Agrinet, a wholesale supplier and distributor of a wide range of products that cater to hardware retail, specialist industrial and irrigation markets has a vacant position for a Finance Executive who will be responsible for driving the financial health and stability of Agrinet through strategic planning, operational efficiency, investor confidence, and regulatory adherence.
Ensure Financial Health and Stability
Ensure the company's financial health and stability by maintaining profitability, liquidity, and solvency.
Achieving targeted profitability margins.
Liquidity ratios and solvency ratios.
Responsible for overseeing the financial health of the company, ensuring that resources are effectively managed, and financial risks are identified and mitigated.
Safeguard the company's assets and ensure compliance with financial regulations and reporting standards.
Responsible for Financial Planning and Strategy
Responsible for the successful implementation of financial plans.
Ensure that budget targets are achieved.
Responsible for meeting strategic financial objectives.
Develop the organisation's financial strategies and plans, aligning them with broader business objectives.
Provide financial insights and analysis to support strategic decision-making, including investment opportunities, expansion plans, and risk management strategies.
Lead financial due diligence efforts for potential mergers, acquisitions, and strategic partnerships.
Assess the financial viability and risks of M&A opportunities, negotiate deal terms, and oversee integration efforts post-acquisition.
Identify and assess financial risks facing the company, including market volatility, credit risk, and operational risks.
Develop risk management strategies and internal controls to mitigate these risks and ensure the company's long-term viability.
Responsible for Operational Efficiency and Cost Management
Responsible for decreasing operating expenses as a percentage of revenue.
Improve efficiency ratios (e.g., inventory turnover, accounts receivable turnover).
Optimise resource utilisation.
Manage the company's capital structure and allocate financial resources efficiently and align it with the company's strategic priorities.
Responsible for Investor confidence and Stakeholder relations
Ensure transparent and accurate financial reporting.
Achieve investor relations goals.
Responsible for Compliance and Regulatory adherence
Meet regulatory deadlines.
Pass audits with no major findings.
Maintain compliance with relevant laws and regulations.
Ensure the company's financial practices adhere to corporate governance standards, regulatory requirements, and ethical guidelines.
Responsible for leadership and team development
Responsible for the department's employee engagement and satisfaction.
Provide professional development opportunities for employees.
Provide timely feedback on performance.
Ensure the achievement of team goals.
Qualifications: Relevant Bachelor's degree. CA(SA)/CIMA candidates will receive preference.
Requirements: At least 5 years' relevant experience.
Closing date: 28 October 2024.
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We are committed to transformation through the appointment of persons from designated groups and potential candidates from these groups will enjoy preference.
Kindly note that a consumer credit record will be requested in respect of all appointments which involve dealing with cash or finances.
Should we not have contacted you within six weeks of the closing date, you may assume that your application has been unsuccessful.
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