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Durban: Group Financial Manager posted by Tower Group

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Job Description

About the Role

Our client, a leader in the automotive manufacturing industry, is seeking a highly experienced Group Financial Manager to join their team based in Durban. The successful candidate will be responsible for providing strategic financial leadership and oversight to the organization, ensuring compliance with regulatory requirements and delivering high-quality financial management services.

Key Responsibilities

  • Full financial management and control function.
  • Preparation of monthly consolidated management accounts.
  • Preparation and compilation of quarterly board packs.
  • Preparation of annual consolidated financial statements line with IFRS and the Companies Act.
  • Preparation, analysis and review of operational and financial budgets and forecasts.
  • Preparation and maintenance of capital budgets for existing operations and any new developments.
  • Preparation, review, submission and management of all tax types i.e. Income Tax (final and provisional), VAT, STT and any other applicable taxes etc.
  • Management of the external audit process and addressing technical issues.
  • Stock Management
  • Cash Flow Management
  • Management of the internal audit process and addressing internal control issues.
  • Provide technical (IFRS) insights and draft reports for new or potential corporate transactions.
  • Implement and maintain a strong control environment and drive continuous improvement.
  • Adhering to strict reporting deadlines.
  • Check, verify and release electronic bank payments.
  • Management of the Finance Team
  • Financial review and analysis of all group entities.
  • Financial modelling and valuations.
  • Work closely with Exco and Stakeholders.
  • Any other ad hoc projects and output that may be reasonably required from this role.

Requirements

  • Qualified CA (SA) or CIMA and completed articles
  • Minimum 5 years post articles working experience
  • Minimum 2 years management or supervision role
  • Working experience in Microsoft Dynamics 365
  • Excellent communication skills, both written and verbal
  • Exceptional numerical ability
  • Strong analytical, and leadership abilities
  • Strong knowledge of IFRS, tax regulations, and compliance frameworks
  • Advanced MS Excel skills
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Qualifications

  • Formal education/certifications (Bachelor’s, LLB, Matric, etc.)

Salary & Benefits

  • Salary: [Salary amount] per annum
  • Benefits: [Benefits package]

(Note: The salary and benefits information was not provided in the original job description. If you have this information, please add it to the job posting.)

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Other Manufacturing Jobs in Kwazulu-Natal

In Kwazulu-Natal, South Africa, the manufacturing sector is typically a significant employer of Other Manufacturing professionals. Generally, the demand for skilled workers in this field is consistent, driven by the need for efficient production and quality control. The industry overview suggests that job seekers can expect to find various roles across multiple sectors.

When it comes to salary expectations, it’s common to find very broad ranges, often with a disclaimer that actual figures may vary depending on factors such as experience, company size, and industry sector. For instance, a junior role in manufacturing might fall within the R800 000 – R1 200 000 per annum range (approximately USD $50,000-$75,000), while senior positions could command salaries between R2 500 000 – R5 000 000 per annum (approximately USD $150,000-$300,000). It’s essential to research specific companies and roles to get a better understanding of the market.

Common skills required for Other Manufacturing professionals in Kwazulu-Natal include attention to detail, analytical thinking, problem-solving, and communication. Many of these roles also demand proficiency in software applications such as manufacturing execution systems (MES), enterprise resource planning (ERP), or computer-aided design (CAD). Additionally, experience with quality control procedures, lean manufacturing principles, and inventory management is often advantageous.

The manufacturing sector encompasses various industries, including the technology industry, financial services sector, and automotive manufacturing. In Kwazulu-Natal, you can find job opportunities in these sectors, as well as in smaller businesses and start-ups.

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Career development for Other Manufacturing professionals typically involves progressing through various levels of responsibility, such as production supervisor or team leader roles. Experienced workers may also opt for further education or training to acquire specialized skills, like Six Sigma certification or a degree in engineering. With experience and continuous learning, individuals can move into senior leadership positions or transition into related fields, such as project management or business development.


This information provides general career guidance. Actual salaries and requirements vary by employer.



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