Group Financial Manager Johannesburg

Gallus Recruitment Consultants; Johannesburg; On-site; ZAR 60 000 - 100 000; Full time

Job summary

An established industry player is seeking a Group Financial Manager to enhance their financial operations. This role involves managing cash flow forecasts, analyzing financial variances, and overseeing the budgeting process to ensure financial integrity across multiple sectors. The ideal candidate will possess a strong background in financial accounting, exceptional analytical skills, and the ability to communicate complex financial concepts clearly. Join a dynamic team where your expertise will contribute significantly to strategic financial decisions and operational success.

Qualifications

• Bachelor's degree in Financial Accounting or similar required.
• 3 years of articles with a medium-sized firm and commercial experience.

Responsibilities

• Perform daily, weekly, and monthly cash flow forecasts and reporting.
• Analyze variances between forecast and actual cash flow.
• Oversee the annual budgeting process and provide support to the Group CFO.

Skills

Advanced Excel skills

Financial modelling

Forecasting

Analytical skills

Communication skills

Attention to detail

Education

Bachelor's degree in Financial Accounting

3 years of articles with a medium-sized firm

2 to 3 years of commercial experience

Job description

Group Financial Manager

Our client is a leading manufacturer and supplier of abrasives and accessories to the automotive, marine, woodworking, DIY, metal, aeronautical, and composite industries.

They are currently looking for a Group Financial Manager to join their team.

Duties & Responsibilities

1. Performing and updating of cash flow forecasts on a daily, weekly, and monthly basis: ensuring accurate and timely reporting on cash flow forecast.
2. Analyzing variances between forecast and actual cash flow to mitigate potential risks.
3. Checking foreign procurement department activities daily, weekly, and monthly: reconciliation of foreign suppliers, foreign exchange variances, and supporting documentation for foreign purchases.
4. Overseeing the annual budgeting process, including rolling budgets and forecasts.
5. Providing support to the Group CFO and operational finance team as required.

Desired Experience & Qualifications

• Bachelor's degree in Financial Accounting or similar.
• 3 years of articles with a medium-sized firm.
• Minimum of 2 to 3 years of commercial experience.
• Advanced Excel skills.
• Proficiency in financial modelling, forecasting, and analysis.
• Good communication skills, with the ability to simplify complex financial concepts.
• Strategic mindset to identify opportunities and mitigate risks.
• Excellent analytical skills with the ability to interpret complex financial data.
• Attention to detail and accuracy.
• Experience with foreign creditors and foreign exchange (advantageous).
• Up-to-date knowledge of IFRS (advantageous).
• Ability to work under pressure, self-motivated, and capable of working independently and in a team environment.