Financial Manager CA (SA) / CIMA

 

Recruiter:

Globevest Group

Job Ref:

MFBSFM150621

Date posted:

Tuesday, June 15, 2021

Location:

Durban, South Africa

Salary:

840000


SUMMARY:
A leading Automotive Company is looking for a Financial Manager. The successful candidate will have a Financial BCom Degree and 5+ years’ experience in a Financial Manager Role and the Motor Industry.

POSITION INFO:

MAIN PURPOSE OF JOB:
In this role, you will be building relationships with key stakeholders, work closely with operations to secure alignment on account planning activities.

The Finance Manager is responsible for all aspects of financial management, ensuring compliance with internal policies and procedures. This role builds the capacity of the Company’s finance team. S/he oversees the day to day work of the finance department and is responsible for the effective use and deployment of staff and financial resources.

MAIN JOB FUNCTIONS:
1. All financial reporting, policies and procedures, while driving reporting excellence
2. Provision of support to functional leaders with respect to financial reporting
3. Development and continued integration of financial systems
4. Project budgeting, forecasting and cash flow forecasting
5. Business analysis including monitoring
6. Team leadership and training of local staff
 

Key Responsibilities include:

Management of the Finance & Administration Department
a. Lead and manages the finance team ensuring all areas are functioning effectively (including taxation, cost management, accounting, payroll and reporting)
b. Oversee administrative functions
c. Oversee all vendor contracts including sourcing, negotiation and ensuring appropriate agreements, execution and service levels
d. Ensure that all activities are done according to budget and forecasts

Plan, organise and control the high level activities related to the department
f. Develop and maintain progression and succession plans for the department as per company and HR guidelines; this includes the development, implementation and maintenance of a department skills matrix among other requirements

Cost

a. Monitor operating budget performance and actively participates in the monthly
review process b. Accountable for the preparation of the budget and on delivery (costs and time) c. Negotiate and manage third party service providers in order to reduce costs

Planning

a. Plan work according to business requirements and guides all activities accordingly

b. Manage the annual site planning and administrative process

People & Team Management

a. Develop and encourage a team approach with shared objectives
b. Review and communicate individual and team performances in daily, weekly,
monthly team meetings
c. Create and maintain strong relationship with all internal and external stakeholders
d. Active involvement in employee development by mentoring, training and coaching employees
of the departments to enhance overall team skills development
e. Develop and monitor the progress of employee development and progress plans
f. Ensure all key people program requirements are met including timely performance
management reporting, core training and development programs, etc.
g. Ensure the Finance and Administration Team is executing in their roles and responsibilities to
an expected industry standard.

Policy, Procedure and Process Development
a. In consultation with corporate management, review relevant policy and procedures
b. Communicate with corporate staff to ensure effective alignment and collaboration on key
initiatives

Innovation and Improvement
a. Actively participate in the continual review of company procedures and make
recommendations as required
b. In collaboration with the Business Performance Manager, identify and address business
process opportunities in all areas to further improve effective and efficient operation
c. Identifies, investigates and implements improvements to all commercial operations in order
that security management capability that will satisfy External audit controls compliance

Desired Experience & Qualification

1. CA (SA) or CIMA
2. Advanced excel ability is vital – non-negotiable;
3. Minimum 5 - 8 years'' relevant experience;
4. Motor industry experience would be beneficial, however manufacturing and construction industry would be considered;
6. Insurance background would be advantageous;
7. Experience mentoring, coaching and building and leading teams with people at all level;
8. Demonstrated experience designing and developing financial, cost and performance management reports;
9. Experience developing and improving business processes;
10. Strong communication skills in English;

11. Must possess strong cultural sensitivity and be able to execute work successfully in a dynamic fast paced culture;
12. Excellent analytical, organizational and problem solving skills;
13. Must be able to demonstrate the values of integrity, respect and collaboration and;
14. Demonstrated commitment to ensuring a safe working environment.

 



 

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