Commercial Finance Manager

Alexander Daniels; Noordwes; On-site; ZAR 1 350 000 - 1 553 000; Full time

Job summary

A leading recruitment agency is seeking a Commercial Finance Manager in South Africa to oversee financial reporting and project cashflow. The role includes managing a team, driving financial performance, and developing strong operational relationships. Qualified candidates with experience in a project-based environment and excellent analytical skills are encouraged to apply. The position offers a competitive salary with additional benefits including a car allowance and bonus.

Benefits

Car Allowance

15% Bonus

Health Care

Pension

25 days holidays + bank holidays

Life Insurance

Qualifications

• Experience in a similar role in projects based sectors.
• Strong analytical skills.
• Ability to develop relationships with internal stakeholders.

Responsibilities

• Manage cost and revenue reporting for operational teams.
• Assist project managers with financial frameworks.
• Prepare cash forecasts and report on overheads.
• Drive working capital by managing billing processes.

Skills

Qualified (ACA, CIMA, ACCA)

Excellent Excel skills

Deadline driven accounts Group reporting

Excellent verbal and written communication skills

Ability to prioritise work

Experience of projects accounting

Experience of implementation of finance systems

Job description

As Commercial Finance Manager within the Digital division, you will be reporting to the Group FD and very closely with the site MD. You will be responsible for all management reporting and become the main link to head office commercial and financial teams. Whilst acting as business partner to the operating stakeholders allowing them to understand their contractual obligations and financial performance. As a project based business this role will oversee the production of monthly Cost value reconciliations, and revenue recognition for each project. Whilst driving project cashflow and highlighting risk.

Key Responsibilities

• Provide cost and revenue downloads to operational teams in each business, allowing for review with the project and commercial leads of CVR’s (Contract Valuation Report) at month end, to the agreed timetable.
• Assist project managers in understanding the contractual obligations and financial frameworks of their projects
• Put in place processes with operations to close out variations and final accounts quickly, and to promote a strong cash-driven culture within operational teams.
• Manage a small team within the Finance department, driving working capital and cash by putting in place processes to bill in an accurate and timely manner.
• To provide detailed analysis to operations to drive margin and working capital improvements
• Take responsibility for reporting on overheads and submission of month end reporting packs to Group.
• Preparation and management of the cash forecast including submission to group on a monthly basis.
• Preparation, analytical review and challenge of relevant sections of budgets, forecasts and strategic plans.
• To provide information, support and analysis to the operational, commercial and financial leads within the business for strategic and operational decisions.
• To develop close working relationships with internal customers to fully understand the business as well as establish a credible & effective network of contacts.

The successful Commercial Finance Manager will have the following skills and experience

• Qualified (ACA, CIMA, ACCA)
• Previous experience in a similar role within a Projects based Engineering, Construction or facilities management industry
• Deadline driven accounts Group reporting experience
• Excellent Excel skills and systems understanding
• Must have experience of projects accounting
• Excellent verbal and written communication skills
• Ability to priorities work in a fast-moving environment
• Experience of implementation of finance systems or change projects

What is on offer for the successful Commercial Finance Manager?

• Salary circa £60k DOE
• Car Allowance
• 15% Bonus
• Health Care
• Pension
• 25 days holidays + bank holidays
• Life Insurance

How to Apply

If you are a motivated and experienced Finance Business looking for a new challenge, please submit your application, including your resume and a cover letter, to [e-mail]. I look forward to hearing from you!

Due to the output from our search activity and level of applications expected, we will only be able to get back to relevant candidates.