Financial Manager

Feeblo; Johannesburg; On-site; ZAR 800,000 - 1,200,000; Full time

Job summary

A leading company is seeking a Financial Manager to oversee its financial health by ensuring compliance and accurate reporting. As a key role, you will lead financial planning, manage investments, and optimize business performance through advanced financial technologies. Ideal candidates will have relevant qualifications and experience in the finance sector.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field required.
• Postgraduate qualification and CA(SA) preferred.
• Strong financial reporting, compliance, and risk management skills needed.

Responsibilities

• Develop annual budgets, forecasts, and financial models.
• Oversee preparation of financial statements and ensure compliance.
• Manage cash flow, banking relationships, and investment strategies.

Skills

Financial Reporting

Taxation

Risk Management

Data Analytics & BI Tools

Leadership & Decision-Making

Communication & Presentation

Education

Bachelor’s degree in Accounting, Finance, or related field

Postgraduate qualification (e.g., CTA, Honours in Finance, PGDA)

Tools

SAP

Oracle

Microsoft Dynamics

Sage X3

QuickBooks

Job description

The Financial Manager (FM) oversees an organization’s financial health, ensuring accurate reporting, compliance, and strategic financial planning. This role involves managing budgets, cash flow, investments, and financial risks while leveraging modern financial technologies to optimize business performance.

Key Responsibilities

1. Financial Planning & Analysis (FP&A)

• Develop annual budgets, forecasts, and financial models to guide business decisions.
• Conduct variance analysis and provide insights on financial performance.
• Prepare management reports (monthly / quarterly) for executives and stakeholders.

Financial Reporting & Compliance

• Oversee the preparation of financial statements (IFRS / GRAP compliance).
• Ensure compliance with SARS (VAT, PAYE, Corporate Tax) and Companies Act regulations.
• Liaise with external auditors and manage year-end audits.

Cash Flow & Treasury Management

• Monitor working capital, liquidity, and cash flow forecasting.
• Manage banking relationships, loans, and investment strategies.
• Optimize foreign exchange (forex) risk management (if applicable).

Cost Control & Profitability Optimization

• Analyze cost structures and recommend efficiency improvements.
• Implement cost-reduction strategies without compromising operations.
• Evaluate pricing strategies and profitability per business unit.

Risk Management & Internal Controls

• Establish and enforce internal financial controls to prevent fraud.
• Assess financial risks (credit, market, operational) and develop mitigation plans.
• Ensure adherence to King IV Corporate Governance principles.

Strategic Financial Leadership

• Advise the CEO, CFO, and board on financial strategy and growth opportunities.
• Support M&A, fundraising, and capital structuring initiatives.
• Drive digital transformation in finance (ERP, automation, AI-driven analytics).

Team Leadership & Stakeholder Management

• Lead the finance team (accountants, analysts, bookkeepers).
• Collaborate with operations, sales, and IT to align financial goals.
• Present financial insights to non-financial stakeholders in an understandable way.

Required Skills & Competencies

Technical Skills

• Financial Reporting : IFRS, GRAP, Companies Act
• Taxation : Corporate Tax, VAT, PAYE, Transfer Pricing
• ERP & Financial Systems : SAP, Oracle, Microsoft Dynamics, Sage X3, QuickBooks
• Data Analytics & BI Tools : Power BI, Tableau, Advanced Excel (PivotTables, VLOOKUP)
• Forecasting & Modeling : Financial projections, scenario analysis
• Risk Management : Credit risk, forex risk, internal controls

Soft Skills

• Leadership & Decision-Making – Ability to guide financial strategy
• Communication & Presentation – Simplifying complex financial data
• Problem-Solving & Analytical Thinking – Identifying cost-saving opportunities
• Negotiation Skills – Dealing with banks, suppliers, and investors

Qualifications & Certifications

Mandatory :

• Bachelor’s degree in Accounting, Finance, or related field (BCom, BAcc).
• Postgraduate qualification (e.g., CTA, Honours in Finance, PGDA).
• Professional certification :

CA(SA) (Chartered Accountant) – Preferred

• CIMA (Chartered Institute of Management Accountants)