Financial Manager

Profile Personnel; East London; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading automotive company in Gqeberha is looking for a Financial Manager to oversee financial reporting, budgeting, and compliance with South African regulations. The ideal candidate will have a BCom degree, qualified CA(SA) registration, and 5-10 years of relevant experience. You will be responsible for managing cash flow, preparing financial reports, and ensuring compliance with statutory requirements, making this a critical role within the organization.

Qualifications

• 5-10 years of relevant experience in finance or accounting.
• Experience in automotive or production environments preferred.
• Ability to interpret and analyze financial data effectively.

Responsibilities

• Produce financial reports for team and Board of Directors.
• Develop annual budgets in collaboration with management.
• Ensure compliance with financial regulations and conduct audits.

Skills

Financial analysis

Communication

Attention to detail

Time management

People management

Computer literacy

Education

NQF 4 qualification

BCom Degree in Finance/Accounting

Qualified CA(SA) registration

Tools

Microsoft Office

ERP systems

Job description

Financial Manager required for an automotive company based in Gqeberha

Job Requirements:

• NQF 4 qualification + BCom Degree in Finance/Accounting or equivalent
• Qualified CA(SA) registration
• 5 –10 years relevant experience
• Automotive / Production experience will be an advantage
• Experience in the preparation and finalisation of accounts in accordance with current South African regulations
• Knowledge of strategic and financial planning including activity costing, benchmarking and KPIs
• Experience in budget preparation and reporting
• Experience in goods and services procurement processes
• Highly numerate and able to analyse statistical information and interpret financial data to produce reports which can be understood by non-financial colleagues
• Excellent communication skills, both verbal and written
• Ability to work at both a detailed and strategic level – e.g. making payments and producing annual financial delivery plans etc.
• Sense of urgency and hands on approach
• Attention to detail coupled with high level of accuracy
• Excellent time management, people management, organizational and planning skills
• Computer literate; fully conversant with the current uses of information technology in the workplace and uses IT as a management tool
• Good understanding of accounting and ERP systems and efficient in all Microsoft Office programmes

Essential Duties / Responsibilities:

• Produce required financial reports for members of the team and Board of Directors
• Produce annual financial reports and statements to agreed time scales to comply with the requirements of the company RSA and the South African legal framework
• Produce detailed cash flow forecasts to form the basis for the working capital request
• Develop annual budgets in collaboration with the General Manager, Plant Manager and functional Department Heads
• Lead on tax planning, including VAT related matters
• Meticulous cash flow management – setting and monitoring collection targets aligned to the strategy of the company and managing timing of creditor payments
• Negotiating and arranging forward exchange contracts with the bank and ensuring timeous payment are effected
• Maintain current standing with all mandated local tax and benefits registrations and requirements, including submissions of payments and reports
• Ensure compliance with all statutory requirements relating to financial control, financial management and accounting
• Ensure appropriate external audit arrangements are in place and manage the audit process
• Ensure that all balance sheet reconciliations are produced on an accurate and timely basis to include bank reconciliations, debtors, creditors and inter-company accounts
• Ensure implementation and adherence to finance policies, procedures and systems across all teams
• Responsible for Ad hoc projects – BBBEE, AIS

Only shortlisted candidates will be contacted. Should you not receive a response within 14 days please consider your application unsuccessful. We will keep your CV on our database for any other relevant roles that may arise.