Financial Manager

Placement Point; Gauteng; On-site; ZAR 650,000 - 850,000; Full time

Job summary

A reputable company in South Africa is seeking a Financial Manager to oversee the full financial function including accounting, reporting, and cash flow management. Ideal candidates will have a Bachelor's degree in Financial Management and over 5 years of experience in financial management, particularly in manufacturing. You will lead budgeting processes and ensure compliance with regulations. This is an excellent opportunity for those seeking to optimize financial processes and drive strategic business support.

Qualifications

• 5+ years experience in a financial management role, ideally in manufacturing and stock management.
• Strong product costing experience and inventory control knowledge.
• Ability to work independently with or without direct support staff.

Responsibilities

• Oversee the full financial function, including accounting, reporting, forecasting, and cash flow management.
• Lead the annual budgeting process for both Manufacturing and Retail businesses.
• Prepare and submit the monthly management reporting pack, ensuring accuracy and timeliness.

Skills

Financial analysis

Cost optimization

Reporting

Compliance knowledge

Inventory management

Education

Bachelors degree in Financial Management

Honours in Financial Management

CIM qualification

Tools

Microsoft Excel

ERP systems

Job description

A reputable company based in the far East, is currently seeking a Financial Manager

DUTIES:

Full Financial Function & Governance

• Oversee the full financial function, including accounting, reporting, forecasting, and cash flow management
• Ensure financial governance, compliance with Group policies, and adherence to accounting standards
• Implement and maintain strong internal controls to safeguard company assets and optimize financial processes
• Manage working capital effectively across businesses, ensuring efficient stock, debtors, and creditors management
• Drive cost optimization by monitoring expenditure and identifying savings opportunities
• Review and approve all key financial transactions, ensuring accuracy and compliance

Budgeting, Forecasting & Cost Control

• Lead the annual budgeting process for both the Manufacturing and Retail businesses
• Conduct monthly forecasting and variance analysis, ensuring financial targets align with operational performance
• Develop and maintain costing models, particularly for manufacturing processes and inventory management
• Monitor and report on margins, stock movements, and cost allocations to support decision-making

Financial Reporting and Analysis

• Prepare and submit the monthly management reporting pack, ensuring accuracy and timeliness
• Conduct variance analysis, KPI tracking, and financial risk assessments for both business units
• Provide insightful financial analysis to support operational and strategic decision-making
• Oversee BOM analysis and costing for stock items
• Ensure accurate balance sheet management, including reconciliations and cash flow forecasting

Compliance, Audit & Risk Management

• Ensure statutory and regulatory compliance, including VAT submissions and tax forecasting
• Manage the annual external audit process
• Implement and oversee financial risk management practices, ensuring financial security and efficiency
• Support & Process Improvement

Strategic Business Support and Process Management

• Act as a financial business partner to the General Manager, providing data-driven insights for decision-making
• Identify opportunities for process automation and efficiency improvements in finance operations
• Optimize financial systems and ERP usage for improved reporting and decision-making
• Support capital investment evaluations and cost-benefit analyses for business growth

REQUIREMENTS:

• Bachelors degree & Honours in Financial Management, Accounting, or related field
• CIM qualification (preferred) or working towards a professional certification
• 5+ years experience in a financial management role, ideally in manufacturing and stock management
• Strong product costing experience and inventory control knowledge
• Proficiency in Microsoft Excel, ERP systems, and financial reporting tools
• Ability to work independently with or without direct support staff