Financial Manager

SUMMARY:
A multi-faceted company operating in the burial, financial services, hospitality, and petroleum market is seeking a Financial Manager with previous experience in FMCG to join their team of leaders. The incumbent must be a Chartered Accountant with 8 to 10 years of experience in Financial Management.

POSITION INFO:

Minimum Requirements:

• Previous FMCG experience.
• Qualified Chartered Accountant.
• 8 - 10 Years’ experience in Financial Management.
• Minimum of 5 years’ senior management experience.
• Strategic Financial skills required.
• Excellent Excel Skills.
• Solid Understanding of IFRS reporting.
• A self-starter with proven ability to work with evolving companies and lead change into creating a structured, high performance environment.
• A proven leader who can position Finance as a business driver, set up excellent operational processes, coach the team and champion performance culture.

Performance Areas (Responsibilities):

The Finance Manager duties shall include, but not be limited to:

• Developing strategic financial direction for the Group of companies, with key milestones and targets.
• Providing accurate financial reports and interpreting financial information.
• Ensuring compliance of all regulatory requirements from a Finance perspective.
• Supervising staff and coordinating financial activities.
• Monitoring and interpreting cash flows and predicting future trends.
• Developing financial management controls to minimize financial risk.
• Managing budgets, forecasts, and net working capital projects.
• Liaise with external auditors and internal auditors.
• Reduction in Internal and External audit management report issues.
• Assisting the CEO with strategic forecasting for the business.
• Value of input into key financial decisions taken
• Improvement on Cash Conversion Cycle (Working Capital Days).
• Implement effective Processes and Procedures that drive efficiencies and productivity within Finance department.
• Measurement and achievement of the prescribed EBITDA.

 Strategic Direction

• Interpret the company''s financial results to management and recommend improvements.
• Review company bottlenecks and recommend changes to improve the overall level of company performance.
• Cash flow management and forecasting, including measuring the budgeted cash flow vs actual cash flow and ensuring excess cash is managed accordingly.
• Measurement and achievement of the prescribed EBITDA

Financial Reporting

• Assist with the preparation of the Annual Integrated Report, Annual Impairment Tests, and Annual Financial Statements.
• Cash flow consolidation and review.
• Intercompany reconciliations.
• Manage Budget and forecast processes.
• Consolidation of Divisional budgets (I/S, B/S, CF and Capex) and preparation of Budget pack

Financial Analysis

• Divisional monthly results review.
• Month end Divisional commentary for Exco submission.
• Divisional WC Review and Commentary.
• Preparation and Distribution of Divisional Reporting Packs.
• Review of internal tax packs.
• Review of Provisional tax computations and Operating Company AFS.
• Compile key business metrics and report on them to management.
• Create additional analysis and reports as requested.
• Building and maintaining a forecast IS, BS and cash flow models.
• Commentary of Accounts Receivable and Payable DSO’s.
• Accounts Receivable and Payable Age Analysis review.
• Set and Review of Annual KPI’s for self and staff.
• Quarterly insurance review.
• Identify and react quickly to problems and develop appropriate internal controls to minimize financial risk.
• Conducting reviews and evaluations for cost-reduction opportunities.
• Prepare ad hoc analyses and reports as required.
• Attend to ad hoc queries as required.
• Relationship Management.
• Building and maintaining relationships with suppliers.
• Manage company audit processes with internal and external auditors.
• Review Audit Management letters and implementation of controls thereof.
• Financial staff management by ensuring correct staff in correct positions.
• Assessing Finance Staff’s performance and developing people report cards to close gaps and develop staff.

Taking the next step in your career means that you are one step closer to success. Should you have eight or more years of relative experience, and you meet the necessary requirements, please apply for this role ASAP!

Please apply directly, by clicking on the apply button or visit --------Please upload your CV here--------> for more exciting finance opportunities.

For more information, contact:

Recruitment Consultant: Ariella Eschur

Contact number: -----

Email: aeschur@------

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