Key Responsibilities: Financial Reporting : Prepare accurate and timely financial reports, including monthly management accounts, balance sheets, income statements, and cash flow statements. Assist the CFO with financial presentations for senior management and the board of directors. Manage financial closing processes, ensuring compliance with reporting standards (IFRS, etc.). Budgeting and Forecasting : Support the CFO in the preparation of the annual budget and rolling forecasts. Monitor and analyze financial performance against budgets and provide variance reports. Work with department heads to ensure their financial forecasts align with operational goals. Cost Management : Oversee the costing system and ensure accurate allocation of costs to products and projects. Implement cost control measures and identify opportunities for cost reduction and efficiency improvement in the manufacturing processes. Monitor and report on manufacturing costs, inventory valuation, and margin analysis. Cash Flow : Assist the CFO in managing cash flow and forecasting future cash needs. Monitor working capital, including accounts receivable, accounts payable, and inventory levels. Compliance and Risk Management : Ensure compliance with financial regulations, tax laws, and internal financial policies. Manage audits, both internal and external, and liaise with auditors to resolve issues. Support the CFO in identifying and mitigating financial risks to safeguard the companys assets. Financial Systems and Processes : Ensure the accuracy and integrity of financial data through the use of Syspro and financial management software. Continuously improve financial systems, processes, and controls in collaboration with the CFO. Assist with the integration of new systems and technology in line with business needs. Team Leadership and Development : Manage and develop a team of financial accountants and clerks. Provide mentorship and training to staff, ensuring a high-performing and motivated finance team. Promote a culture of continuous improvement and accountability within the finance department. Support for Strategic Decision-Making : Provide financial analysis and insights to support key business decisions and strategies. Collaborate with the operations and manufacturing teams to align financial objectives with business goals. Assist the CFO with mergers, acquisitions, and other strategic projects as required. Tax and Regulatory Filings : Ensure timely and accurate filing of tax returns and other regulatory submissions. Stay updated on tax legislation and advise the CFO on tax planning strategies. Key Qualifications: Bachelors degree in Finance, Accounting, or related field (Masters degree or MBA preferred). Professional qualification such as CA(SA), CIMA, ACCA, or CPA. Minimum of 5-7 years of financial management experience, preferably in a manufacturing environment. Proficiency in financial management systems (Syspro will be an advantage) In-depth knowledge of accounting principles, budgeting, and financial reporting standards (IFRS). Strong analytical, problem-solving, and decision-making skills. Skills and Competencies: Ability to work closely with the CFO and senior management to align financial strategies with company objectives. Excellent leadership and communication skills, with the ability to manage a team effectively. Strong attention to detail and accuracy in financial reporting. Proficient in MS Office (particularly Excel) and financial software systems. Strong understanding of the manufacturing sectors financial drivers, including cost accounting and inventory management. Remuneration: Competitive salary package, commensurate with experience and qualifications, including benefits.
