Job Purpose
The Financial Manager is responsible for the full financial management, reporting, compliance, budgeting, forecasting, and financial control of the assigned business unit or operational area. The role ensures accurate financial reporting, effective financial planning, statutory and tax compliance, strong internal controls, and alignment of financial performance with operational and strategic objectives.
The Financial Manager provides financial leadership, supports decision-making through detailed financial analysis, oversees finance staff, and ensures compliance with company policies and regulatory requirements within a manufacturing environment.
Minimum Experience
A minimum of 5 - 10 years in a relevant finance or accounting role
Proven experience in a manufacturing, plant, or factory environment is highly preferred
Experience in engineering or mining environments will be considered
Experience in financial reporting, budgeting, forecasting, audit preparation, payroll review, tax calculations, and staff supervision is required
Minimum Qualification and Advantageous Certificates
BCom Accounting / BAcc / BCom (Hons) together with a professional financial qualification (e.g., CIMA, SAIPA, or similar)
Skills
Budgeting, Forecasting and Financial Analysis
Internal Controls and Compliance
Microsoft Excel, Word and PowerPoint proficiency
Financial Modelling
ERP (Syspro) Proficiency
Job Duties
As a Financial Manager for your area of responsibility, your functions will be as follows:
Compile and distribute monthly management reports, including Flash
Reports and Management Accounts
Review and ensure accuracy of General Ledger processing and reconciliations
Prepare and consolidate business unit forecasts, including Income
Statements, Balance Sheets, Cash Flow statements, and Capital Budgets
Manage and maintain all subledgers, including accounts (receivables and payables), sales, Inventory and Fixed Asset registers
Prepare, consolidate, and present annual business unit budgets, including Income Statements, Balance Sheets, Cash Flow statements, and Capital Budgets
Monitor monthly budget performance, analyse variances, and provide meaningful commentary to management
Prepare bi-annual statutory audit packs and support audit requirements
Complete bi-annual tax compilations and provisional tax calculations
Cross-functional collaborate with other departments to align reporting and financial information requirements. This includes departments such as:
Operations, Sales, Accounts, Human Resources and Payroll
Review and approve weekly and monthly payroll runs
Oversee the administration and authorisation of company payments, including payroll, VAT, and tax payments
Conduct regular site visits to support financial oversight and operational alignment
Ensure compliance with company policies and procedures, including operational and financial policies and procedures
Develop and improve templates for operational financial reporting
Liaise with internal and external stakeholders on compliance, audit, and financial management matters
Review internal audit findings and implement corrective actions where required
Manage onsite financial processes, including performance management, training and development, recruitment, manpower planning, and disciplinary processes
Supervise and develop the finance administration and accounting staff, ensuring accurate and timely processing of financial transactions and reports
Conduct in-house financial training and on-the-job development
Manage the day-to-day activities of finance staff
Assist with Board and ARC reporting requirements
Manage and control FECs