Group Financial Manager

 

Recruiter:

HR Genie

Job Ref:

FSGFM0602

Date posted:

Wednesday, June 2, 2021

Location:

Randburg, South Africa

Salary:

Cost To Company


SUMMARY:
Is for the Financial Manager to take care of the businesses' financials, redefine the budgets etc.

POSITION INFO:

Be part of a company that wantsto help you grow within your profession as a Financial Guru.

My client has over 3 branches nation-wide with a foot print in Sub-Saharan Africa countries.

This a a brand new role where you can apply your expertise as a Financial Professional.

The purpose of the role:

Is for the Financial Manager  to take care of the businesses'' financials, redefine the budgets,forecast and reporting structure.

The Financial Manager needs to put systems in place and streamline the opertaions of the business having the logistics function in mind.

The role reports to the CEO

Direct reports:

Financial bookkeeping staff will report to FM.

Logistics staff will report to FM.

Non-negotiable requirements:

Bcom Financial degree; Bcom Honors or CA(SA) or CIMA

People managment experince

Manage more than 3 business unints

Nothing less than 7 years Financial Management experince

Engineering/ Industrial / Manaufacturing industry exposure

Requires financial analytical skills to analyze existing accounts and reporting

Cost accounting skills

Advanced Excel knowledge and high proficiency in Excel formulas and functions

Requires a dynamic approach to engage with rest of company team

Positive and pro-active attitude

Independent, self-driven

Excellent interpersonal and problem-solving skills

Main Duties:

Financial management

Work closely with the financial team to ensure accurate and timely monthly reporting

On joining to run with the project of consolidating company financial structures into one.

    • This includes redefining the chart of accounts.
    • Group and Business Unit budgets
    • Business unit cost centers, and reporting
    • Report and analyze consolidated cost centers performance in more detail in respect to budgets, cash flows, expenses and achieving required returns.
    • Input from a financial perspective to ensure correct strategic decision making
    • Ensuring auditors requirements are met.
    • Establish and maintain financial policies and procedures for the company
    • Understand and adhere to financial regulations and legislations
    • Debtors and creditors oversight

Running Logistics

Getting to terms with our Logistics Systems including:

    • Product tariffs and duties
    • Shipping and freight costs and procedures
    • Import ordering costs and procedures
    • Import costing and pricing
    • Stock holding and optimizing capital employed

Imports and foreign exchange

  • Forex payments – monitoring cash flows, rates, bookings and terms
  • Cross border trading into Africa and how can we improve on this by having correct financial structures
  • Import aspects and exchange control risks and costing decisions 
  • Financial systems to support and grow web based sales.

Staff management

  • Agree financial strategic tasks with the financial team based on company strategic tasks and goals
  • Monthly review of such tasks also based on company reporting.

 



 

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



 

 

 

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