Financial Manager

Job Facts

Minimum Requirements

• Bachelor's degree in finance, Accounting, or related field; a master's degree or professional certification (CA, CIMA, ACCA) is an advantage.
• Minimum of 6 years of
• in financial management, preferably within the cleaning, hygiene, or related industries.
• Proficiency in financial software and ERP systems (SAP and MS Office)
• Sound knowledge of people management with the ability to form close working relationships and communicate effectively with both financial and non-financial staff.
• Sound knowledge of risk management and business management principles
• Sound knowledge of Basic Financial principles (incl Cost analysis, Business Case reviews and Investment analysis). Popi Act compliance is vital.
• Sound knowledge of Health and Safety policies and processes
• Sound knowledge of Contract management and Credit Management
• Sound knowledge of data analytical methodologies with ability to reconcile complex accounts
• Ability to work under pressure and manage multiple priorities.

Responsibilities

• Month end financial review to ensure that revenue and costs are aligned for the month of reporting.
• Review performance with the General Managers of Operations and Finance prior to and after closing off.
• Providing the region with all the accurate reporting required to help them manage their areas including monthly summaries of actual performance by the 6 th working day.
• Implement cost control measures to enhance profitability without compromising service quality.
• Analysis of sector contracts and/or regional profitability with clear indications of once off vs recurring additional expenditure vs costed and establishing turnaround plans (PA report). Aid in finding issues with costings
• Develop and manage financial plans and forecasts to support the company's strategic goals.
• Lead the annual budgeting process, including preparing, reviewing, and finalizing budgets across all departments under sphere of responsibility.
• Support capital planning / resource allocation via inputs into the AIC approval model (Capex)
• Prepare periodic forecasting (Monthly, identify shortfalls to budget, and recommend corrective actions
• Engage with GM operations to put together a plan to mitigate the gap to budget – report on the achievement of these plans monthly.
• Ensure Active Contracts for the regions are ALL billed. Where there are discrepancies – resolve
• Manage the company's cash flow to ensure adequate liquidity for operations and investments
• Ensure that the average debtors days targets are met monthly.
• Have active involvement in the resolution of overdue debt to maintain 60 days plus below target.
• Partner with divisions to ensure debt exposure is kept to a minimum within the region