Financial Manager

An exciting opportunity exists for a Financial Manager.

Job Description

Bluespec is looking for a Financial Manager. This is a high-paced environment with many exciting challenges; come and join the biggest Automotive Company in Gauteng.

Job Purpose

In this role, you will be building relationships with key stakeholders and working 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 and oversees the day-to-day work of the finance department, being responsible for the effective use and deployment of staff and financial resources.

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.

Key Responsibilities include:

1. Management of the Finance & Administration Department: Lead and manage the finance team ensuring all areas are functioning effectively (including taxation, cost management, accounting, payroll, and reporting).
2. Oversee administrative functions.
3. Oversee all vendor contracts including sourcing, negotiation, and ensuring appropriate agreements, execution, and service levels.
4. Ensure that all activities are done according to budget and forecasts.
5. Plan, organize, and control the high-level activities related to the department.
6. 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.
7. Monitor operating budget performance and actively participate in the monthly review process.
8. Accountable for the preparation of the budget and on delivery (costs and time).
9. Negotiate and manage third-party service providers in order to reduce costs.

Planning

1. Plan work according to business requirements and guide all activities accordingly.
2. Manage the annual site planning and administrative process.

People & Team Management

1. Develop and encourage a team approach with shared objectives.
2. Review and communicate individual and team performances in daily, weekly, and monthly team meetings.
3. Create and maintain strong relationships with all internal and external stakeholders.
4. Active involvement in employee development by mentoring, training, and coaching employees of the departments to enhance overall team skills development.
5. Develop and monitor the progress of employee development and progression plans.
6. Ensure all key people program requirements are met including timely performance management reporting, core training, and development programs, etc.
7. Ensure the Finance and Administration Team is executing in their roles and responsibilities to an expected industry standard policy.

Procedure and Process Development

1. In consultation with corporate management, review relevant policy and procedures.
2. Communicate with corporate staff to ensure effective alignment and collaboration on key initiatives.

Innovation and Improvement

1. Actively participate in the continual review of company procedures and make recommendations as required.
2. In collaboration with the Business Performance Manager, identify and address business process opportunities in all areas to further improve effective and efficient operation.
3. Identify, investigate, and implement improvements to all commercial operations to satisfy External audit controls compliance.

Job Requirements

1. Experience and Qualifications Required:
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 experience would be considered.
6. Insurance background would be advantageous.
7. Experience mentoring, coaching, and building and leading teams with people at all levels.
8. Demonstrated experience designing and developing financial, cost, and performance management reports.
9. Experience developing and improving business processes.