Financial Manager

at  Exceed HR and Recruitment

JOB OVERVIEW

• Date Posted: Posted 14 hours ago
• Location: Somerset West, Western Cape
• Job Title: Financial Manager
• Education Level: Bachelors Degree
• Job Level: Management
• Minimum Experience: 8 - 10 Years

MINIMUM REQUIREMENTS:

• 3-year BCom Degree with post graduate CIMA qualification.
• 10 + Years’ experience in a finance leadership role
• Manufacturing and product costing experience essential

KEY COMPETENCIES AND SKILLS:

• Influencer with sound problem solving skills
• High energy, tenacity and resilience required
• Ability to reduce admin burden focusing on output
• Ability to manage multiple priorities
• Decision maker – work hand in hand with Operations Manager and Distribution Manager to control and run the plant.
• Project management skills

Operational Finance:

• Driving Governance at site
• Manage the weekly cash-up forecasting models against plan and driving continuous improvement with business unit management
• Manage and co-ordinate cost saving initiatives for business unit by optimising finance efficiencies at the unit
• Ensuring the financial compliance of the business meets the standards as outlined per standardised
• Group operating procedures and work instructions
• Driving the roll out of standardisation at business unit and managing the standard day of direct reports
• Optimise resources – Staff, IT and systems
• Working capital management:
• Debtors: managing of applicable rebates, discounts and overdues
• Creditors: Ensuring all liabilities are recorded, all compliance linked to the operational aspects of order origination, POD’s, receipting and cost recording is managed in line with SOPs and work instructions.
• Stock: manage optimal stock holdings for paper, finished goods and engineering spares holding
• Manage the business unit’s payroll costs with oversight of overtime planned and incurred.
• Driving return on capital employed (ROCE)
• Project management, Capex review, EVA modelling.

Annual Process:

• Manage site annual budget process
• Manage site annual external audit process
• Manage site BEE submission process

Reporting:

• Completion of and on-time submission of monthly management reporting pack
• Monthly forecasting using newly implemented FP&A system.
• Reporting of analysis of key drivers (waste, GP, rebates and all variable & fixed inputs)
• BOM Analysis on variable cost

People Management:

• Management of site finance team with dotted lines to functions performed centrally by Shared Services.
• Contribute to Training and skills development of Corruseal Finance Teams