Finance Director

Talent Genie; South Africa; On-site; ZAR 1 200 000 - 1 500 000; Full time

Job summary

A leading beverage manufacturer in South Africa is seeking an experienced Finance Director to lead financial strategy and oversee operations. Ideal candidates have a strong FMCG background with extensive experience in financial leadership. This role calls for excellent financial acumen, communication skills, and a passion for strategic planning. Opportunities for growth and team mentoring are integral to this position.

Qualifications

• Minimum of 10 years of experience in finance.
• At least 5 years in a senior financial management role.
• Experience in financial leadership within FMCG or manufacturing.

Responsibilities

• Develop and execute a comprehensive financial strategy.
• Lead annual budgeting, forecasting, and financial planning.
• Oversee day-to-day financial operations including accounting.
• Manage internal and external audits for compliance.

Skills

Strategic thinking and analytical skills

Advanced financial acumen

Leadership and team management

Communication and interpersonal skills

Knowledge of FMCG and beverage industry

Proficiency in ERP and financial software

Financial leadership experience

Risk management expertise

Education

Bachelor's degree in Finance, Accounting, or Economics

MBA or professional designation (e.g., CA, CPA) preferred

Tools

ERP software

Advanced Excel

Job description

Overview

Reference
Finance Director

Salary
ZAR/month

Job Location
- South Africa -- City of Cape Town -- Cape Town

Job Type
Permanent

Posted
31 October 2024

Our client in the beverage manufacturing/FMCG industry is seeking an experienced Finance Director to lead financial strategy, oversee financial operations, and support the company's growth objectives. The ideal candidate will have a strong background in financial management within the FMCG sector and a passion for driving financial excellence in a high-growth environment.

Responsibilities:

• Financial Strategy and Leadership:
• Develop and execute a comprehensive financial strategy aligned with the company's growth goals.
• Provide financial insights and strategic recommendations to the executive team to support decision-making.
• Lead annual budgeting, forecasting, and long-term financial planning to ensure alignment with business objectives.
• Operational Finance Management:
• Oversee day-to-day financial operations, including accounting, treasury, and cash flow management.
• Ensure timely and accurate financial reporting, adhering to regulatory and compliance standards.
• Implement and maintain robust financial controls to safeguard company assets and enhance financial integrity.
• Performance Analysis and Reporting:
• Monitor key financial metrics, identifying trends and areas for improvement to enhance profitability.
• Prepare and present financial reports to the executive team, highlighting actionable insights and recommendations.
• Support business units with financial analysis to improve performance and drive cost optimization.
• Risk Management and Compliance:
• Identify and mitigate financial risks, ensuring compliance with relevant tax laws, industry regulations, and internal policies.
• Manage internal and external audits, coordinating with auditors to ensure regulatory compliance.
• Oversee risk management processes, including currency, credit, and operational risk assessments.
• Capital Management and Investment:
• Optimize cash flow and working capital to support business operations and growth initiatives.
• Develop and manage relationships with banks, investors, and other financial stakeholders to secure funding and facilitate growth.
• Evaluate potential investments, mergers, and acquisitions to support the company's expansion plans.
• Team Development and Leadership:
• Lead and mentor the finance team, fostering a culture of continuous improvement and professional development.
• Ensure the team's alignment with company goals, establishing performance metrics and development plans.
• Promote best practices in financial management and encourage cross-departmental collaboration.

Key Skills:

• Strong strategic thinking and analytical skills with a focus on financial planning and performance optimization.
• Advanced financial acumen in budgeting, forecasting, and financial analysis.
• Excellent leadership and team management abilities with a focus on professional development.
• Strong communication and interpersonal skills to engage effectively with stakeholders at all levels.
• In-depth knowledge of FMCG and the beverage industry, including market dynamics, regulatory compliance, and tax laws.
• Proficiency in ERP and financial software, with advanced Excel skills.
• Minimum of 10 years of experience in finance, with at least 5 years in a senior financial management role.
• Proven track record in financial leadership within the FMCG or manufacturing sector, preferably in the beverage industry.
• Extensive experience in strategic planning, financial reporting, and risk management.

Qualifications:

• Bachelor's degree in Finance, Accounting, Economics, or a related field; an MBA or professional designation (e.g., CA, CPA) is preferred.