Job Description

TWK Agri has the following vacancy available: Financial Director within the Timber Division at Nelspruit, Mpumalanga.Job Summary:We are seeking a skilled and experienced Financial Director to oversee all financial aspects related to our Timber operations. The successful candidate will be responsible for managing financial planning, budgeting, forecasting and reporting for our Timber division. This is a critical role that requires strong analytical skills, attention to detail and excellent communication abilities.Responsibilities and Duties: * Leadership

• Effective leadership and mentoring involves creating an environment where team members feel valued, supported and motivated to achieve their best, with leaders actively engaging in their teams development, providing constructive feedback and serving as role model to foster a culture of continuous improvement and growth
• Strategic Planning

• Analyse opportunities and acquisitions from a financial perspective together with the Group Finance team
• Give relevant inputs to EXCO and Senior Management for sound decision making
• Take full control and responsibility of financial analyses, impact on results, financial systems and controls
• Information Technology

• Ensure the maintenance of an effective IT environment for the division to facilitate accurate and timely provision of information
• Financial Planning and Budgeting

• Assist with the development and overseeing of financial plans and budgets for the Timber division
• Collaborate with key stakeholders to establish financial targets and performance metrics aligned with organisational goals
• Prepare annual budgets and projections together with quarterly forecasts for the Timber division
• Monitor and analyse financial performance against budget and provide recommendations for improvement
• Ensure compliance with all financial regulations and reporting requirements related to the Timber division
• Prepare financial reports and presentations for senior management
• Mentor and develop admin personnel within the Timber division
• Cost Analysis and Control

• Conduct cost analysis to identify key cost drivers and optimise operational expenses across the division
• Implement cost control measures to improve efficiency and profitability while maintaining quality standards
• Operating cost, capital expenditure and working capital

• Oversee inventory tracking and management systems to ensure accurate inventory levels and valuation within the Timber division
• Maintain an effective fixed asset register process together with Group Finance to ensure the safeguarding of all company assets
• Implement inventory control procedures to minimise stockouts and inventory carrying costs
• Ensure correct costing of inventory
• Improve cash flow management by better utilisation of working capital
• Manage debtor aging together with financing department
• Ensure efficient capital expenditure
• Financial Analysis and Reporting

• Prepare monthly financial statements, reports and analysis to provide insights into the various businesses financial performance and trends
• Improve the integrity and quality of the reports on a continuous basis
• Compliance and Risk Management

• Identify and mitigate financial risks associated with the various businesses through effective risk management practices
• Maintain an effective risk and internal control environment to ensure unqualified reports with minimal reporting items
• Review balance sheet reconciliations and income statements to identify and pro-actively manage financial risks and trends
• Maintain an effective and aligned general ledger structure together with Group Finance in the division and various subsidiaries
• Maintain relevant processes, policies and procedures
• Ensure contract management within the division is in line with Group guidelines
• Adequate insurance of all divisional assets together with Group Insurance
• Stakeholder Engagement

• Collaborate with internal departments to streamline financial processes and optimise value chain integration

Qualifications and Skills:

• Bachelors degree in Finance or Accounting
• Advanced degree or professional certification (e.g. CA(SA), CIMA, SAIPA)
• Masters degree (advantageous)
• 7 10 years of proven experience in financial management, preferably in the Agri industry
• 3 5 years experience in a leadership role
• Previous experience in financial reporting, operating cost, working capital and capital expenditure management
• Advanced financial management, tax and related legislation knowledge
• Strong verbal and written communication skills
• Bilingual (Afrikaans and English)

*The company can expire jobs at any time at their own discretion.

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