Group Financial Director Ca(Sa)

Frogg Recruitment Sa; Durban; On-site; ZAR 800 000 - 1 000 000; Full time

Job summary

A leading recruitment agency is seeking an experienced Group Financial Director in Durban, KwaZulu-Natal. The ideal candidate must be a qualified CA(SA) with over 7 years of financial management experience within the manufacturing sector. Key responsibilities include managing all financial operations, ensuring compliance with IFRS, and leading the preparation of financial forecasts and reports. The position offers a high-end salary along with medical aid, provident fund contributions, and annual performance bonuses.

Benefits

Medical Aid Contribution

Provident Fund Contribution

Annual Bonuses

Performance Bonuses

Qualifications

• 7 years plus post-qualification financial management experience in a manufacturing environment.
• Strong understanding of IFRS and financial regulatory requirements.
• Proven track record in managing financial operations and teams.

Responsibilities

• Manage the company's financial operations and ensure compliance with regulations.
• Oversee cash flow management and financial reporting.
• Prepare financial statements, budgets, and forecasts for the group.

Skills

Financial management

Costing and management accounting

Tax compliance

Financial reporting

Education

Registered CA (SA)

Job description

Group Financial Director

Our client in the Durban West Area is looking for a Group Financial Director with 7 years plus post-CA (SA) experience coming from the Manufacturing industry.

Must be a Qualified CA or Chartered Accountant CA(SA).

Lead the development of effective financial policies, procedures, and guidelines for Group.

Salary – High-end salary plus all the benefits and bonuses Min Qualifications & Requirements

Registered CA (SA) with 7 years post experience

7 years plus post-qualification financial management experience – within a manufacturing environment

Tax, financial regulatory and reporting requirements (IFRS)

Strong costing and management accounting experience Responsibilities

Manage the company's financial operations.

Ensure that financial transactions, policies, and procedures meet the organization's short and long-term business objectives and are conducted in accordance with regulations, accounting principles, and standards.

Oversee cash flow management, liquidity, and banking relationships.

Ensure effective management of working capital.

Manage and support finance, debtors, creditors, and cost accounting teams.

Prepare and monitor weekly cash flows.

Ensure standard costing and the related product costing model, bill of material are updated as necessary.

Keep up to date with IFRS standards and all accounting concepts, practices, and procedures.

Oversee commercial contracts with suppliers, retailers, agents to ensure that they are not commercially onerous.

Review procurement and contracts prior to settlement.

Develop organization prospects by studying economic trends and revenue opportunities; projecting acquisition and expansion prospects; analyzing organization operations; identifying opportunities for improvement, cost reduction, and systems enhancement; and accumulating capital to fund expansion.

Oversee the preparation and communication of monthly and annual financial statements.

Ensure the timely reporting of key financial data and updates to the CEO, Board of Directors, and other key stakeholders.

Prepare financial reports including financial statements, strategic plans, budgets, and financial forecasts up to consolidation level.

Oversee and manage the budget monitoring process including the production of monthly and quarterly financial and performance reports and provide recommendations and advice to address significant variances.

Prepare management accounts for 4 Group companies (2 manufacturing companies, property company, and holding company) and consolidation.

Compliance : Ensure legal and regulatory compliance regarding all financial functions.

This includes tax planning and compliance with tax regulations.

Implement and monitor compliance with all financial and accounting standards (IFRS and PFMA), procurement (PPPFA), CIPC, and tax requirements.

We offer

Medical Aid Contribution, Provident Fund Contribution, Annual Bonuses, Performance Bonuses