Financial Manager

4 weeks ago


Cape Winelands District Municipality, South Africa Principal Class Placements Full time
Financial Manager
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
• 5 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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