Finance Specialist

Found in: Adzuna ZA B C2 - 1 week ago


Midrand, South Africa Adzuna ZA B C2 Full time
Key Responsibilities:

  • Financial Analysis: Conduct in-depth financial analysis to assess performance, identify trends, and evaluate opportunities for improvement. This includes analyzing key performance indicators (KPIs), financial statements, and operational data.
  • Budgeting and Forecasting: Collaborate with cross-functional teams to develop annual budgets and forecasts. Monitor budget performance, identify variances, and provide recommendations for corrective actions.
  • Cost Management: Manage and control costs across various functions such as production, procurement, and distribution. Implement cost-saving initiatives while maintaining quality standards.
  • Financial Reporting: Prepare accurate and timely financial reports, including income statements, balance sheets, and cash flow statements. Ensure compliance with accounting standards and regulatory requirements.
  • Capital Investment Analysis: Evaluate investment opportunities in new projects, equipment, or technologies. Conduct feasibility studies, ROI analysis, and risk assessments to support investment decisions.
  • Tax Planning and Compliance: Work closely with tax advisors to develop tax strategies that optimize the organization's tax position. Ensure compliance with tax regulations and filing requirements.
  • Financial Risk Management: Identify and assess financial risks, such as currency fluctuations, interest rate exposure, and credit risk. Develop risk mitigation strategies and monitor risk exposure.
  • Financial Controls: Establish and maintain internal controls to safeguard assets, ensure accuracy of financial data, and prevent fraud. Conduct regular audits to assess compliance with internal policies and procedures.
  • Strategic Planning: Contribute to the development of long-term strategic plans by providing financial insights and analysis. Support decision-making processes by evaluating the financial implications of strategic initiatives.
  • Stakeholder Communication: Present financial analysis, forecasts, and recommendations to senior management, board members, and other stakeholders. Clearly communicate financial performance, risks, and opportunities.
Qualifications:

  • Bachelor's degree in Finance, Accounting, Economics, or related field. Advanced degree (e.g., MBA, CFA) preferred.
  • Proven experience in financial analysis, budgeting, and strategic planning, preferably in the automotive industry.
  • Strong understanding of accounting principles, financial markets, and regulatory requirements.
  • Proficiency in financial modeling, data analysis, and ERP systems (e.g., SAP, Oracle).
  • Excellent communication and presentation skills, with the ability to convey complex financial concepts to non-financial stakeholders.
  • Analytical mindset, attention to detail, and problem-solving skills.
  • Ability to work effectively in a fast-paced, dynamic environment and manage multiple priorities simultaneously.
  • This job description outlines the core responsibilities and qualifications expected of a Finance Specialist in the automotive industry. Depending on the specific organization and role, additional duties and requirements may apply.


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