Financial Director

Korakhoa Solutions; Johannesburg; On-site; ZAR 800 000 - 1 100 000; Full time

Job summary

A financial solutions firm based in Johannesburg is seeking a Financial Manager to lead the financial strategy and operations. The ideal candidate must be a Chartered Accountant with at least 8 years of finance experience, including 3 years in management. Responsibilities include financial reporting, risk management, and team leadership. Strong knowledge of ERP systems and advanced Excel skills are essential. Competitive compensation package offered.

Qualifications

• Minimum 8-10 years experience in finance, including 3 years in a senior management role.
• Proven experience in financial planning and management within an SME.
• Strong knowledge of ERP systems and advanced Excel.

Responsibilities

• Develop and implement financial strategy aligning with business objectives.
• Oversee preparation of financial reports and ensure compliance.
• Manage day-to-day finance operations and maintain internal controls.
• Identify financial risks and develop mitigation strategies.
• Provide financial insights to support decision-making.

Skills

Strategic thinker

Analytical skills

Problem-solving abilities

Leadership skills

Communication skills

Education

Chartered Accountant (CA(SA)) or equivalent

Tools

Power BI

MS Excel (Advanced)

ERP systems (e.g., Business Central, Xero, Sage, SAP)

Job description

Key Responsibilities

1. Financial Strategy and Leadership

• Develop and implement the companys financial strategy in alignment with overall business objectives.
• Advise the MD and executive team on financial planning, capital structure, and profitability.
• Participate in strategic decision-making, including business expansion, investment, and cost management initiatives.

2. Financial Management and Reporting

• Oversee preparation of monthly and annual financial reports, ensuring accuracy, compliance, and timeliness.
• Lead the budgeting and forecasting process, monitoring performance against set targets.
• Ensure compliance with accounting standards, tax regulations, and statutory requirements.

3. Operational Finance

• Supervise day-to-day finance operations, including accounts payable, receivable,, and reconciliations.
• Maintain robust internal controls to safeguard company assets and ensure accurate financial reporting.
• Streamline processes and implement financial systems to improve efficiency and transparency.

3>4. Risk and Compliance

• Identify financial risks and develop strategies to mitigate them.
• Ensure compliance with all legal, tax, and audit requirements.
• Liaise with external auditors, tax consultants, and financial institutions.

5. Business Partnering

• Provide financial insights to support operational and strategic decision-making across departments.
• Collaborate with department heads to monitor budgets and performance.
• Support business cases, pricing models, and cost-benefit analyses for new projects or initiatives.

6. Team Leadership

• Build, mentor, and lead the finance team to ensure high performance and professional development.
• Foster a culture of accountability, transparency, and continuous improvement.

Qualifications and Experience

• Chartered Accountant (CA(SA)), CIMA (Strategic level) , or equivalent professional qualification (essential).
• Minimum of 810 years experience in finance, with at least 3 years at a senior management level.
• Proven experience in financial planning, reporting, and management within an SME or similar environment.
• Strong knowledge of ERP systems (e.g., Business Central, Xero, Sage, SAP etc.), Power BI and MS Excel (Advanced).

Core Competencies

• Strategic thinker with strong commercial acumen.
• Excellent analytical, problem-solving, and decision-making abilities.
• High integrity and sound judgment.
• Strong leadership and interpersonal skills.
• Ability to communicate complex financial concepts clearly to non-financial stakeholders.
• Hands-on, proactive, and adaptable to a fast-paced SME environment.
• Accuracy and timeliness of financial reports and forecasts.
• Achievement of budget and profitability targets.
• Effective cash flow and working capital management.
• Successful completion of annual audits and compliance reviews.
• Efficiency improvements in finance processes and systems.
• Employee engagement and performance within the finance team.