Finance Director

Overview

Reference
Finance Director

Salary
ZAR/month

Job Location
- South Africa -- City of Cape Town -- Cape Town

Job Type
Permanent

Posted
31 October 2024

Our client in the beverage manufacturing/FMCG industry is seeking an experienced Finance Director to lead financial strategy, oversee financial operations, and support the company's growth objectives. The ideal candidate will have a strong background in financial management within the FMCG sector and a passion for driving financial excellence in a high-growth environment.

Responsibilities:

• Financial Strategy and Leadership:
• Develop and execute a comprehensive financial strategy aligned with the company's growth goals.
• Provide financial insights and strategic recommendations to the executive team to support decision-making.
• Lead annual budgeting, forecasting, and long-term financial planning to ensure alignment with business objectives.
• Operational Finance Management:
• Oversee day-to-day financial operations, including accounting, treasury, and cash flow management.
• Ensure timely and accurate financial reporting, adhering to regulatory and compliance standards.
• Implement and maintain robust financial controls to safeguard company assets and enhance financial integrity.
• Performance Analysis and Reporting:
• Monitor key financial metrics, identifying trends and areas for improvement to enhance profitability.
• Prepare and present financial reports to the executive team, highlighting actionable insights and recommendations.
• Support business units with financial analysis to improve performance and drive cost optimization.
• Risk Management and Compliance:
• Identify and mitigate financial risks, ensuring compliance with relevant tax laws, industry regulations, and internal policies.
• Manage internal and external audits, coordinating with auditors to ensure regulatory compliance.
• Oversee risk management processes, including currency, credit, and operational risk assessments.
• Capital Management and Investment:
• Optimize cash flow and working capital to support business operations and growth initiatives.
• Develop and manage relationships with banks, investors, and other financial stakeholders to secure funding and facilitate growth.
• Evaluate potential investments, mergers, and acquisitions to support the company's expansion plans.
• Team Development and Leadership:
• Lead and mentor the finance team, fostering a culture of continuous improvement and professional development.
• Ensure the team's alignment with company goals, establishing performance metrics and development plans.
• Promote best practices in financial management and encourage cross-departmental collaboration.

• Strong strategic thinking and analytical skills with a focus on financial planning and performance optimization.
• Advanced financial acumen in budgeting, forecasting, and financial analysis.
• Excellent leadership and team management abilities with a focus on professional development.
• Strong communication and interpersonal skills to engage effectively with stakeholders at all levels.
• In-depth knowledge of FMCG and the beverage industry, including market dynamics, regulatory compliance, and tax laws.
• Proficiency in ERP and financial software, with advanced Excel skills.
• Minimum of 10 years of experience in finance, with at least 5 years in a senior financial management role.
• Proven track record in financial leadership within the FMCG or manufacturing sector, preferably in the beverage industry.
• Extensive experience in strategic planning, financial reporting, and risk management.

• Bachelor's degree in Finance, Accounting, Economics, or a related field; an MBA or professional designation (e.g., CA, CPA) is preferred.