Job Overview
The Financial Manager will play a vital role in the decision-making processes, effectively partnering and adding increased commercial value to all aspects of the business. The person will be responsible for the full financial function of the business and the team that fulfils that role. The individual will also engage with various stakeholders pertaining to procurement, logistics and warehouse management as well as ensure the company’s HR and IT functionality. In addition, ad hoc management responsibilities will also be added from time to time.
Responsibilities and Duties
The role will encompass the following responsibilities and duties:
- Serve as a member of the executive team responsible for the strategic direction taken by the company
- Plan, direct and control the full financial function for the various associated companies
- Direct functions such as treasury, budgeting, taxation, preparation of financial reports and external audit for the associated companies
- Design, implement and periodically review effective financial controls and systems
- Manage, mentor and provide on the job training for all financial staff
- Prepare management accounts for all associated companies and report on them
- Manage cash flow, including debt collection and supplier payments
- Oversee the full procurement, logistics, warehousing and stock control functions for the company
- Perform the HR administrative function for the various associated companies
- Evaluate current cost structures and business processes and implement changes where necessary
- Negotiate with suppliers and determine appropriate terms and conditions
- Liaise with the company’s financial institutions and insurance brokers
- Nurture assigned key stakeholder relationships, including financial, property, customer, supplier, labour relations and regulatory
- Ensure all statutory obligations are complied with
- Manage the BEE verification process
- Project manage any IT solution implementation
- Set up new entities when required
- Provide advice and support to the associated companies
Qualifications and requirements
The person must have previous management experience in a similar role, preferably within the FMCG industry.
- Essential: CA(SA) Qualification
- Minimum 10 years’ experience in management accounting
- At least 5 years’ experience in a financial management role
- Minimum 5 years exposure to staff management and working with and influencing stakeholders
- Excellent understanding and knowledge of accounting principles
- Advanced computer literacy and professional presentation skills
- People management and negotiation skills
- Strong analytical skills, attention to detail and ability to multi-task
- Assertive, deliver results and able to cope with pressure
- Integrity and adhering to principles and values