Enable job alerts via email!

Finance Manager

QE Services (QE Services)

Durban

On-site

ZAR 60 000 - 100 000

Full time

10 days ago

Boost your interview chances

Create a job specific, tailored resume for higher success rate.

Job summary

An established industry player is seeking a Finance Manager Reporting / Treasury to join their dynamic team in Durban. This pivotal role involves overseeing financial reporting, treasury management, and strategic decision-making to drive profitability and compliance. The ideal candidate will have a strong background in finance with a focus on treasury management, supported by a CA (SA) qualification and extensive experience in the South African petroleum industry. You'll be instrumental in providing insightful analysis and recommendations to senior management, enabling informed decisions that enhance financial performance. If you're ready to take your career to the next level, this opportunity is tailored for you.

Qualifications

  • 8+ years of experience in a senior finance role, especially in Treasury management.
  • Strong analytical and modeling skills with a focus on financial reporting.
  • Proven ability to influence and collaborate with stakeholders.

Responsibilities

  • Lead financial reporting and treasury management to enhance company profits.
  • Provide high-quality analysis and forecasts to support management decisions.
  • Develop financial models and budgets for new business opportunities.

Skills

Financial Reporting Management
Working Capital Management
Accounting management
Treasury
Financial reporting
Budget Process
Finance management
Monthly Accounting
Financial Accounting
Variance Analysis

Education

CA (SA)
Technical / business qualification

Tools

SAP
SYSPRO
Microsoft Office Suite
Advanced Excel

Job description

My client based in Durban is currently looking for a Finance Manager Reporting / Treasury to join them on a permanent basis

IT / Finance

Responsibilities

  • The Finance Manager has an active role in financial reporting, Treasury Management and decision-making
  • The role is highly technical and analytical and must be able to interpret and forecast financial and non-financial information to enable all financial and compliance reporting and treasury management
  • Responsible for assisting with setting up funding requirements, ensuring compliance with funding agreements and for analysing various data from company performance to determine areas for improvement
  • Supports management by providing high-quality analysis, information, forecasting and reporting to enable informed decision making that will have a direct impact on the company's financial performance (i.e., the role's primary goal is increasing profits of the company)
  • Challenge the business to make improvements, e.g. streamlining expenditure and/or cashflows, to maximise profit and improve financial performance
  • Support new business development through the preparation of financial models, budgets and forecasts and provide financial input into new funding negotiations
  • Direct responsibility of the full finance and accounting functions and supports non finance functions such as operations, marketing and sales
  • Accountable for preparing insightful reporting and analysis to support management decision making, and identify significant trends/issues, e.g. monitor performance against, budgets and forecast and covenants
  • Responsible for providing finance business partner support to divisional managers, operations, and executive management, influencing behaviours and performance through insights and understanding of key drivers, macro-assumptions and trends
  • Responsible for reporting and analysis of covenants - identifying and flagging issues to executive management, proposing corrective actions and monitoring outcomes
  • Accountable for leading and improving the budgeting, annual and monthly management reporting
  • Responsible for managing ongoing forecasting and preparation of data for finance review to ensure regulatory compliance and shareholder decision making
  • Accountable for leading and improving the reporting processes through system development, automation and analysis in order to provide real time data to enable decision making
  • Assist in modelling and scenario testing for new funding opportunities
  • Accountable for developing and improving accounting & control processes to ensure that results are reported appropriately and on a timely basis
  • Responsible for preparation of monthly business performance management and quarterly board reports, ensuring accurate and timely delivery of information
  • Gathers and understands financial and non-financial (i.e. technical) information to develop complete knowledge of the business and the environment in which it operates
  • Provides expert advice that will add value to the business
  • Identify and partner with divisional managers to develop strategic relationships which create opportunities, improve performance, and solve business problems
  • Prepare and present business plans and advise on the actions to implement these plans
  • Prepares financial statements, corporate financial and integrated reports (e.g. board packs) for stakeholders using appropriate technology
  • Leads effective decision making through analysing, evaluating and communicating performance and position of the business
  • Prepares financial statements for the Group using appropriate technologies.
  • Monitors, critically evaluates, and advises on the relevant accounting standards, regulations, conceptual and financial reporting frameworks
  • Links developments in industry and the economic environment to required improvements in the financial and risk management of an organisation
  • Communicates and advises on the impact on financial decision making on current developments in financial reporting, regulation, governance and ethics
  • Evaluates organisational structures and governance to protect the long-term interests of stakeholders
  • Recommends appropriate strategies to ensure adherence to governance structures and application of best practice internal controls
  • Identifies and manages risk appropriately. Monitors and applies relevant legislation, policies and procedures
  • Consults on the design and use of current and emerging technology and information systems to improve strategic decision-making and organisational performance
  • Applies business acumen and commercial awareness to deliver business objectives
  • Evaluates, justifies and implements suitable strategic options
  • Adopts and applies innovative methods to implement strategy and manages change

Experience

  • CA (SA)
  • Technical / business qualification
  • 8+ years post-graduation experience with demonstrated experience in an industry relevant senior role
  • Experience in all aspects of finance function (with particular focus on Treasury management and reporting), commercial models/mechanisms, systems development and data analysis
  • In the South African petroleum industry
  • Good knowledge of fuel oil/petrochemical supply and trading and oil industry economics
  • Exposure to any large reporting system e.g. SAP or SYSPRO, Microsoft Office Suite, Advanced excel, Data query logic and systems development, weighbridge and procurement applications

Competencies

  • The incumbent should have a pro-active and collaborative approach, along with excellent communication and interpersonal skills to be able to liaise with and influence colleagues and external stakeholders at all levels
  • Strong analytical, numeracy and modelling skills are essential, along with a highly developed cash management / Treasury awareness
  • Must be able to drive system development and automation to improve accessibility to reporting models
  • Individual must be able to work under pressure and to deadlines
  • Must display strong leadership skills, and an ability to effectively work within and influence a multidisciplinary team
  • Think strategically, be open to new ideas, manage innovation, challenge assumptions
  • Must have excellent financial, financial management and legal / commercial / finance
  • understanding of funding agreements

If you are ready for the next exciting step in your career, and would like to apply, please send us your updated CV to [Email Address Removed] for review

Desired Skills:

  • Financial Reporting Management
  • Working Capital Management
  • Accounting management
  • Treasury
  • Financial reporting
  • Budget Process
  • Finance management
  • Monthly Accounting
  • Financial Accounting
  • Variance Analysis
Get your free, confidential resume review.
or drag and drop a PDF, DOC, DOCX, ODT, or PAGES file up to 5MB.