Group Financial Manager

Swellendam, Western Cape, South Africa

Job Description


Job Summary Minimum qualification and experience:

  • CA (SA)
  • Postgraduate Qualification will be advantageous
  • Registration with relevant professional body recommended
  • Advanced knowledge of IFRS and GAAP
  • 7+ year's experience in financial management (post articles) including at least 4 years in a senior leadership role
  • Experience within a manufacturing environment is essential
  • Experience with hedge accounting recommended
  • Proven strategic leadership - experience in leading a finance team, overseeing budgeting, forecasting and reporting
  • Corporate governance and risk management - solid understanding and practical experience in ensuring compliance with legal regulations, risk management and corporate governance frameworks
  • Stakeholder engagement - experience engaging with senior stakeholders such as the Board of Directors, auditors and external partners.
Role and responsibilities:
  • Formulation, implementation and monitoring of internal controls and accounting processes to safeguard company assets.
  • Creating workable information and reporting structure for management and employees and provide relevant information to enable them to make informed management decisions.
  • Providing sufficient and effective support to all areas of the Company through system design and formulation.
  • Ensuring that all Company policies and procedures are up to date, effective and appropriate for complete business support.
  • Financial planning and on-going advice for the Managing Director and Senior Management.
  • Formulating financial targets and annual budgets in accordance with the strategy determined by the Managing Director and Board of Directors.
  • Overall control of all financial transactions and accountancy matters, including audit systems.
  • Oversee preparation of Annual Financial Statements and facilitation of External Audit.
  • Oversee BBBEE audit and implement improvements to Company BBBEE rating based on a minimum target set.
  • Monitoring of compliance against Company policies regarding capital requirements, hedging, debt, taxation, equity and acquisitions, etc.
  • Responsible for ensuring that the regulatory requirements of all statutory bodies are met regarding all the Companys financial affairs.
  • Responsible for overall cash management, both operational and hedging related, on an ongoing basis.
  • Review of monthly management and quarterly directors financial reporting packs.
  • Responsible for stock control and the implementation of procedures and control systems
  • Financial and administrative visionary - i.e. identifying, researching and implementing measures to increase company profitability.
  • Play an active role in the accurate calculation and management of operational and other costs and any losses incurred.
  • Financial evaluation of any potential acquisition and / or internal expansion opportunities and facilitate effective integrations into the Group of Companies.
  • Final approval of customer credit applications.
  • Facilitate strategic discussions, with all stakeholders, around hedging strategies.
  • Regular review of hedging strategy in line with mandated levels.
  • Engage with customers and suppliers to ensure efficient and accurate transactional flow achieved and credit limits adhered to.
  • Negotiations with key finance business partners such as banks and insurance service providers.
  • Facilitate and provide input in Company risk review presented to Audit Committee.
  • Shareholder interactions including facilitation of share purchase / sale transactions.
  • In relation to group Pension Fund, provide support to staff and participate Fund related activities.
Health and Safety
  • Participate in safety forums and attend relevant training/programmes.
  • Report all safety incidents to the relevant people.
  • Comply with safety policies and procedures.
  • Wear protective clothing (where applicable) at all times.
Employee management and development
  • Ensure overall compliance to relevant procedures and policies.
  • Ensure that all team members have clearly defined job profiles.
  • Regular goal reviews are completed to assess achievement of results.
  • Support, coaching and mentoring is continuously provided to ensure that objectives are met.
  • Appropriate allocation of resources to meet operational demands.
  • Ensure adequate succession planning in order to meet ongoing and anticipated business requirements.
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Job Detail

  • Job Id
    JD1358029
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Swellendam, Western Cape, South Africa
  • Education
    Not mentioned