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Finance Manager

Recru-it

South Africa

On-site

ZAR 600,000 - 900,000

Full time

6 days ago
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Job summary

A leading company is seeking a Financial Manager to guide and manage its financial operations. Candidates should possess a bachelor's degree in finance or accounting and professional certification (CPA, CA, or CIMA). You will lead the finance team, oversee budgeting, forecasting, and ensure compliance with financial regulations. This role requires strategic thinking, strong leadership skills, and over 7 years of experience in financial management.

Qualifications

  • At least 7-10 years of experience in financial management.
  • Expertise in budgeting, forecasting, and financial analysis.
  • Familiarity with South African financial regulations and tax laws.

Responsibilities

  • Develop and implement financial strategies aligned with organisational goals.
  • Lead the preparation of annual budgets and financial forecasts.
  • Ensure compliance with financial regulations and standards.

Skills

financial management
financial analysis
financial regulations

Education

Bachelor’s degree in Accounting, Finance, Auditing, or a related field
Professional Certification: CPA, CA or CIMA

Tools

financial software
advanced Excel functionality

Job description

To lead and manage the organisation’s financial operations, ensuring the delivery of sound financial planning, compliance, financial risk management, and strategic insights to achieve organisational objectives.
Minimum Desired Qualifications:

  • Bachelor’s degree in Accounting, Finance, Auditing or a related field.
  • Registered with a Professional Certification body: CPA, CA or CIMA


Minimum Desired Experience

  • At least 7-10 years of experience in financial management, with a proven track record of leadership.
  • Demonstrated expertise in budgeting, forecasting, and financial analysis.
  • Familiarity with South African financial regulations and tax laws.


Minimum Desired Competencies

  • Strategic thinking and financial acumen.
  • Strong leadership and team management capabilities.
  • Exceptional analytical, problem-solving and Reporting skills.
  • Proficiency in financial software and advanced Excel functionality.
  • Excellent communication and stakeholder management skills.


Reporting Structure

CEO- Finance Manager- Office Manager


List of Duties and Responsibilities:

Financial Strategy and Planning

  • Develop and implement financial strategies aligned with organisational goals.
  • Prepare long-term financial forecasts and scenario planning.
  • Monitor financial trends and provide strategic insights to leadership.
  • Manage the organisations overall financial risk appetite.


Budgeting and Forecasting

  • Lead the preparation of annual budgets, periodic financial forecasts and reporting.
  • Analyse variances between actual and budgeted figures, providing explanations and corrective actions.


Financial Management

  • Oversee financial operations, including accounts payable, accounts receivable, payroll, cash flow and credit (debt exposure) management.
  • Manage working capital to optimise liquidity.
  • Manage Rebates from vendors.


Compliance and Risk Management

  • Ensure compliance with all financial regulations and standards (e.g., tax laws, financial reporting standards).
  • Identify financial risks and implement risk mitigation strategies.


Reporting

  • Oversee financial operations, including accounts payable, accounts receivable, payroll, and cash flow management.
  • Manage working capital to optimise liquidity.
  • Prepare monthly and quarterly operational performance reports for the Managing Director and other Meetings.
  • Track key metrics, such as project timelines, service quality, and resource utilisation.
  • Provide insights on operational trends and areas for improvement.


Leadership and Team Management

  • Lead and mentor the finance team, fostering a culture of accountability and excellence.
  • Coordinate with other departments to ensure financial policies and practices are effectively implemented.


Stakeholder Management:

  • Lead and mentor the finance team, fostering a culture of accountability and excellence.
  • Coordinate with other departments to ensure financial policies and practices are effectively implemented.


NOTE
The above job profile identifies the key areas of responsibility of the position and is not all - encompassing description of duties and tasks. The job profile may be subject to review from time to time. The incumbent will be required to perform similar duties and tasks in any area of financial management as may be designated by management from time to time. The incumbent will at all times be required to render the highest level of courtesy and service to the company even where such service may fall beyond the main duties or scope of this position.

Desired Skills:

  • financial management
  • financial analysis
  • financial regulations
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