The FD ensures the companys financial health while driving profitability, optimizing costs, managing risks, and supporting strategic growth initiatives. This role requires a deep understanding of finance within a manufacturing environment, including inventory management, production costs, capital investments, and regulatory compliance.
Requirements
Qualifications and Experience:
- Chartered Accountant (CA)SA
- Masters in Business Administration or Finance (advantageous).
- Experience handling multi-entity financial structures across African markets is beneficial.
- 10+ years of experience in finance in a senior leadership role.
- Experience managing large budgets, multi-site operations, and global financial processes.
- Strong ability to link financial strategies to operational and strategic goals.
- Strong interpersonal and presentation skills, with the ability to engage with stakeholders at all levels.
Financial Strategy and Leadership:
- Develop and implement financial strategies to support the companys business goals and long-term growth.
- Collaborate with executive leadership and management teams to define and execute strategic initiatives.
- Provide financial insights to drive decision-making, improve profitability, and achieve operational efficiency.
- Lead the annual budgeting process, ensuring alignment with business objectives.
- Identify opportunities to optimize financial performance and implement best-in-class financial practices.
- Oversee financial systems, protocols, controls, and strategies.
- Lead the budgeting and forecasting process, ensuring clarity, alignment, and precision.
- Monitor financial performance, conduct variance analysis, and present actionable insights to leadership.
- Analyze manufacturing cost drivers and identify opportunities for cost reduction.
- Evaluate capital investment projects, ensuring alignment with financial objectives and ROI targets.
- Ensure accurate and timely financial reporting in compliance with local and international accounting standards (e.g., IFRS, GAAP).
- Oversee all accounting functions, including accounts payable, accounts receivable, payroll, and general ledger management.
- Manage cash flow across the organization, ensuring liquidity and optimal resource allocation.
- Oversee tax and financial compliance requirements.
- Provide oversight on working capital management and capital allocation strategies.
- Identify and mitigate financial risks, including currency fluctuations, interest rate risks, and market volatility.
- Establish and maintain a robust internal control framework to safeguard company assets.
- Ensure compliance with legal and tax regulations, including the Companies Act.
- Oversee internal and external audits, addressing any findings promptly.
- Monitor and control manufacturing costs, including labour, materials, and overhead.
- Work closely with operations teams to optimize inventory levels and reduce waste.
- Analyze cost variances and implement corrective measures to improve profitability.
- Build and lead a high-performing finance team, fostering a culture of accountability and excellence.
- Provide mentorship and professional development opportunities for team members.
- Collaborate cross-functionally with operations, sales, and supply chain teams to align financial goals with operational priorities.
- Evaluate potential mergers, acquisitions, and partnerships to support business expansion.
- Lead due diligence and financial integration or separation for new acquisitions or disposals.
- Drive funding initiatives, including equity financing, debt financing, or partnerships.
- Prepare reports and presentations for investors, ensuring transparency and trust in financial performance and growth.
- Oversee the selection, implementation, and optimization of financial software and ERP systems.
- Drive digital transformation initiatives to improve financial and operational efficiency.
- Leverage data analytics tools to enhance decision-making and reporting capabilities.
- Expertise in financial planning, forecasting, and analysis.
- Strong understanding of manufacturing costing methods (e.g., standard costing, activity-based costing).
- Advanced knowledge of accounting principles and regulatory standards (e.g., IFRS, GAAP).
- Proficiency in ERP systems and financial software (e.g., SAP, Oracle, Microsoft Dynamics, Syspro, Sage, Xero).
- Expertise in financial modelling, forecasting, and data analysis
Salary and benefits, negotiable based on experience and qualifications
