Job Title: Finance Director Castrol Africa
Job Location: Gauteng, Johannesburg
Deadline: May 18, 2025
Job Description:
- This role is responsible for the financial operations for Sales & Marketing for Africa and is accountable for the end-to-end performance management process for Africa. The role supports the Senior Finance Manager Africa and the Heads of Business for each region to drive business performance, in economic and strategic terms, and is responsible for leading interventions where required to ensure strategic objectives are met. Supports the business strategy and helps deliver the financial roadmap for Africa.
About bp
- Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing, and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably is fundamental to achieving our ambition to be a net zero company by 2050 or sooner.
About Castrol
- Castrol Africa is a manufacturer and supplier of premium lubricants within the Africa market. The business footprint covers 52 countries in Africa via a direct and indirect model. The Africa organization is structured into clusters – Southern Africa and North, West, East Africa, and reports into the Middle East Turkey Africa (META) region.
Key Responsibilities:
- Support the development and execution of the financial strategy underpinning the growth objectives of the respective clusters and region.
- Ensure the robust MI process and analysis of performance to enable proactive decision-making and recommend business interventions, providing relevant insights to support decision-making at executive and board level.
- Provide in-depth financial analysis on cost control initiatives and investment strategies.
- Oversee the financial accounting and reporting process.
- Own the financial planning, budgeting, and forecasting processes to optimize financial performance.
- Optimize capital allocation, cash flow management, and financial risk assessment to ensure business sustainability.
- Drive business growth strategies by identifying and assessing financial risks and opportunities.
- Identify, document, and implement financial process improvements and system enhancements.
- Work closely with Supply Chain Finance to improve financial efficiency and profitability.
- Lead and support the development of a high-performing finance team across the region.
- Collaborate cross-functionally with Operations, Commercial, Supply Chain, JVs, FBT, and Corporate HQ to drive business objectives.
- Engage with investors, financial institutions, and key stakeholders to strengthen financial positioning.
- Represent Castrol on governance forums and own the financial input process as needed.
- Lead financial risk management, including currency risks and financial exposure across African markets.
- Develop risk mitigation strategies to protect financial stability.
- Implement and maintain internal controls to safeguard assets and mitigate financial risks.
Education and Skills:
- Chartered Accountant or equivalent license (SAIPA, CIMA, ACCA, CPA) with 10-15 years of relevant post-qualification experience in business, accounting, finance, and economics.
- Strong understanding of macroeconomic environments across Africa, growth drivers, and business models.
- Strong commercial acumen, technical financial accounting (IFRS), and knowledge of continuous improvement and process optimization principles.