Group Financial Manager: Timber

TWK Agri; Mbombela (Nelspruit); On-site; ZAR 1,300,000 - 1,900,000; Full time

Job summary

TWK Agri is seeking a Group Financial Manager for its Timber division in Nelspruit. This role orchestrates consolidated financial management, budgeting, forecasting and reporting across the Timber businesses, driving liquidity, cost control and capital planning.

You will partner with Finance Executives, guide ERP implementations and ensure robust financial controls and IFRS compliance to support strategic decision-making across the division.

Qualifications

• Bachelor’s degree in Finance or Accounting.
• CA(SA) designation.
• Master’s degree (advantageous).
• 3-5 years’ proven financial management experience in related sectors.
• 3-5 years’ leadership or team-coordination experience.
• Experience in financial reporting, cash flow management and forecasting.

Responsibilities

• Prepare and consolidate cash flow forecasts for Timber division.
• Monitor cash flows vs forecast and explain variances.
• Support working capital management across inventory, debtors and creditors.
• Coordinate budgeting, forecasting and capital expenditure reviews.
• Provide technical accounting support and IFRS compliance guidance.
• Improve financial reporting processes and data integrity.
• Assist with consolidation and review of divisional plans and budgets.

Skills

CA(SA)

Bachelor’s degree in Finance or Ag

Master’s degree

3-5 years’ of financial management

3-5 years’ leadership/coordination

IFRS & tax knowledge

ERP & BI experience

strong communication

Afrikaans & English bilingual

Education

Bachelor’s degree in Finance or Accounting

CA(SA)

Master’s degree

Tools

ERP

Business intelligence tools

Advanced Excel & financial modelling

Job description

TWK Agri has the following vacancy available: Group Financial Manager within the Timber division at Nelspruit, Mpumalanga.

Job Summary

This role involves providing consolidated financial management, analysis and operational support to the Finance Executive: Timber across the Timber division and its underlying businesses. Responsibilities include coordinating budgeting and forecasting, managing cash flow, preparing management reports, controlling costs and working capital, providing technical accounting support, ensuring compliance, and continuously improving financial systems and controls. The role requires strong analytical and technical capabilities, with the ability to translate financial information into practical recommendations to support management decision-making.

Responsibilities and Duties

• Prepare, maintain and consolidate short-, medium- and long-term cash flow forecasts for the Timber division and its underlying businesses, aligned with operational plans, budgets, known commitments and measurable cost and volume drivers
• Monitor actual cash flows against forecast, investigate material variances and provide timely explanations and corrective recommendations to the Finance Executive: Timber
• Assess the reliability and accuracy of the assumptions, cost drivers and operational inputs used in cash flow forecasts, and refine the forecast methodology where variances or trends indicate that adjustments are required
• Support cash flow improvement through disciplined working capital management, including focused monitoring of inventory, debtors and creditors
• Monitor debtor ageing with the finance department, elevate collection risks and support agreed recovery actions
• Support the Finance Executive: Timber with liquidity planning, funding requirements and the prioritisation of payments and capital commitments
• Support ERP implementation, financial data clean-up, system testing and the improvement of finance processes and reporting functionality
• Maintain sound working knowledge of the division’s financial systems and assist users in applying consistent controls, data standards and reporting processes
• Support the Finance Executive: Timber with the consolidation, review and monitoring of financial plans and budgets for the Timber division
• Ensure that key cost, volume and budget drivers are clearly defined, measurable and reported monthly for the consolidated Timber division. Investigate significant deviations and coordinate corrective actions with the relevant Timber Financial Managers
• Coordinate the financial evaluation and monitoring of capital expenditure across the Timber division, including business-case review, affordability and cash flow assessment, approval compliance, post-investment review and escalation of material cost or timing variances to the Finance Executive: Timber
• Coordinate and consolidate forecasts for review and approval by the Finance Executive: Timber
• Monitor and analyses financial performance against budget and forecast, highlighting variances, risks and recommended actions
• Support the finance teams across the Timber division and promote consistent financial processes, controls, assumptions and reporting practices across the underlying businesses
• Monitor inventory controls and working capital indicators, and recommend actions to reduce stockouts, excess stock, obsolescence and unnecessary carrying costs
• Support the Timber finance teams with the implementation and monitoring of cost-control measures that improve efficiency and profitability while maintaining operational and quality requirements
• Ensure consistent and accurate inventory costing across the relevant Timber businesses, including the appropriate allocation of direct costs and production overheads
• Ensure the consistent and accurate costing of inventory across the relevant Timber businesses
• Review the consolidated monthly financial statements, management reports and supporting analyses for the Timber division, and provide clear insight into financial performance, trends, risks and opportunities
• Provide support on technical accounting and IFRS requirements, and promote consistent accounting treatment across the Timber finance teams in accordance with IFRS and Group Finance policies and guidance
• Coordinate the identification, monitoring and escalation of material financial, control, tax and compliance risks across the Timber division. Support the implementation of agreed remedial actions and provide the Finance Executive: Timber with consolidated visibility of significant exposures, overdue actions and recurring control weaknesses
• Continuously improve the integrity, accuracy, relevance and timeliness of financial reporting, and elevate significant matters to the Finance Executive: Timber
• Support the Finance Executive: Timber and Group Insurance in maintaining adequate insurance cover for divisional assets and ensuring that relevant asset information is complete and current
• Work closely with the Finance Executive: Timber, Timber Financial Managers, Group Finance and other internal departments to streamline financial processes, improve information flow and support consistent reporting requirements
• Provide additional financial reporting, analysis and related support as reasonably required by the Finance Executive: Timber or senior management
• Coordinate and support the Timber Financial Managers to achieve consistent divisional deadlines, reporting standards and control requirements, without replacing their accountability for the financial management of their respective businesses
• Promote knowledge sharing, technical development and standardisation across the Timber finance teams, and identify opportunities to simplify or automate recurring finance processes

Qualifications and Skills

• Bachelor’s degree in Finance or Accounting
• CA(SA)
• Master’s degree (advantageous)
• 3-5 years’ of proven financial management experience, preferably within the agriculture, forestry, timber or manufacturing sectors
• 3-5 years’ of leadership or team-coordination experience
• Previous experience in financial reporting, cash flow management and forecasting, budgeting, working capital, inventory, cost control and capital expenditure management
• Advanced knowledge of financial management, IFRS, tax and relevant legislation
• Strong verbal and written communication skills
• Bilingual (Afrikaans and English)
• Advanced Excel and financial modelling skills; experience with ERP and business intelligence reporting tools
• Strong consolidation, analytical, problem-solving and review skills
• Ability to influence and coordinate across multiple businesses and finance teams in a supportive, non-duplicative role
• Ability to manage competing deadlines and deliver accurate information in a time-sensitive environment
• Sound understanding of forestry, timber, and manufacturing (advantageous)

Take the next step in your career with TWK Agri, a trusted leader in agriculture and beyond.

TWK Agri supports the principles of Employment Equity and reserves the right to prioritise candidates in line with our Employment Equity targets.