Financial Manager

2 weeks ago


Cape Town, Western Cape, South Africa Principal Class Placements | PRCP Full time

We are looking for an experienced Financial Manager who will play an integral role in contributing to the success of a fast-growing business This role is for a popular wine estate who is dedicated to producing world-class wines, therefore passion for the wine industry is needed.

The role will include:

Financial Oversight & Reporting:

-Manage the entire financial cycle for the winery, including budgeting, forecasting, and financial statement preparation (income statement, balance sheet, cash flow statement).

-Ensure compliance with Generally Accepted Accounting Principles (GAAP) for the wine industry

-Oversee accounts payable, receivable, and payroll functions.

Financial Planning & Strategy:

-Create and manage annual budgets, incorporating production forecasts, sales projections, and marketing plans.

-Develop long-term financial models to support business growth initiatives.

-Prepare financial feasibility studies for capital expenditure projects (e.g., new equipment, vineyard expansion).

Cost Management & analysis:

-Analyze production, distribution, and marketing costs to identify areas for cost savings and improvement.

-Develop and monitor cost-effective strategies for grape sourcing, winemaking, and inventory management.

-Implement cost controls and variance analysis procedures.

Industry & Regulatory Knowledge:

-Stay up-to-date on industry trends, regulations, and tax implications specific to wineries.

-Oversee compliance with alcohol and beverage control regulations.

Qualifications, Skills & Attributes needed:


•Bachelor Degree in Accounting or Finance – CPA or CMA Certification bonus


•3+ Years' Financial Management experience within the Wine industry


•Excellent understanding of cost accounting principles and inventory management practices


•Proficiency in financial modeling and forecasting software – Excel; specialized winery software


•Impeccable communication skills & able to collaborate easily with various departments


•Ability to work independently while managing multiple priorities in a fast-paced environment

If the above aligns with your experience, we look forward to receiving your application


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