Description:
Sunshine Seedling Services, part of the TWK group, has the following vacancy available: Financial Manager at Pietermaritzburg, KwaZulu-Natal.Job Summary
The Financial Manager is responsible for overseeing all financial activities, ensuring the financial health of the organisation, and providing strategic guidance to senior management. This role involves managing financial planning, reporting, budgeting, compliance functions, working capital, process optimisation, internal controls, pricing strategies, and production cost monitoring to optimise financial performance.
Responsibilities and Duties
- Develop and implement financial strategies to support business objectives
- Conduct financial analysis and modelling to evaluate business opportunities and risks
- Prepare and present financial forecasts and reports to senior management
- Assist the Finance Executive and lead the annual budgeting process, collaborating with department heads to align financial plans
- Monitor budget performance and provide variance analysis with actionable insights
- Revise forecasts as needed to reflect changes in business conditions
- Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements
- Oversee the consolidation of financial reports for multiple business units
- Maintain compliance with accounting standards and regulatory requirements
- Manage cash flow to ensure adequate liquidity for operational needs
- Develop cash flow forecasts and analyse cash position to optimise working capital
- Implement strategies to improve cash conversion cycles and enhance working capital efficiency
- Monitor accounts receivable, accounts payable, and inventory levels to optimise working capital
- Identify financial risks and develop mitigation strategies
- Ensure compliance with internal controls, policies, and regulatory standards
- Coordinate internal and external audits, providing necessary documentation and support
- Manage capital expenditure projects, ensuring alignment with strategic goals
- Monitor and report on return on investment (ROI) for major projects
- Develop pricing strategies that align with market conditions and business goals
- Ensure accurate pricing of products and controls around pricing
- Conduct competitive analysis to ensure pricing is optimised for profitability and market share
- Collaborate with sales and marketing teams to adjust pricing based on demand and cost changes
- Monitor and analyse production costs to identify trends and variances
- Collaborate with production teams to implement cost-saving initiatives and improve efficiency
- Provide detailed reports on production cost performance and recommend adjustments as necessary
- Analyse existing financial processes and identify areas for improvement
- Develop and implement streamlined processes to enhance efficiency and accuracy
- Collaborate with cross-functional teams to integrate best practices and innovative solutions
- Design and implement robust internal control systems to safeguard assets and ensure data integrity
- Regularly review and update internal controls to adapt to changing business environments
- Train staff on internal control procedures and ensure adherence across the organisation
- Lead and mentor the finance team, fostering a culture of continuous improvement
- Conduct performance evaluations and provide professional development opportunities
- Encourage collaboration and knowledge sharing within the finance department
- Communicate financial insights and recommendations to non-financial stakeholders
- Prepare presentations for board meetings
- Act as a liaison between finance and other departments to ensure alignment on financial objectives
Qualifications and Skills
- Bachelor’s degree in Finance, Accounting or a related field
- Professional certification (e.g. CA(SA), CIMA)
- 5-7 years’ experience in a finance management role
- Extensive knowledge of financial management principles and practices
- Understanding of the industry and its financial dynamics
- Familiarity with financial regulations, compliance standards and risk management
- Proficiency in financial software and tools
- Pastel experience (advantageous)
- Strong leadership and team management skills
- Excellent analytical and problem-solving skills
- Effective communication and interpersonal skills
- Strategic thinking and ability to influence decision making
- High attention to detail and organisational skills
- Valid Driver’s License (Code 08)
- Bilingual (Afrikaans & English)
- Located in Pietermaritzburg and willing to travel for work
Take the next step in your career with TWK Agri, a trusted leader in agriculture and beyond.
*The company can expire job adverts at any time at their own discretion.
**TWK Agri supports the principles of Employment Equity and reserves the right to prioritise candidates in line with our Employment Equity targets.
Requirements:
- Develop and implement financial strategies to support business objectives
- Conduct financial analysis and modelling to evaluate business opportunities and risks
- Prepare and present financial forecasts and reports to senior management
- Assist the Finance Executive and lead the annual budgeting process, collaborating with department heads to align financial plans
- Monitor budget performance and provide variance analysis with actionable insights
- Revise forecasts as needed to reflect changes in business conditions
- Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements
- Oversee the consolidation of financial reports for multiple business units
- Maintain compliance with accounting standards and regulatory requirements
- Manage cash flow to ensure adequate liquidity for operational needs
- Develop cash flow forecasts and analyse cash position to optimise working capital
- Implement strategies to improve cash conversion cycles and enhance working capital efficiency
- Monitor accounts receivable, accounts payable, and inventory levels to optimise working capital
- Identify financial risks and develop mitigation strategies
- Ensure compliance with internal controls, policies, and regulatory standards
- Coordinate internal and external audits, providing necessary documentation and support
- Manage capital expenditure projects, ensuring alignment with strategic goals
- Monitor and report on return on investment (ROI) for major projects
- Develop pricing strategies that align with market conditions and business goals
- Ensure accurate pricing of products and controls around pricing
- Conduct competitive analysis to ensure pricing is optimised for profitability and market share
- Collaborate with sales and marketing teams to adjust pricing based on demand and cost changes
- Monitor and analyse production costs to identify trends and variances
- Collaborate with production teams to implement cost-saving initiatives and improve efficiency
- Provide detailed reports on production cost performance and recommend adjustments as necessary
- Analyse existing financial processes and identify areas for improvement
- Develop and implement streamlined processes to enhance efficiency and accuracy
- Collaborate with cross-functional teams to integrate best practices and innovative solutions
- Design and implement robust internal control systems to safeguard assets and ensure data integrity
- Regularly review and update internal controls to adapt to changing business environments
- Train staff on internal control procedures and ensure adherence across the organisation
- Lead and mentor the finance team, fostering a culture of continuous improvement
- Conduct performance evaluations and provide professional development opportunities
- Encourage collaboration and knowledge sharing within the finance department
- Communicate financial insights and recommendations to non-financial stakeholders
- Prepare presentations for board meetings
- Act as a liaison between finance and other departments to ensure alignment on financial objectives
- Bachelor’s degree in Finance, Accounting or a related field
- Professional certification (e.g. CA(SA), CIMA)
- 5-7 years’ experience in a finance management role
- Extensive knowledge of financial management principles and practices
- Understanding of the industry and its financial dynamics
- Familiarity with financial regulations, compliance standards and risk management
- Proficiency in financial software and tools
- Pastel experience (advantageous)
- Strong leadership and team management skills
- Excellent analytical and problem-solving skills
- Effective communication and interpersonal skills
- Strategic thinking and ability to influence decision making
- High attention to detail and organisational skills
- Valid Driver’s License (Code 08)
- Bilingual (Afrikaans & English)
- Located in Pietermaritzburg and willing to travel for work
28 Jul 2025;
from:
careers24.com