Financial Manager
Bluespec Holdings
2023-04-04 Kwazulu Natal - Durban Central
Job Ref #: BSH-127
Industry: Motor Industry
Job Type: Permanent
Positions Available: 1
A leading Automotive Company is looking for a Financial Manager. The successful candidate will have a Financial BCom Degree and 5+ years’ experience in a Financial Manager Role and the Motor Industry. Come and Join the Biggest Automotive Company in Gauteng
Job Description
MAIN PURPOSE OF JOB:
In this role, you will be building relationships with key stakeholders, work closely with operations to secure alignment on account planning activities.
The Finance Manager is responsible for all aspects of financial management, ensuring compliance with internal policies and procedures. This role builds the capacity of the Company’s finance team. S/he oversees the day to day work of the finance department and is responsible for the effective use and deployment of staff and financial resources.
RELATIONSHIPS AND PERSONAL ACTIVITIES:
This is a high paced environment with many exciting challenges.
MAIN JOB FUNCTIONS:
1. All financial reporting, policies and procedures, while driving reporting excellence.
2. Provision of support to functional leaders with respect to financial reporting.
3. Development and continued integration of financial systems.
4. Project budgeting, forecasting and cash flow forecasting.
5. Business analysis including monitoring.
6. Team leadership and training of local staff.
7. Key Responsibilities include: Management of the Finance & Administration Department.
a. Lead and manages the finance team ensuring all areas are functioning effectively (including taxation, cost management, accounting, payroll and reporting).
b. Oversee administrative functions.
c. Oversee all vendor contracts including sourcing, negotiation and ensuring appropriate agreements, execution and service levels.
d. Ensure that all activities are done according to budget and forecasts.
e. Plan, organize and control the high level activities related to the department.
f. Develop and maintain progression and succession plans for the department as per company and HR guidelines; this includes the development, implementation and maintenance of a department skills matrix among other requirements.
Cost
a. Monitor operating budget performance and actively participates in the monthly review process.
b. Accountable for the preparation of the budget and on delivery (costs and time).
c. Negotiate and manage third party service providers in order to reduce costs.
Planning
a. Plan work according to business requirements and guides all activities accordingly.
b. Manage the annual site planning and administrative process.
People & Team Management
a. Develop and encourage a team approach with shared objectives.
b. Review and communicate individual and team performances in daily, weekly, monthly team meetings.
c. Create and maintain strong relationship with all internal and external stakeholders.
d. Active involvement in employee development by mentoring, training and coaching employees of the departments to enhance overall team skills development.
e. Develop and monitor the progress of employee development and progress plans.
f. Ensure all key people program requirements are met including timely performance management reporting, core training and development programs, etc.
g. Ensure the Finance and Administration Team is executing in their roles and responsibilities to an expected industry standard.
Policy, Procedure and Process Development
a. In consultation with corporate management, review relevant policy and procedures.
b. Communicate with corporate staff to ensure effective alignment and collaboration on key initiatives.
Innovation and Improvement
a. Actively participate in the continual review of company procedures and make recommendations as required.
b. In collaboration with the Business Performance Manager, identify and address business process opportunities in all areas to further improve effective and efficient operation.
c. Identifies, investigates and implements improvements to all commercial operations in order that security management capability that will satisfy External audit controls compliance.
Job Requirements
EXPERIENCE AND QUALIFICATIONS REQUIRED:
1. BCom Accounting degree – non-negotiable.
2. Advanced excel ability is vital – non-negotiable.
3. CIMA qualification would be beneficial.
4. Minimum 5 - 8 years' relevant experience.
5. Motor industry experience would be beneficial, however manufacturing and construction industry would be considered.
6. Insurance background would be advantageous.
7. Experience mentoring, coaching and building and leading teams with people at all level.
8. Demonstrated experience designing and developing financial, cost and performance management reports.
9. Experience developing and improving business processes.
10. Strong communication skills in English.
11. Must possess strong cultural sensitivity and be able to execute work successfully in a dynamic fast paced culture.
12. Excellent analytical, organizational and problem solving skills.
13. Must be able to demonstrate the values of integrity, respect and collaboration and problem solving skills.
14. Demonstrated commitment to ensuring a safe working environment.
