Financial Manager
3 weeks ago
Reporting to: Chief Financial Officer (CFO)
About the Company:
Our client is a leading renewable energy company specializing in wind farm development and operations. Committed to sustainable energy and economic development, they are seeking a highly skilled Financial Manager to oversee financial operations, ensure compliance, and drive strategic financial initiatives.
Role Overview:
The Financial Manager will be responsible for managing the financial health of the company, ensuring compliance with regulatory requirements, and supporting economic development initiatives. The ideal candidate will have a strong background in financial management, auditing, and economic development, particularly within the renewable energy sector.
Key Responsibilities:
Financial Management & Reporting
- Oversee financial planning, budgeting, and forecasting processes.
- Prepare and present financial reports, including management accounts and variance analysis.
- Ensure compliance with financial regulations, tax laws, and reporting requirements.
- Implement and maintain internal financial controls to safeguard company assets.
- Monitor and manage cash flow, ensuring efficient capital allocation.
Auditing & Compliance
- Lead internal and external audit processes, ensuring accurate and transparent financial reporting.
- Maintain compliance with IFRS, GAAP, and local financial regulations.
- Liaise with auditors, tax consultants, and regulatory bodies.
- Assess financial risks and implement mitigation strategies.
Economic Development & ESG Compliance
- Ensure financial processes align with economic development commitments and policies.
- Work closely with stakeholders to implement Economic Development (ED) and Broad-Based Black Economic Empowerment (B-BBEE) initiatives.
- Monitor and report on financial aspects of community and local supplier development programs.
- Provide financial insights to support sustainability and ESG (Environmental, Social, and Governance) strategies.
Economic Development
- ED Management and Governance:
- Prepare and monitor ED SED budgets.
- Report to the board of directors on ED SED projects.
- Report to lenders and funders on ED SED projects.
- Monitor and calculate termination point and ED SED performance debits/credits.
- Financial Management:
- Validate and review the SED ED spend.
- Track SED ED spend and analyse comparison to budgets.
- Review and authorise SED ED payments.
- DOE Reporting:
- Annexure A: People data, procurement, SED ED spend.
- Annexure B: Quality checks, oversight, reviews.
- Service provider SED ED report monitoring.
- Ad-Hoc DOE reporting obligations including bursaries, education, project information, and SME spend.
- Audit Management:
- Audit preparation and management.
- Prepare audit documentation – people data, procurement, SED ED donations.
- B-BBEE audit management – skills development, ED, SED, people, procurement.
- Community Trust Monitoring
- Monitor implementation of trust structures – strategy, trustees etc.
Business Support & Strategy
- Provide financial analysis to support strategic decision-making.
- Assist the CFO in capital investment decisions and funding strategies.
- Support project financing efforts, including liaising with investors and funding bodies.
- Evaluate financial performance and recommend improvements.
Key Requirements:
- Qualifications: Financial Accounting Qualification
- Experience: Minimum 5–8 years of financial management experience, preferably in renewable energy, infrastructure, or related industries.
- Auditing & Compliance: Strong experience in auditing, financial reporting, and compliance.
- Economic Development: Knowledge of B-BBEE, ED, and ESG frameworks.
- Technical Skills: Proficiency in financial software advanced Excel, and financial modelling.
- Soft Skills: Strong leadership, stakeholder management, and problem-solving abilities.
Why Join?
- Be part of a leading renewable energy company driving sustainability and community development.
- Work in a dynamic and impact-driven industry.
- Competitive salary, benefits, and career growth opportunities.
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