Executive Director of Financial Operations

1 month ago

Johannesburg, Gauteng, South Africa Network Recruitment Full time

Network Recruitment is seeking a dynamic and forward-thinking Executive Director of Financial Operations to join their leadership team. As a leading player in the manufacturing and engineering sector, this innovative company delivers high-quality products to clients across various industries.

About the Role

This key opportunity allows a qualified Chartered Accountant (CA(SA)) with a strong background in financial management, particularly in stock-intensive environments, to shape and drive the financial strategy of a growing company.

Duties and Responsibilities
  • Financial Strategy & Leadership: Lead the development and execution of the company's financial strategy, aligning it with overall business goals and growth objectives.
  • Financial Reporting & Analysis: Oversee the preparation and presentation of accurate, timely financial reports, including balance sheets, income statements, and cash flow reports.
  • Budgeting & Forecasting: Manage the budgeting process, providing detailed financial forecasting and variance analysis to guide decision-making and resource allocation.
  • Cost Management & Efficiency: Drive cost management initiatives, particularly in manufacturing and engineering operations, with a focus on improving profitability and operational efficiency.
  • Stock & Inventory Management: Oversee financial controls and processes related to stock management, inventory valuation, and supply chain costs in a manufacturing or engineering environment.
  • Cash Flow & Liquidity Management: Ensure efficient cash flow management, optimizing working capital, and implementing strategies to maintain healthy liquidity levels.
  • Compliance & Risk Management: Ensure the company adheres to all financial regulations and reporting standards. Manage financial risk and ensure robust internal controls.
  • Team Leadership: Lead and mentor the finance team, fostering a culture of performance, accountability, and professional growth.
Requirements
  • Chartered Accountant (CA(SA)).
  • A minimum of 3 years post-qualification experience in a financial leadership role, preferably in manufacturing, engineering, or stock-intensive environments.
  • Industry Knowledge: Strong understanding of the financial intricacies of manufacturing or engineering industries, including cost management, inventory, and supply chain management.

The estimated annual salary for this role is around $120,000-$180,000, depending on location and experience.

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