Financial Manager: Operations

Job grade:
6

Reporting to:
Financial Director

Department:
Finance

Location:
Paarl

Division:
Finance Operations

Purpose:
The incumbent is responsible for the effective management and reporting of KWV's Operations' finances which will include the budget compilation & management, Costing, Customs & Excise compliance and ensuring financial systems and controls are in place to mitigate risk. The incumbent ensures that working capital and fixed assets are optimized, reporting done accurately and internal control systems are exercised diligently in order to mitigate the associated risk. The incumbent is responsible for and will continually strive to ensure that all services performed meet applicable financial standards and requirements.

Minimum requirements:

• BCom Degree in Cost and Management Accounting or relevant tertiary qualification
• At least 6 - 8 years of financial management (Costing, Customs and Excise) experience in an operational environment
• 3-5 years' Experience of the wine & Spirits industry and/or Manufacturing
• At least 3 years of applied experience in ERP Business Software for a manufacturing environment

Skills required:

• Excellent planning and organisation skills
• Excellent analytical, interpretation and numerical skills
• Good interpersonal and communication capability
• Advanced problem solving and decision-making skills
• Strong leadership skills
• Excellent computer literacy

Financial Responsibility:

• Manage CAPEX and OPEX budgets for Operations and monitor spend
• Variance Management and Reporting
• Verification and safekeeping of Operational Capital (Assets + Stock)
• Ensure all financial transactions in Operations is captured timeously, correctly and accurate
• Ensure all financial controls and reconciliations are exercised diligently
• Ensure compliance with Customs and Excise regulations and on time execution

Job summary:

• Implement and maintain financial policies and procedures for Operations.
• Management and monitoring of the overall Bill of Materials (BOM).
• Alignment of BOM + Routings and wastage to actual processes.
• Compliance with standard accounting procedures.
• Evaluate and review projects and determine and measure ROI of Capital Expenditure.
• Negotiates with Suppliers to better Business targets for cost increases.
• Ensure the management and verification of all products loaded on to SAP
• Review operations financial reporting systems and identify risks and errors
• Ensure sufficient controls for the management of all operations assets
• Standard monthly reporting and analysis (OPEX, CAPEX, Net production cost and variances)
• Review and reconcile provision accounts on a monthly basis
• Oversee Excise department and impact on costing and adherence to SARS' requirements
• Review Distribution costs in various channels and its impact on profitability
• Calculate replacement costs of PPE and Inventory and engage with Insurance brokers with regard to risks, insured values and claims.
• Manage and coordinate the annual budget and year-end process and ensure the execution thereof.
• Monitor and measure the costing of products to GP level for decision making
• Development and implementation of new processes and technology to mitigate financial risks across Operations
• Ensure the management of an effective Control Self-Assessment System
• Report any discrepancies to the Financial Director
• Reports to Exco team on Business Unit Operational Expenses and Variances
• Manage staff compliment of 13
• Implement training and development initiatives and align to succession or individual development plans.
• Point of contact regarding internal external audit requests
• Build and maintain strong relationships with internal and external stakeholders to achieve business goals.

Preference will be given to suitably qualified candidates from underrepresented groups aligned with our Employment Equity Plan.

For external applications, please email your CV to

Closing date for applications: 9 December 2025

We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible.

Should you not hear from us within one month of the closing date of the advert, kindly regard your application to have been unsuccessful.

Please note that any personal information that you shared will be used for the purposes of applying for a role with KWV as advertised above. This information may be shared with authorised Warshay Investments (Pty) Ltd ("KWV") representatives (internal and contracted external parties) as required. Should you have any questions related to how we process your personal information, please refer to the privacy policy.