Description:
Key Synopsis:
Deliver strategic financial leadership and comprehensive administrative support to safeguard the organisation’s assets, ensure full statutory compliance, and promote sustainable profitable growth. The position integrates practical financial control with proactive analysis to facilitate informed, data-driven decision-making across all business units.
Key Performance Duties:
To perform this role successfully, the appointed individual must be able to fulfill each essential duty and key performance area to a satisfactory standard. The list below summarizes critical outcomes but is not exhaustive and may be amended or expanded from time to time to meet business requirements.
Financial Strategy & Planning
Develop and implement the annual financial strategy in alignment with corporate objectives. Lead the budgeting, forecasting, and long-range planning processes. Provide strategic advice to management on capital allocation, key cost drivers, and initiatives to enhance profitability and operational efficiency. Ensure robust financial management of branch operations, maintaining alignment with budgets and company strategic goals.Financial Accounting & Reporting
Oversee general ledger maintenance, monthly closures, and consolidations to produce accurate and timely management accounts. Manage intercompany transactions and ensure compliance with transfer pricing requirements. Prepare and present weekly, monthly, quarterly, and ad hoc financial reports as required.Cost & Profitability Management
Analyse departmental margins and recommend pricing or costing adjustments to optimise profitability. Monitor departmental expenditure against budget, identifying variances and implementing corrective actions as needed. Drive continuous improvement initiatives to optimise overhead costs. Oversee procurement spend management, including annual reassessment of asset useful lives, approval of low-value capex (under R50,000), fixed asset verifications, and maintenance of an accurate fixed asset register.Cash Flow & Working Capital Management