Finance Business Partner

Hr Genie; KwaZulu-Natal; On-site; ZAR 60 000 - 100 000; Full time

Job summary

An established industry player is seeking a skilled Finance Business Partner to enhance financial strategies and support operations. This role demands a Chartered Accountant with extensive experience in the sugar sector, capable of managing significant financial portfolios. The successful candidate will leverage their financial acumen and project management skills to drive business decisions and improve processes. Join a dynamic team where your insights will shape the future of the organization and contribute to its success in a competitive market.

Qualifications

• Qualified Chartered Accountant with 5-10 years in finance, preferably in the sugar industry.
• Strong business and commercial acumen with experience in middle management.

Responsibilities

• Provide financial insights for business decisions and review profitability reports.
• Monitor raw material prices and maintain supplier relationships.

Skills

Financial Acumen

Project Management

Communication Skills

Interpersonal Skills

Negotiation Skills

Change Management

Education

Chartered Accountant (CA) SA

Tools

SAP

Job description

Tongaat has a vacancy for a Finance Business Partner.

Position Info:

Purpose of Role: To provide a high level of financial skills combined with superior business acumen, commercial sense, and strategic intelligence.

The role requires understanding the strategic framework of business processes, coupled with project management, communication, interpersonal, and organizational skills.

Additionally, the role involves providing financial and administrative support to operations concerning local and export markets.

Qualifications & Experience Required:

• Must be a qualified Chartered Accountant (CA) SA.
• At least 5-10 years of relevant experience in a sugar environment, with a successful track record in middle management within a large organization.
• Experience managing financials of approximately R10 billion.
• Self-motivated, able to work independently, and willing to work under pressure.
• Excellent communication and interpersonal skills.
• Strong business systems and process improvement capabilities, negotiation skills, and knowledge of the manufacturing industry.
• Experience with SAP is essential.

Core Competencies:

• Business, commercial, and financial acumen—understanding industry trends, business models, challenges, and opportunities.
• Experience in change management, leadership, coaching, and performance delivery through teams in a matrixed organization.
• Culturally aware with adaptable leadership styles; capable of working under tight deadlines.

Communication:

Effective communication skills are essential, with the ability to share information clearly using appropriate channels and technology with individuals and groups.

Key Responsibilities:

Financial and Management Reporting:

• Perform financial evaluations and provide insights for business decisions.
• Review product and customer profitability reports.
• Review monthly agent commissions and incentives.
• Monitor raw material and commodity prices, liaising with procurement for favorable terms.
• Assess stock returns due to quality issues and their business impact.
• Stay updated on competitor trends and their impact on the business.

Commercial Management:

• Monitor raw material requirements and align with forecasts.
• Track cost of sales, selling prices, and gross profit margins, addressing concerns with senior management.
• Maintain relationships with key suppliers and insurers, working on contracts and tenders.

Budgeting & Forecasting:

• Prepare detailed revenue and raw material budgets.
• Conduct sensitivity analyses and variance reporting.
• Review standard costs for the Bill of Materials.

Sugar Industry Obligations:

• Oversee molasses carry-over calculations and payments.
• Prepare for molasses industry season-end audits and submit monthly SASA reports.

Internal Control and Risk Management:

Implement and maintain standards and systems for internal control and risk mitigation.