Finance Manager
Finance Manager
Posted on :
02-05-2025
Employer Active
1 Vacancy
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Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
02-05-2025
Job Description
My client based in Durban is currently looking for a Finance Manager Reporting / Treasury to join them on a permanent basis
IT / Finance
Responsibilities
- The Finance Manager has an active role in financial reporting Treasury Management and decisionmaking
- The role is highly technical and analytical and must be able to interpret and forecast financial and nonfinancial information to enable all financial and compliance reporting and treasury management
- Responsible for assisting with setting up funding requirements ensuring compliance with funding agreements and for analysing various data from company performance to determine areas for improvement
- Supports management by providing highquality analysis information forecasting and reporting to enable informed decision making that will have a direct impact on the companys financial performance (i.e. the roles primary goal is increasing profits of the company)
- Challenge the business to make improvements e.g. streamlining expenditure and/or cashflows to maximise profit and improve financial performance
- Support new business development through the preparation of financial models budgets and forecasts and provide financial input into new funding negotiations
- Direct responsibility of the full finance and accounting functions and supports non finance functions such as operations marketing and sales
- Accountable for preparing insightful reporting and analysis to support management decision making and identify significant trends/issues e.g. monitor performance against budgets and forecast and covenants
- Responsible for providing finance business partner support to divisional managers operations and executive management influencing behaviours and performance through insights and understanding of key drivers macroassumptions and trends
- Responsible for reporting and analysis of covenants identifying and flagging issues to executive management proposing corrective actions and monitoring outcomes
- Accountable for leading and improving the budgeting annual and monthly management reporting
- Responsible for managing ongoing forecasting and preparation of data for finance review to ensure regulatory compliance and shareholder decision making
- Accountable for leading and improving the reporting processes through system development automation and analysis in order to provide real time data to enable decision making
- Assist in modelling and scenario testing for new funding opportunities
- Accountable for developing and improving accounting & control processes to ensure that results are reported appropriately and on a timely basis
- Responsible for preparation of monthly business performance management and quarterly board reports ensuring accurate and timely delivery of information
- Gathers and understands financial and nonfinancial (i.e. technical) information to develop complete knowledge of the business and the environment in which it operates
- Provides expert advice that will add value to the business
- Identify and partner with divisional managers to develop strategic relationships which create opportunities improve performance and solve business problems
- Prepare and present business plans and advise on the actions to implement these plans
- Prepares financial statements corporate financial and integrated reports (e.g. board packs) for stakeholders using appropriate technology
- Leads effective decision making through analysing evaluating and communicating performance and position of the business
- Prepares financial statements for the Group using appropriate technologies.
- Monitors critically evaluates and advises on the relevant accounting standards regulations conceptual and financial reporting frameworks
- Links developments in industry and the economic environment to required improvements in the financial and risk management of an organisation
- Communicates and advises on the impact on financial decision making on current developments in financial reporting regulation governance and ethics
- Evaluates organisational structures and governance to protect the longterm interests of stakeholders
- Recommends appropriate strategies to ensure adherence to governance structures and application of best practice internal controls
- Identifies and manages risk appropriately. Monitors and applies relevant legislation policies and procedures
- Consults on the design and use of current and emerging technology and information systems to improve strategic decisionmaking and organisational performance
- Applies business acumen and commercial awareness to deliver business objectives
- Evaluates justifies and implements suitable strategic options
- Adopts and applies innovative methods to implement strategy and manages change
Experience
- CA (SA)
- Technical / business qualification
- 8 years postgraduation experience with demonstrated experience in an industry relevant senior role
- Experience in all aspects of finance function (with particular focus on Treasury management and reporting) commercial models/mechanisms systems development and data analysis
- In the South African petroleum industry
- Good knowledge of fuel oil/petrochemical supply and trading and oil industry economics
- Exposure to any large reporting system e.g. SAP or SYSPRO Microsoft Office Suite Advanced excel Data query logic and systems development weighbridge and procurement applications
Competencies
- The incumbent should have a proactive and collaborative approach along with excellent communication and interpersonal skills to be able to liaise with and influence colleagues and external stakeholders at all levels
- Strong analytical numeracy and modelling skills are essential along with a highly developed cash management / Treasury awareness
- Must be able to drive system development and automation to improve accessibility to reporting models
- Individual must be able to work under pressure and to deadlines
- Must display strong leadership skills and an ability to effectively work within and influence a multidisciplinary team
- Think strategically be open to new ideas manage innovation challenge assumptions
- Must have excellent financial financial management and legal / commercial/ finance
- understanding of funding agreements
If you are ready for the next exciting step in your career and would like to apply please send us your updated CV to for review
Required Experience:
Manager
Employment Type
Full-Time
Key Skills
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