Finance Manager at Macsteel

Job Advert Summary    

• We are seeking an experienced and strategic Finance Manager to lead our financial operations and support business growth. In this role, you will oversee budgeting, forecasting, financial reporting, and compliance, while providing insights that drive decision-making across the organization. The ideal candidate is detail-oriented, commercially minded, and confident in managing teams and stakeholders. This is an exciting opportunity to play a key role in shaping our financial strategy and ensuring long-term success.

Minimum Requirements    

• NQF Level 7
• 3 Year Degree / Advanced Diploma
• Com (Accounting / Management Accounting) or equivalent degree
• 3 Years Financial Management Accounting Experience
• Code EB; Articulated motor vehicle license
• MS Excel
• ERP – Financials
• Interpersonal skills
• Organising Skills
• Change Management Skills
• Decision - making skills
• Planning skills
• Coaching skills
• Mentoring skills
• Persuasiveness
• Communication skills
• Presentation skills
• Facilitation skills
• Diagnostic skills
• Coping under pressure
• Conflict handling skills
• Problem solving skills

Duties and Responsibilities    

Financial Management

• Assess business plan and develop operational, capex and labour budgets at Business Unit level.
• Monitor and effectively manage direct operational, labour and capex requirements for efficient delivery of operational targets and submit recommendations to the Business Unit Executive.
• Assess/review and authorise payments and claims in line with approved budget and policy for processing. Assess variances as required and monitor remedial action within span of control.
• Implement, monitor, and review process costing and profitability analysis.
• Evaluate and analyse and introduce remedial solutions when required.
• Anticipate change and align reporting and information requirements. Forecast deviations and take long-term proactive action. Initiate internal audits.
• Review working capital and ensure it meets the operational Business Unit’s requirements.

Stakeholder Relations

• Maintain, monitor, and manage healthy, diverse, workable internal and external relationships, including the interface with external providers/suppliers to ensure the Business Unit needs are met and organisational goals achieved. Implement remedial actions where required.
• Provide specialised technical / professional support to internal and external stakeholders to ensure achievement of functional and organisational objectives.

People Management

• Accountable for the direct report’s performance, within the agreed strategic framework and approved plans.
• Conduct workforce planning under span of control.
• Implement and manage people development processes such as performance management, succession planning and talent management to meet performance standards.
• Agree and implement own and sub-ordinates' development plans.
• Develop and coach team members and encourage knowledge transfer.
• Mentor fellow employees in Business Unit.
• Analyse trends and identify competence training gaps and action.
• Forecast learning requirements and pipelines related to legislative and industry changes.

Governance, Compliance and Risk Management

• Contribute to the development and continuous improvement of organisational standards, policies, and procedures within span of control and monitor implementation to ensure full compliance.
• Monitor and ensure adherence to statutory regulations, organisational standards, policies, and procedures.
• Ensure remedial actions are implemented timeously to address non-conformances.
• Ensure effective and regular communication of new statutory regulations, organisational standards, policies, and procedures to ensure full awareness amongst employees and contractors.

Asset Management

• Evaluate and recommend in conjunction with the Business Executive team to optimize the Business Unit’s targeted stock levels.
• Evaluate the impact of debtors as well as debtors’ terms on profitability.
• Ensure adequate insurance is in place to safeguard assets against loss and/or damages and implement remedial actions.

Liability Management

• Manage non-steel procurement efficiently.
• Evaluate the impact on profitability of creditors as well as creditor’s terms.

Deadline:5th May,2026