Financial Director - Somerset West Verfied

Salary Negotiable Somerset West, Western Cape Somerset West, Western Cape 12 days ago 11-01-2022 11:19:56 AM
Reference: NB 6332

Job Description:

Provide strategic financial input to the Companies Exco;
Financial management of the organization to include but not limited to the budget analysis, forecasting needs, daily accounting and treasury operations;
Provide financial discipline and business decision support to evaluate long term and short term strategic business opportunities;
Take responsibility for financial internal controls and successful completion of all financial audits;
Ensure systems are implemented or adjusted as the company grows
Ensure compliance to financial statutory requirements of the company;
Establish guidelines for budget and forecast preparation and take responsibility for the entire process and timely completion as well as interrogation of data to make sure that credible information is shared with the Exco and board:
Evaluate the performance and provide training and development opportunities to the finance and admin staff;
Ensure all financial records are kept in line with IFRS and the Companies Act as well as any other regulatory and statutory requirement there might be;
Responsible for all financial processes and policies;
Responsible for the financial aspects as well as financial risk determination and mitigation for all quotations and tenders;
Maintain and manage external relationships with banks, auditors and third party vendors;
Manage optimal working capital structures in line with business requirements;
Contribute to the development of corporate policy as a member of the senior management team;
Manage the companies insurance portfolio;
Responsible for the risk process of the company and the management of the risk registers etc;
Overseeing of the companies IT and BIS environment inline with the IT general controls framework
Responsible together with technical advisors for commercial construct of various agreements
Responsible for different pricing scenarios and calculating the impact of different pricing strategies on the business including providing key inputs into quotes and tenders


5 to 10 years progressive post article experience in a manufacturing environment;
Advanced IFRS knowledge;
Tax knowledge,
General knowledge of other legislation affecting business
Commercial contracting experience (customers, suppliers, banks etc.)
Exceptional interpersonal skills and ability to convey information understandably;
Advanced Excel skills;
General ERP knowledge, specific knowledge of Zoho will be an advantage but is not essential;
Ability to implement systems specific to supply chain management and stock management including manufacturing
Intermediate knowledge of the rest of the Microsoft Office Suite of Programs;
Excellent analytical and problem solving skills;
Ability to execute complex financial models and forecast;
Excellent communication and presentation skills both verbal and written;
Ability to understand and interpret legal clauses that has a financial impact;
Hands on and proactive management style;