Finance Manager
5 days ago
Job Summary:
The Finance Manager is responsible for overseeing the financial health and sustainability of the company within the solar energy industry. This role includes financial planning, budgeting, reporting, compliance, risk management, and strategic financial decision-making to support business growth and profitability. The Finance Manager will also ensure optimal financial operations, including cash flow management, investment strategies, and cost control to maximize efficiency and support the companys renewable energy projects.
Roles & Responsibilities
Financial Planning & Strategy:
Develop and implement financial strategies aligned with business goals in the solar energy sector.
Lead financial planning, budgeting, and forecasting processes.
Provide insights on financial trends, risks, and opportunities to management.
Support decision-making with financial models and scenario analysis.
Budgeting & Cost Control:
Prepare, review, and monitor the companys annual budgets.
Track project costs and ensure cost-effectiveness in solar installations and operations.
Identify opportunities to optimize expenses and improve profitability.
Financial Reporting & Compliance:
Prepare and present financial reports (P&L statements, balance sheets, cash flow statements).
Ensure compliance with industry regulations, tax laws, and financial reporting standards.
Oversee audits and coordinate with external auditors for financial statement accuracy.
Cash Flow & Investment Management:
Monitor and manage cash flow to ensure the company maintains a healthy financial position.
Assess investment opportunities, including solar energy projects, and provide recommendations.
Manage financial risks related to currency exchange, interest rates, and credit.
Taxation & Regulatory Compliance:
Ensure adherence to tax regulations and timely submission of returns.
Optimize tax planning strategies for renewable energy incentives and benefits.
Maintain compliance with government policies and incentives related to the solar industry.
Financial Risk Management:
Identify and mitigate financial risks in solar project investments and operations.
Implement internal financial controls and fraud prevention measures.
Monitor economic factors that impact solar energy pricing and investment decisions.
Business Support & Financial Advisory
Collaborate with operations, sales, and procurement teams for financial decision-making.
Support project financing and liaise with banks and investors for funding solar initiatives.
Provide financial analysis to support contract negotiations and partnerships.
Key Performance Indicators (KPIs):
Financial Performance & Profitability
Achievement of revenue and profitability targets.
Reduction in operational costs and improved cost efficiency.
Budgeting & Cost Control:
Adherence to budget and variance analysis reports.
Reduction of cost overruns in solar projects.
Cash Flow & Liquidity Management:
Maintain a positive cash flow ratio.
Effective working capital management.
Financial Reporting & Compliance:
Accuracy and timeliness of financial reports.
Compliance with tax and audit requirements.
Investment & Funding Efficiency:
ROI on solar project investments.
Success rate in securing funding or financing for projects.
Risk Management & Internal Controls:
Number of financial risks identified and mitigated.
Implementation and effectiveness of internal controls.
Regulatory Compliance & Tax Optimization:
Timely tax filings and regulatory adherence.
Utilization of renewable energy tax incentives.
Qualifications & Skills Required:
Bachelors degree in Finance, Accounting, Economics, or related field (Masters/MBA preferred).
CPA, CFA, or ACCA certification is an added advantage.
Minimum of 58 years of experience in financial management, preferably in the renewable energy or solar industry.
Employment Details
Employment Type:
Permanent Employment
Industry:
Solar & Renewable Energy
Work space preference:
Work Onsite
Ideal work province:
Gauteng
Ideal work city:
Midrand
Salary bracket:
R 25000 - 45000
Drivers License:
CODE B (Car)
Own car needed:
Ye
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