Group Financial Director Ca(Sa)

Frogg Recruitment Sa; Durban; On-site; ZAR 900,000 - 1,400,000; Full time

Job summary

A leading company in the Durban West Area is seeking a highly qualified Group Financial Director. The position requires extensive experience in financial management and knowledge of IFRS standards, alongside a CA(SA) qualification. The successful candidate will oversee financial operations, manage cash flow, and ensure adherence to regulations while providing key financial insights to stakeholders.

Benefits

Medical Aid Contribution

Provident Fund Contribution

Annual Bonuses

Performance Bonuses

Qualifications

• Qualified CA (SA) with over 7 years of post-qualification experience.
• Experience in financial management within a manufacturing environment.
• Strong understanding of tax and financial regulations.

Responsibilities

• Lead financial policies and procedures for the group.
• Manage financial operations ensuring compliance with regulations.
• Oversee cash flow and working capital.

Skills

Financial Management

Knowledge of Tax

Knowledge of IFRS

Education

Chartered Accountant CA(SA)

Job description

Group Financial Director

Our client in the Durban West Area is seeking a Group Financial Director with over 7 years of post-CA (SA) experience, preferably from the Manufacturing industry.

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

Key Responsibilities

1. Lead the development of effective financial policies, procedures, and guidelines for the Group.
2. Manage the company's financial operations, ensuring transactions, policies, and procedures align with organizational objectives and comply with regulations and standards.
3. Oversee cash flow management, liquidity, banking relationships, and working capital.
4. Manage finance, debtors, creditors, and cost accounting teams.
5. Prepare and monitor weekly cash flows.
6. Maintain up-to-date standard costing, product costing models, and bills of materials.
7. Stay informed on IFRS standards and accounting practices.
8. Oversee commercial contracts with suppliers, retailers, and agents to ensure they are not financially onerous.
9. Review procurement and contracts prior to settlement.
10. Study economic trends, revenue opportunities, and analyze operations to identify improvements, cost reductions, and systems enhancements.
11. Oversee the preparation and communication of financial statements and reports.
12. Ensure timely reporting to the CEO, Board of Directors, and other stakeholders.
13. Manage budget monitoring, financial and performance reports, and provide recommendations for variances.
14. Prepare management accounts for multiple Group companies and oversee consolidation.
15. Compliance: Ensure adherence to legal, regulatory, tax, and accounting standards (IFRS, PFMA, PPPFA, CIPC).

Qualifications & Requirements

• Registered CA (SA) with over 7 years of post-qualification experience.
• Extensive financial management experience within a manufacturing environment.
• Strong knowledge of tax, IFRS, and financial regulations.

Remuneration & Benefits

High-end salary plus all benefits and bonuses, including Medical Aid Contribution, Provident Fund Contribution, Annual Bonuses, and Performance Bonuses.