Financial Director
6 days ago
We are seeking an inventive FD, who possesses strong skills in, and enjoys: strategic thinking, analysis, being challenged in a growing company, active communication, and leadership. The FD should also harmonize financial operations, develop and implement effective financial strategies, guide financial stability, monitor all financial activities and ensure compliance, promote revenue growth, and maintain good relationships with investors towards enhancing their confidence.
**Responsibilities**:
- Directing financial planning and strategy
- Analysing and reporting on financial performance, particularly to the board and the shareholders
- Implementing fund-raising strategies and processes
- Preparing and assessing forecasts and building budgets
- Overseeing and executing audit and tax activities
- Developing and implementing accounting policies
- Managing internal controls and compliance
- Managing accounting staff
- Optimising process and tools to maximise the ability to efficiently delegate to accounting staff
- Hiring, training, and developing accounting staff, or overseeing that
- Assessing, managing, and minimizing risk
- Cash flow forecasting and management
- Analysing and forecasting complex financial data, financial modelling
- Managing debt
- Support in managing BEE accreditation levels
- Assisting departments and projects in their bids, resourcing, budgeting and pricing
- Assisting managers to understand the cost-benefit equation of every area of expenditure or investment
- Cultivating a good working relationship with the CEO, company directors, and colleagues
- Breaking down complex data to offer quick interpretation by others and readily inform wider action-planning, resulting in a positive influence on, among other things, company strategy
- Prioritising and working alone or doing so in collaboration with the team, as necessary
- Striving to accelerate the company's growth and success
- Analysing threats and opportunities
- Ensuring efficiency, optimisation and automation of the company’s ERP system and other processes in the financial/accounting space, and effective interface with other departments
- Negotiating with suppliers
- Oversight of trade finance facility and foreign currency risk management for imports (FECs)
**Requirements**:
- CA (SA), or a bachelor's degree in accounting or finance combined with a post-graduate degree at minimum masters level (eg. MBA)
- An entrepreneurial mindset
- 2 or more years of corporate experience post-qualification, preferably with some experience gained in a manufacturing environment. A total of at least five years’ experience (including eg. audit experience)
- Financial management experience
- Strong analytical skills and critical thinking
- Innovative and enquiring
- Driven and self-motivated
- Good communication skills
- Broad knowledge of accounting principles
- Goal-oriented mindset
- Strong creative skills to develop new and innovative solutions
- Aptitude in analysis, financial, accounting software, and Excel
- Excellent mathematical and analysis skills
- Written communication skills to build reports
- Comfort with, and a desire to operate across multiple jurisdictions; experience with operating in multiple currencies and regions and with foreign exchange risk management is a benefit
- Experience in ERP software, or an understanding of it with an interest in learning it
- Possibly an interest in artificial intelligence and automation in data analysis and reporting
Our expectations:
- Be proactive in interpreting and assessing the company and its market, and changes therein
- Be strategic
- Be excited about driving business growth
- See the bigger picture as well as identifying small details and opportunities
- Structure finance as a somewhat flexible adhesive that holds other verticals such as engineering, procurement, sales and production together
- Be passionate about our company, our industry and its future
Package offered:
- Salary is highly dependent on experience
- Performance based annual bonus
- Subsidised lunches
- Company medical aid scheme
**Job Types**: Full-time, Permanent
**Salary**: From R720,000.00 per year
Ability to commute/relocate:
- Durban, KwaZulu-Natal: Reliably commute or planning to relocate before starting work (preferred)
Application Question(s):
- Are you a certified CA(SA)?
- Have you completed an MBA?
**Education**:
- Bachelors (required)
**Experience**:
- Financial: 5 years (preferred)
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