Job Description
Overview:
Our commercial client, as looking for a Finance Manager to oversee a division of their business. This role includes preparing and reviewing the monthly process with the finance team, and reporting directly to Senior Management / Executive Team. It supports both the finance team and the GM of the market, and reports directly to the Financial Executive.
Minimum Requirements:
- Grade 12 / Matric
- BCom Degree in Financial Accounting
- Completed articles (advantageous)
- 5+ years experience in a commercial environment (essential)
- Experience with staff management
- Experience reporting into Senior Management
- Advanced Excel
- Able to travel (minimum of 1 week every quarter; more if required)
Responsibilities:
Financial Reporting and Analysis
- Review of Final tax calculation and submission
- To present and discuss all Corporate taxes with CFO
- Financial statements preparation – review
- Support finance teams with audit queries and completions
Financial Planning and Budgeting
- Review of Operational plan, budget, and 5-year plan to be prepared/maintained
- Review the monthly cashflow forecast
- Review the weekly/daily cashflow needs
Project Management and Support
- Supports and runs projects with the Finance Executive
- Perform internal audit on markets, ensuring processes are followed, and internal controls are sound
Problem Solving and Analysis:
- Financial Performance Issues: Analysing and addressing underperformance, cost overruns, and revenue shortfalls.
- Cash Flow Management: Ensuring sufficient liquidity, optimizing cash flow, and mitigating risks.
- Operational Efficiency: Improving financial processes, reducing costs, and enhancing productivity
- Compliance and Regulatory Adherence: Staying updated on financial regulations and ensuring compliance across all businesses.
- Strategic Financial Planning: Developing financial strategies aligned with business objectives, conducting financial modelling, and making data-driven decisions.
Judgement and Decision Making:
- Resource Allocation: Determining how to allocate financial resources across different business units or projects. This
directly impacts the organization’s growth, profitability, and risk profile. - Cost Reduction Strategies: Identifying cost-saving measures without compromising operational efficiency or quality.
These decisions impact profitability and cash flow. - Financial Reporting and Analysis: Interpreting financial data and providing insights to management. These decisions
influence strategic planning and operational improvements.
Innovation:
- Identify inefficiencies: Pinpoint areas where financial operations can be improved.
- Implement new technologies: Introduce software or tools to streamline processes and enhance accuracy.
- Develop financial models: Create advanced models for forecasting, budgeting, and risk assessment.
- Optimize financial processes: Redesign workflows to improve efficiency and effectiveness.
Training and Support
- Training in Acumatica
- Reviewing beneficiaries on the banking platform
- Support food cost analyst
- Support finance teams on day-to-day functions.
Communication:
- Works closely with the Finance Executive and Market accountants
- Interacts with GM and Accountants on all finance-related queries
- Provides and supports all processes within the finance team
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Eastern Cape
The finance and accounting profession is a vital component of the Eastern Cape’s economy, with various industries relying on skilled professionals to manage their financial operations. Typically, these roles involve providing expert advice on financial planning, budgeting, and forecasting, as well as ensuring compliance with relevant laws and regulations. Generally, finance and accounting professionals in the Eastern Cape can expect to find employment in a range of sectors, including government, private enterprise, and non-profit organisations.
When it comes to salary expectations, typically, finance and accounting roles in the Eastern Cape offer competitive compensation packages that vary widely depending on factors such as experience, company size, and industry sector. Common broad salary ranges for these roles include R300 000 – R600 000 per annum for junior positions, with senior roles potentially commanding salaries upwards of R1 million or more. However, please note that these are very general estimates and actual salaries may differ depending on various factors.
Common skills required for finance and accounting roles in the Eastern Cape typically include proficiency in financial software such as SAP or QuickBooks, strong analytical and problem-solving skills, excellent communication and interpersonal skills, attention to detail, and a basic understanding of taxation laws. Additionally, many employers place a premium on candidates with experience in industry-specific software, such as cloud-based accounting systems or enterprise resource planning (ERP) solutions.
The finance and accounting profession is commonly found across various industries in the Eastern Cape, including financial services sector, technology industry, manufacturing sector, and government departments. These roles often require professionals to work closely with colleagues from other departments, making strong communication and collaboration skills essential.
For those interested in pursuing a career in finance or accounting, there are several development opportunities available. Typically, entry-level positions can lead to progression into more senior roles, such as financial analyst or accountant, with experience and additional qualifications. Many employers also offer training programs and professional development opportunities, such as Certified Financial Planner (CFP) certifications or chartered accountancy qualifications. With dedication and hard work, finance professionals in the Eastern Cape can enjoy a rewarding and challenging career.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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