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Financial Director

2 months ago

Riebeek West, Western Cape, South Africa iStaff Recruitment Full time
Job Title: Finance Manager

We are seeking a highly skilled and experienced Finance Manager to join our team at iStaff Recruitment.

Key Responsibilities:
  • Financial Planning and Analysis: Develop and manage comprehensive financial plans, forecasts, and budgets. Analyze financial performance, identify trends, and provide actionable insights. Conduct variance analysis and recommend corrective actions. Lead the budgeting process and identify cost reduction opportunities. Improve reporting standards and refine financial forecasts.
  • Financial Operations: Oversee finance department operations, set goals, and implement frameworks. Ensure accurate and timely financial reporting. Liaise with auditors to maintain financial monitoring. Reconcile bank accounts, manage asset registers, and update lease and loan records. Ensure compliance with accounting standards, internal policies, and regulatory requirements.
  • Tax and Compliance: Submit and maintain statutory and SARS returns on time. Ensure compliance with e-filing requirements. Load and co-approve payments to suppliers. Report payments to senior management.
  • Financial Reporting and Analysis: Prepare and present monthly, quarterly, and annual financial reports. Highlight key financial metrics and operational performance. Analyze production costs and identify cost-saving opportunities. Implement cost control measures and monitor their effectiveness. Work with manufacturing teams to optimize inventory management.
  • Financial Controls and Risk Management: Establish and maintain robust financial controls. Safeguard assets and ensure the integrity of financial reporting. Lead and mentor the finance team.
  • Strategic Support: Provide financial insights and recommendations for strategic business decisions. Oversee the implementation of financial systems and tools.
Key Performance Indicators (KPIs):
  • Accuracy and timeliness of financial reporting
  • Adherence to financial policies and procedures
  • Achievement of financial targets and objectives
  • Effectiveness of cost control measures
  • Compliance with regulatory requirements
  • Employee satisfaction and development

Please note that we will review your application and be in touch if you are suitable for the position. Due to the high volume of applications, we are unable to respond to each one individually. Your CV will remain on our database and we will be in touch for other suitable positions.