Financial Manager (64057) at Ntice Sourcing Solutions

Job Description

Introduction

• Our leading company in Pinetown is looking for a dynamic and experienced Finance Manager to join our manufacturing team. This is an exciting opportunity for a results-driven professional who can lead the finance function, ensure compliance, improve efficiencies, and provide strategic financial support to the business

Role Overview

• The Finance Manager will be responsible for overseeing the full finance function within a manufacturing environment, ensuring accurate reporting, statutory compliance, effective cash flow management, and strong financial controls. The role also includes leading the finance team and supporting management with strategic decision-making

Key Responsibilities

Financial Oversight and Compliance

• Oversee the full finance function
• Ensure all statutory submissions are completed on time, including VAT, PAYE, and Workmen's Compensation
• Supervise the Accountant and finance team
• Ensure Debtors, Creditors, and Cash Books are accurately maintained
• Oversee outsourced IT functions where required

Financial Reporting and Analysis

• Prepare monthly management accounts, annual budgets, and forecasts
• Monitor cash flow and maintain bank accounts, petty cash, and company credit cards
• Support annual financial statements, tax submissions, and audits
• Manage month-end and year-end processes within Syspro
• Calculate KPIs linked to management incentives

Debtors and Creditors Management

• Ensure timely debtor collections and accurate creditor reconciliations
• Process supplier payments accurately and on time
• Negotiate supplier credit terms where possible
• Manage working capital effectively
• Analyse costs and identify savings opportunities

Risk Management and Strategic Planning

• Secure funding and negotiate with financial institutions
• Review contracts and identify cost-saving opportunities
• Analyse management accounts, labour, and material variances
• Review job costing and investigate variances
• Ensure compliance with loan covenants and internal procedures

Operational Efficiency and Leadership

• Prepare operational and risk reports for management
• Provide financial guidance to department heads
• Ensure compliance with company policies and procedures
• Drive continuous improvement initiatives
• Train, mentor, and develop the finance team

Asset Management and Internal Controls

• Maintain the fixed asset register, including tools and equipment
• Manage insurance claims, WIP, and inventory controls
• Review stock balances, obsolete stock, and monthly variances
• Maintain accurate accounting records and strengthen internal controls

Skills and Qualifications

• Bachelor's degree in Finance, Accounting, or related field (CA preferred)
• Minimum 5 years' finance management experience within manufacturing
• Strong costing and cost accounting experience
• Proficiency in Syspro and advanced Excel skills
• Proven leadership experience managing a finance team
• Strong analytical, communication, and problem-solving skills
• Sound knowledge of financial regulations and compliance standards