FINANCIAL MANAGER

Elev8; Benoni; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

Elev8 in Johannesburg, Gauteng, is recruiting a Financial Manager to lead the finance function across a global manufacturing engineering group. You will oversee budgeting (~R500m–R550m), reporting to the Group finance team, and drive strategic financial oversight in a high‑stakes manufacturing environment.

The ideal candidate has a CA(SA) or equivalent, 5+ years in senior financial management, strong SAP knowledge, and the ability to coordinate with external auditors and regulatory bodies.

Qualifications

• CA(SA) or BCom (Hons) in Accounting/Financial Management with CIMA qualification
• Minimum 5 years' financial management/accounting experience in manufacturing
• 5+ years in a senior management role leading a finance team
• Excellent understanding of SAP and manufacturing business processes
• Computer literacy with strong Microsoft packages
• Excellent communication at all levels; willingness to work extra hours when needed
• Experience in engineering/manufacturing environments and in financial resource planning

Responsibilities

• Oversee all finance and related functions for operational and strategic wellbeing
• Budget oversight with responsibility for the company budget (~R500m–R550m)
• Prepare monthly management accounts and reports to Group finance
• Post monthly accruals/prepayments and reconcile balance sheets
• Lead annual budgeting and forecasting activities and manage cashflow
• Coordinate external audits and liaise with SARS, pensions, and statutory bodies
• Ensure ERP system alignment with Group requirements and stock/asset controls

Skills

Financial management

Strategic planning

Communication skills

Problem solving

Working under pressure

Resource planning

Education

CA(SA)

BCom (Hons) in Accounting

CIMA

Tools

SAP

ERP

Microsoft Office

Job description

FINANCIAL MANAGER – Johannesburg, Gauteng

Highly competitive package on offer!

A global manufacturing engineering group is seeking an experienced, commercially astute Financial Manager to lead its finance function, drive financial performance and provide strategic financial oversight across a diverse group structure.

Main Purpose of the Role

The main purpose of the role will be to oversee all finance and related functions of the company to ensure the financial wellbeing both from an operational and strategic perspective. Budget Responsibility: ± R500m to R550m

Qualification, Skills and Experience Required

• Professionally qualifiedCA(SA), or BCom (Hons) in Accounting / Financial Management and CIMA (Chartered Institute of Management Accountants)
• Minimum of 5 years demonstratable financial management/accounting work experience in a manufacturing environment
• 5 years of experience in a Senior Management role leading a finance team
• Excellent understanding of SAP and all business processes in a Manufacturing environment
• Computer Literacy, with sound knowledge of Microsoft packages
• Excellent communication skills at all levels of the organization
• Must be willing to work additional hours from time-to-time to meet expectations
• Experience in an engineering or manufacturing environment
• Very effective in resource planning in a Financial Department

Key Responsibilities

As the Financial Manager you will be part of the Senior Management Team and the following will be your main roles and responsibilities:

• Manage the Financial Department operationally and strategically to achieve all company objectives.
• Manage the Financial Department employees and other resources to achieve targets.
• Prepare monthly management accounts and all relevant reports and report it in a timely manner, monthly to the Group finance team.
• Prepare and post monthly accruals, prepayments and similar accounting entries.
• Complete, review and sign off balance sheet reconciliations at month end and collaborate with the wider teams on projects.
• Leading the analysis of monthly and quarterly numbers and presenting findings to the Managing Director, the Senior Management Team and to Group.
• Cashflow planning and reporting. Ensure regular updates are sent to group as requested.
• Cash management work towards achieving targets by driving accounts receivable and managing accounts payable/working capital.
• Take lead on annual budgeting and do weekly, monthly, quarterly and annual forecasting and report accordingly.
• Managing the annual external audit while acting as the first point of contact for external auditors.
• Take full responsibility for asset management within the company.
• Perform regular WIP and stock counts together with Operations and ensure that Stock valuation values are correct on the ERP system and monitored.
• Project accounting - Ensure you analyse and control the ERP costing accounting system.
• Ensure that best accounting practises are implemented and that the necessary controlling is adhered.
• Ensure that all statutory requirements are complied with and with all the applicable authorities.
• Ensure that all amounts are paid across and reconciled to statutory bodies in a timely manner for e.g. SARS, Pensions etc!
• Be part of the Senior Management Team and contribute to all operational and strategic objectives in line with local and Group requirements.
• Ensure that the requirements of the ERP system is maintained in line with Group requirements
• Adhere to all company policies and procedures at all times.
• Execute any other reasonable instruction received from the Managing Director

Competencies required:

Behavioural:

• Self-motivated with good interpersonal and communication skills.
• Service driven, innovative and reliable.
• Self-starter and good problem solving skills.
• Able to work under pressure.
• Decisive can-do attitude seeing nothing as impossible leading to immediate action.