Finance Manager

Cape Town

 

A challenging opportunity has become available for a self-motivated individual with a strong financial (cost and management accounting) background to join the Hesper Finance Team based at the Hesper office in Cape Town.

Reporting to the Divisional Executive, the main purpose of the role is to actively participate in the day to day management of the division through an improved focus on achieving the business financial targets and meticulous execution of its financial control functions.

JOB DESCRIPTION

The successful applicant will be responsible for the following:

Duties and responsibilities

  • To take ownership of the division’s financial requirements and application of commercial agreements.
  • Improve day to day decision making by ensuring that the relevant financial and commercial information is taken into account.
  • System implementation to improve control in all aspects of the operations.
  • Developing and implementing improved financial policies, procedures, systems and internal control.
  • Negotiate and manage company contracts with major suppliers, service providers and customers.
  • Critical interpretation and understanding of performance and cost criteria as well as the recovery within customer contracts.
  • Strong cost control focus on all projects executed and fixed cost determination and management.
  • Planning, studying, and collecting data to determine costs of business activity of different business units and functions.
  • Recording cost information for use in controlling expenditures.
  • Implementing systems to monitor profitability in all aspects of the business and highlight any concerns or problems timeously.
  • Preparing project cost forecasts and scenario planning.
  • Providing management with reports specifying and comparing factors affecting prices and profitability of services.
  • Estimating the impact of changes in service offerings and introduction of new projects on pricing and profit margins.
  • Analysing and reporting on profit margins.
  • Maintaining cost accounting system.
  • Overseeing monthly management accounting and monthly variance reporting.
  • Planning and managing the annual budgeting process.
  • Planning and managing the year-end process and dealing with auditors.
  • Risk and corporate governance management.
  • Leading and supporting the financial functions and decisions of the business.
  • Consolidate sales forecasts and input into developing monthly best estimates.
  • Manage and drive behaviour around working capital discipline and management.

MINIMUM REQUIREMENTS

Qualifications

  • Postgraduate education: appropriate degree or diploma in cost accounting.

Experience

  • Ten (10) years industry related experience in a project driven engineering / manufacturing environment.

Skills and competencies

  • Project management and project life cycle knowledge.
  • Ability to interpret contractual requirements and commercial agreements.
  • Must have a strong cost systems background.
  • Strong inventory management skills.
  • Sound understanding of accounting principles.
  • Excellent analytical skills.
  • Computer literacy, MS Projects, MS Excel (familiarity with Vlookups and pivot tables).
  • Knowledge of BBBEE and applications will be an advantage.
  • Understand and apply financial due diligence processes.

Application date closes Wednesday, 02 October 2024.

Applicants who are interested in applying and meet the minimum requirements as per the above, please send your CV to the HR Department on email recruitment@sturrockgrindrod.com. Please state the name of the position as a reference on your application.

Due consideration will be given to the company’s employment equity targets, internal recruitment policies and the employment equity plans. Please note that the position is open to internal and external candidates.