Financial Director - Sandton - Arrow Financial Business

    Arrow Financial Business
    Arrow Financial Business Sandton

    1 week ago

    Default job background
    Description

    Senior Finance Manager

    The Senior Finance Manager is responsible for managing and developing the finance function, ensuring that long-term strategic planning, cash management, budgeting, and financing of the business contribute to the overall strategy for the organization.

    SPECIFIC REQUIREMENTS

    • Bachelor's degree in accounting or finance required.
    • Proficiency in SAP a must.
    • Strong analytical skills essential.
    • Proven experience within an industrial environment at a senior level.
    • Experience in formulating and implementing business strategy.
    • Essential technical knowledge of Company law, Pension Regulations, and Accounting Standards IFRS.

    SPECIFIC TASKS AND RESPONSIBILITIES

    • Deputising for the Managing Director as needed.
    • Mentoring, directing, motivating, supervising, and monitoring team members to ensure high performance levels.
    • Plan, develop, and implement finance strategy to meet corporate needs and departmental KPIs.
    • Contributing to the development of the mid-range plan with responsibility for annual budgets and objectives.
    • Reporting and accounting as per regulatory and legal requirements, including taxation, dividends, annual report, and accounts.
    • Providing input into global finance plans and strategy.
    • Overall responsibility for all finance functions (purchase ledger, treasury, management accounts, credit control etc.), ensuring internal controls and corporate guidelines are adhered to.
    • Preparation of data for management team in respect of annual wage negotiations, including provision of benchmarking information and assessment of shop steward proposals.
    • Overall responsibility for Capex Management, attending steering group meetings for high-value purchases.
    • Actively participating in management meetings, Annual Target Setting meeting, SZA Platform meetings, Performance meetings, monthly meetings with regional management, and other relevant executive meetings.
    • Managing important relationships with banks, pension administrators, external accountants, auditors, insurance providers, etc.
    • Providing general finance advice, information, and support to line managers/employees.
    • Assisting the Managing Director and Operations Director in strategic long-term and rolling three-year business planning.
    • Overseeing internal and external legal and financial audits.
    • Implementing improvement measures of NWC management with stakeholders through target setting for AR, WIP, Inventory, and AP.
    • Ensuring effective credit management procedures and policies are maintained.
    • Managing company-owned and leased land and properties.
    • Commercial management of high-value contracts and standard business terms and conditions.
    • Individual KPIs: Operating Net Cash Flow, EBIT.

    COMPETENCIES & SKILLS

    • Drive for results.
    • Getting work done through others.
    • Developing self and others.
    • Managing purpose and motivating others.
    • Ensuring accountability and integrity.
    • Strategic agility and global mindset.
    • Dealing with ambiguity and decision making.

    $120,000 - $150,000 per annum

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