Financial Manager

Abantu Staffing Solutions; Gqeberha; On-site; ZAR 600,000 - 900,000; Full time

Job summary

A leading company in the automotive sector in South Africa is seeking a Senior Financial Manager to oversee all financial operations. The ideal candidate will have significant experience in financial management within the manufacturing industry, along with strong analytical and leadership skills. This role involves strategic financial planning, compliance with regulations, and team leadership to drive the company’s financial health.

Qualifications

• Minimum of 5 years in financial management, at least 2 years in a senior role.
• Experience in the automotive or manufacturing industry is essential.
• In-depth knowledge of South African financial regulations.

Responsibilities

• Oversee all financial operations and strategic guidance.
• Lead financial planning, budgeting, and analysis.
• Manage risk and ensure compliance with financial regulations.

Skills

Cost accounting

Inventory management

Production finance

ERP systems (SAP)

Advanced MS Excel

Analytical skills

Problem-solving

Decision-making

Leadership

Communication

Education

Bachelor's Degree in Finance or Accounting

CA(SA) or CIMA qualification

Tools

SAP

Job description

REQUIREMENTS

• Bachelor's Degree in Finance, Accounting, or a related field
• CA(SA) or CIMA qualification is highly advantageous
• Minimum of 5 years of progressive experience in financial management, with at least 2 years in a senior financial role within the automotive or manufacturing industry, is essential
• Demonstrable expertise in cost accounting, inventory management, and production finance specific to the automotive or manufacturing environment
• Strong understanding of ERP systems (preferably SAP) and advanced proficiency in MS Excel
• Excellent analytical, problem-solving, and decision-making skills
• Proven leadership and team management abilities
• Exceptional communication and interpersonal skills, with the ability to influence and collaborate across all levels of the organization
• In-depth knowledge of South African financial regulations and tax laws

RESPONSIBILITIES

• Responsible for overseeing all financial operations, providing strategic financial guidance, and ensuring the fiscal health and integrity of the organization
• Financial planning and analysis: lead the annual budgeting and forecasting processes, and conduct in-depth financial analysis to identify trends, variances, and opportunities for cost optimization and revenue growth
• Reporting and compliance: prepare accurate and timely financial statements, management reports, and statutory filings (IFRS/ GAAP compliant), and ensure adherence to all relevant financial regulations and internal policies
• Cash flow management: optimize working capital, manage cash flow, and develop strategies to improve liquidity and profitability
• Cost control and efficiency: implement robust cost accounting systems and methodologies, and drive initiatives to enhance operational efficiency and reduce expenditures across the business
• Strategic support: partner with senior management to provide financial insights and recommendations that support strategic decision-making, business development, and investment appraisals
• Risk management: identify and mitigate financial risks, ensuring strong internal controls are in place and adhered to
• Team leadership: lead, mentor, and develop a high-performing finance team
• Cross-functional collaboration: collaborate closely with departments such as operations and SCM, to ensure financial strategies align with overall business objectives and support effective decision-making
• Stakeholder management: liaise effectively with auditors, banks, tax authorities, and other external stakeholders