Financial Manager
7 days ago
This leading manufacturer is a pillar of the industrial sector, committed to producing high-quality primary and fabricated metal products through relentless operational efficiency and innovative techniques. In this pivotal role, you will be the financial architect for the plant, moving beyond compliance to become a strategic partner to the operations and commercial teams. Your focus will be on financial rigor, strategic cost management in a capital-intensive environment, and driving sustainable profitability.
Key Responsibilities:
- Lead the financial planning, budgeting, and forecasting processes, providing insightful analysis on key performance drivers such as metal yield, scrap rates, energy efficiency, and plant utilization.
- Oversee all financial operations, including month-end reporting, cash flow management, and rigorous working capital control with a focus on inventory valuation (raw materials, WIP, and finished goods) and creditor/debtor cycles.
- Ensure robust financial controls and full compliance with IFRS, SARS, and all statutory requirements, specifically relating to complex fixed asset accounting and capital project expenditure.
- Manage, mentor, and develop the finance team, fostering a culture of high performance and continuous improvement.
- Partner with operational leadership to evaluate Capital Expenditure (CAPEX) projects, providing financial modelling and post-investment appraisal to guide strategic decisions.
- Utilize the ERP system to its full potential to streamline cost accounting, enhance reporting accuracy, and provide real-time visibility into production costs.
- Completed CIMA qualification.
- Minimum of 5-7 years of experience in a finance management role, with a significant portion in a manufacturing, heavy industry, or mining environment.
- Proven, in-depth experience in a metal manufacturing or related heavy industry is highly advantageous.
- Demonstrated expertise with major ERP systems (e.g., SAP and Oracle) for financial control and manufacturing costing.
- Strong leadership skills and strategic commercial acumen, with a proven track record of directly impacting operational profitability and driving cost-saving initiatives on the shop floor.
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