Head of Finance

ZEISS Group; Randburg; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

A leading company in the medical technology sector seeks a Senior Finance Manager to oversee financial planning, reporting, and compliance. The role involves optimizing financial processes, leading teams, and ensuring adherence to industry standards. Candidates should have a CA(SA) and considerable experience in senior finance roles. This position offers an opportunity to contribute to the company's strategic goals while leading a skilled team.

Qualifications

• Minimum 5 years in a senior finance role, preferably in medical technology.
• Proficient in IFRS, tax regulations, and internal controls.

Responsibilities

• Lead financial planning, budgeting, and forecasting processes.
• Optimize cash flow management and develop treasury strategies.
• Enhance financial systems and ensure compliance with regulations.

Skills

Strategic Thinking

Financial Acumen

Leadership

Problem-Solving

Negotiation skills

Education

CA(SA)

MBA

Job description

Primary duties and responsibilities shall include, but not limited to:

Financial Planning Cycle:
• Lead financial planning, budgeting, forecasting, and analysis processes to support our expansion into new markets and service offerings.
• Identify opportunities for cost optimization, and risk management to drive sustainable growth.

Financial Reporting and Compliance:
• Oversee the preparation and analysis of financial reports to provide insights into our financial performance and inform strategic decision-making.
• Ensure compliance with regulatory requirements and accounting standards relevant to industry.
• Manage relationships with external auditors and regulatory authorities to uphold our commitment to transparency and integrity.
• Review VAT and income tax calculations to ensure compliance with taxation legislation
• Attend quarterly Board calls and monthly Segment Business Unit financial review calls

Treasury and Cash Management:
• Optimize cash flow management and liquidity positions to support our operational needs and strategic investments in talent acquisition and technology.
• Develop and implement treasury strategies to mitigate financial risks and maximize returns on investments in a rapidly evolving market.

Financial Systems and Processes:
• Enhance financial systems and processes to support our growing business needs, streamline operations, and improve efficiency.
• Implement best practices in financial controls, governance, and internal audit to maintain the integrity of our financial operations.
• SAP ERP System Owner
• Review Tenders
• Review Contracts and liaise with legal consultants

Cross-Functional Business Partnering
• Develop effective working relationships with leaders of every function and support them with data, analysis and insight as needed
• Become a trusted adviser and thought leader to the senior leadership team
• Build a strong understanding of the intricacies of each function

Logistics and Warehouse Management
• Develop and implement logistics and warehouse management strategies to optimize the transportation, storage, and distribution of goods.
• Oversee the management of logistics operations, including transportation, shipping, and receiving.
• Oversee the management of warehouse operations, including inventory control, order fulfillment, and distribution.
• Ensure compliance with logistics and warehouse regulations and standards.
• Manage relationships with logistics providers, carriers, suppliers, and warehouse staff to ensure timely and cost-effective delivery of goods.
• Monitor and analyze logistics and warehouse performance metrics to identify areas for improvement.
• Develop and manage logistics and warehouse budgets, ensuring cost-effective operations.
• Implement and maintain logistics and warehouse management systems and processes to improve efficiency and effectiveness.

Legal and Compliance:
• Develop and implement legal and compliance strategies to ensure the organization adheres to all relevant laws and regulations.
• Oversee the management of legal matters, including contracts, litigation, and regulatory compliance.
• Ensure compliance with industry-specific regulations and standards.
• Manage relationships with external legal counsel and regulatory authorities to uphold the organization's commitment to transparency and integrity.
• Review and negotiate contracts, ensuring legal and regulatory compliance.
• Provide legal guidance and support to departments on compliance-related matters.
• Stay updated on changes in legislation and ensure the organization adapts accordingly

Facility Management
• Develop and implement facility management strategies to ensure the efficient operation and maintenance of the organization's physical infrastructure.
• Oversee the management of all facilities, including office spaces, warehouses, and other properties.
• Maintain and negotiate property lease contracts (3 years).
• Plan repairs and maintenance activities.
• Manage environmental reporting regarding facilities, including electricity consumption and water usage.
• Develop and manage the Capex budget for facilities.
• Ensure compliance with health, safety, and environmental regulations.
• Maintain health and safety standards at the facility.
• Manage relationships with vendors, contractors, and service providers to ensure high-quality service delivery.
• Plan and oversee facility renovations, upgrades, and expansions as needed.
• Implement and maintain facility management systems and processes to improve efficiency and effectiveness.

Leadership and Team Development

• Provide strong leadership and mentorship to the finance and logistics team, fostering a culture of collaboration, innovation, and continuous improvement.
• As a member of the Senior Management Team, interaction with all Managers in the organisation to ensure optimization of processes to increase productivity and efficiencies in order to enable growth
• Develop and empower finance and accounting professionals to excel in their roles and contribute to the success of our organization's growth journey.
• Acting as ZEISS ambassador
• Adhering to the ZEISS leadership principles and Code of Conduct at all times

Others
• Advising and compiling contracts regarding equipment requirements with specific focus on statutory and regulatory requirements
• Advising and actively engaging in projects, i.e. Africa expansion

Education requirements / Experience / Job Specifications:

1. Education / |Professional Certification

• CA(SA), MBA added advantage

2. Experience
• A minimum of 5 years in a senior finance role, preferably within the medical technology sector.
• Experience working with multinational companies.
• Proficient in risk mitigation management.
• Strong knowledge of IFRS, tax regulations, and internal control systems.

3. Knowledge / Skills / Other characteristics
• Strategic Thinking: Ability to develop and implement long-term financial, facility, logistics, and warehouse management strategies.
• Financial Acumen: Strong understanding of financial principles, practices, and regulations
• Leadership: Ability to lead and develop high-performing teams.

• Excellent written and verbal communication skills.
• Accuracy and attention to detail.
• Problem-Solving: Strong analytical and problem-solving skills
• Attention to Detail: High level of accuracy and attention to detail in financial, facility, logistics, and warehouse management tasks.
• Positive attitude and team player.
• Ability to work independently without any supervision.
• Proficient in multitasking and prioritizing tasks.
• Risk management
• Flexibility and Adaptability
• Project management
• Negotiation skills
• Ethical conduct
• Change Management
• Tax Knowledge
• Technology Proficiency

4. Working conditions & Other Attributes.
List working conditions, health parameters, any other (legally) required information
Office Full time

Your ZEISS Recruiting Team:

Joe Taroni, Maite Nomthandaso Nakana, Thema Masoga