Operational Finance Manager

Recruitment Matters; Cape Town; On-site; ZAR 600,000 - 900,000; Full time

Job summary

A leading company in Cape Town is seeking an Operational Finance Manager to integrate financial management with operational excellence. This role involves developing budgets, monitoring financial performance, and ensuring compliance with financial regulations while driving operational improvements. Candidates should have a Bachelor's degree in Finance and 5-7 years of experience, strong leadership skills, and expertise in financial software.

Qualifications

• Minimum of 5-7 years relevant experience, including managerial roles.
• Experience in manufacturing or food processing is a plus.
• Strong expertise in financial planning and cost control.

Responsibilities

• Develop and manage annual budgets with department heads.
• Monitor financial performance against budgets and identify variances.
• Implement and monitor cost-saving initiatives across departments.

Skills

Financial planning

Budgeting

Cost control

Problem-solving

Analytical abilities

Leadership

Team management

Communication

Negotiation

Compliance knowledge

Education

Bachelor's degree in Finance, Accounting, or related field

Tools

ERP systems

Financial software

Reporting tools

Excel

Financial modeling tools

Job description

Our client is looking for an Operational Finance Manager to integrate financial management with operational excellence, ensuring efficient resource utilization and strong financial performance. The role will focus on financial planning, cost control, operational efficiency, and compliance to support the company's strategic objectives.

Responsibilities

• Develop and manage annual budgets in collaboration with department heads.
• Monitor financial performance against budgets, identify variances, and recommend corrective actions.
• Conduct financial forecasting and modeling to evaluate business initiatives.
• Implement and monitor cost-saving initiatives across departments.
• Collaborate with procurement to negotiate supplier contracts and reduce costs.
• Track capital expenditures to ensure alignment with financial goals.
• Work with operations teams to identify inefficiencies and optimize processes.
• Develop and implement strategies to enhance operational performance.
• Establish key performance indicators (KPIs) to measure financial and operational success.
• Prepare and present financial reports to senior management and stakeholders.
• Conduct variance analysis to compare actual performance against targets.
• Identify financial risks related to operational activities and develop mitigation strategies.
• Ensure compliance with internal controls, regulatory requirements, and risk management protocols.
• Collaborate with management to align financial strategies with operational goals.
• Support business case development with financial analysis and projections.
• Oversee financial resource allocation to operational projects.
• Evaluate project viability and monitor financial performance.
• Identify and implement process improvements within finance and operations.
• Ensure compliance with local and international financial regulations.
• Conduct regular financial audits and maintain compliance policies.
• Foster strong communication between finance and operational teams.
• Train and develop finance team members to enhance their skills and performance.

Key Skills

• Strong financial planning, budgeting, and cost-control expertise.
• Excellent problem-solving and analytical abilities.
• Ability to translate financial data into actionable business insights.
• Proficiency in ERP systems, financial software, and reporting tools.
• Strong leadership and team management skills.
• Ability to work cross-functionally and drive operational improvements.
• Strong communication and negotiation skills.
• Knowledge of compliance, risk management, and regulatory requirements.
• Minimum of 5-7 years of relevant experience, including managerial or supervisory roles.
• Experience in manufacturing or food processing environments is an advantage.
• Proficiency in Excel, ERP systems, and financial modeling tools.

Qualifications

• Bachelor's degree in Finance, Accounting, or a related field.