Finance manager - Durban
Salary Negotiable
Durban, Kwazulu-Natal
Durban,
Kwazulu-Natal
more than 14 days ago
15-05-2017 2:26:59 PM
12-06-2017 2:26:59 PM
A reputable company is urgently seeking a Finance Manager.
Responsibilities
Management
1. Maintain a documented system of accounting policies and procedures
2. Manage outsourced functions
3. Oversee the operations and ensure that the department's goals and objectives are achieved.
Funds Management
1. Forecast cash flow positions, related borrowing needs, and available funds for investment
2. Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
3. Use hedging to mitigate financial risks related to the interest rates on the company's borrowings
4. Maintain banking relationships
5. Assist in determining the company's proper capital structure
6. Arrange for equity and debt financing
Budgeting
1. Manage the preparation of the company's budget
2. Report to management on variances from the established budget, and the reasons for those variances
3. Assist management in the formulation of its overall strategic direction
Financial Analysis
1. Engage in ongoing cost reduction analyses in all areas of the company
2. Interpret the company's financial results to management and recommend improvement activities
3. Review company bottlenecks and recommend changes to improve the overall level of company throughput
4. Create additional analyses and reports as requested by management
Desired Qualifications: The finance manager candidate should have:
• a Bachelor's degree in finance or accounting, or equivalent business experience
• 10+ years of progressively responsible experience for a major company or division of a large corporation.
• Preference will be given to candidates with the Certified Public Accountant or Certified Management Accountant designations.
• Excellent communication skills are essential, particularly in regard to presenting the results of analyses to management.