Group Finance Director

_**General Summary**_

Key responsibilities will include: Providing leadership, direction and management of the finance and accounting team, providing finance-related strategic recommendations to the CEO / executive management team, ensuring the accuracy, validity and completeness of management and financial accounting for the Group. Analysis, budgeting, reporting, and ensuring that all accounting, and regulatory requirements and deadlines are met and all records are maintained.
- **Report to the CEO**_
- **Responsibilities**_
- _Financial Management_: Manage the company's financial operations. Ensure that the financial transactions, policies, and procedures meet the organization's short and long-term business objectives and are conducted in accordance with regulations, accounting principles, and standards.
- Oversee cash flow management, liquidity, and banking relationships to ensure adequate funding for operations and strategic investments.
- Ensure effective management of working capital
- Manage and support finance, debtors, creditors, and cost accounting teams.
- Ensure standard costing and the related product costing model, bill of material are updated as necessary.
- Provide insight to sales department to determine selling price and price increase.
- Keep up to date with IFRS standards and all accounting concept, practices, and procedures.
- Overseeing commercial contracts with suppliers, retailers, agents to ensure that they are not commercially onerous
- Ensure effective management of financial systems and records to ensure that Group finances are run effectively and financial data can be supplied accurately and timeously
- Ensure procedure manuals are adequately prepared and maintained regularly and are at the required standard.
- Identify and alert the CEO of any irregularity, lack of compliance, lack of adherence to process and procedures, weakness in internal controls, and any actual or potential concerns arising out of the financial and operational matters of the business.
- Provide oversight on procurement and IT departments.
- Liaise with auditors, bankers, and insurers
- Financial Reporting: Oversee the preparation and communication of monthly and annual financial statements. Ensure the timely reporting of key financial data and updates to the CEO, Board of Directors, and other key stakeholders.
- Implement and monitor compliance with all financial and accounting standards (IFRS and PFMA), procurement (PPPFA), CIPC and tax requirements.
- **Qualification, Experience & Attributes**:_

8 years post qualification financial management experience - within a manufacturing environment;
Registered CA (SA);
Tax, and financial regulatory and reporting requirements (IFRS);
Strong costing and management accounting experience;
Strong SYSPRO experience essential;
Excellent communication, reporting and interpersonal skills, verbal and written;
Strong ability to solve problems and suggesting re-engineering methodologies to increase efficiency;
Capability to effectively multitask;
Ability to work well under pressure;
Honesty and integrity.

**Salary**: R70 000,00 - R90 000,00 per month