: collaborate closely with departments such as operations and SCM, to ensure financial strategies align with overall business objectives and support effective decision-making
• Stakeholder management: liaise effectively with auditors, banks, tax authorities, and other external stakeholders