Financial Manager

We are seeking an Experienced Bookkeeper with a strong background in the manufacturing industry to assist in managing our finance and administrative functions. The successful candidate will be responsible for overseeing financial transactions, ensuring accurate bookkeeping, and supporting the administrative department, which consists of a bookkeeper, debtors clerk, creditors clerk, and two wage clerks. This role includes key financial management functions such as cost control, budgeting support, Managed Accounts & assisting in upgrading the Financial Management processors.

Key Responsibilities:

1. Bookkeeping & Financial Transactions
   • Maintain accurate financial records and general ledger.
   • Manage daily financial transactions, including accounts payable and receivable.
   • Reconcile bank statements and supplier accounts.
   • Ensure compliance with tax regulations (VAT, PAYE, and other statutory requirements).
2. Accounts & Payroll Management
   • Oversee and support the debtors clerk, creditors clerk, and two wage clerks in managing payroll and accounts processing.
   • Ensure the accurate and timely processing of wages and salaries.
   • Assist in preparing payment schedules and ensuring creditor and debtor payments are aligned with cash flow.
3. General Administrative Oversight
   • Provide leadership and guidance to the finance/admin team.
   • Ensure smooth operations of the administrative department.
   • Collaborate with management to enhance business workflow and system integration.
4. Financial Reporting and Analysis
   • Prepare and present monthly management accounts, financial statements, and comprehensive reports to senior management.
   • Develop, maintain, and oversee budget forecasts, cash flow statements, profitability analyses & cost control centres.
   • Support the transition from Pastel Partners to a more integrated financial management system.
   • Assist in implementing cost centres within each department for better financial tracking.
   • Improve financial processes and administrative efficiencies.
5. Cost Control and Budget Management
   • Work with department heads to monitor expenses and implement cost control measures.
   • Assist in budget preparation and ensure adherence to financial guidelines.
   • Help track costs associated with manufacturing operations and suggest efficiency improvements.
6. System Integration and Business Management Software Implementation
   • Assist in establishing financial and monthly management reporting processes to enable real-time tracking of business performance.

Qualifications and Skills:

• Education: Bachelors degree in finance, Accounting, or a related field. Qualified CA not essential.
• Experience: Minimum of 10 years in financial management in the manufacturing sector.
• Software Proficiency: Advanced experience with systems and financial software; familiarity with Pastel Partners is beneficial.
• Business Intelligence Platforms: Experience in live reporting software systems.