Financial Manager (67249) at Ntice Sourcing Solutions

Job Description

• A leading Electronics Manufacturing Services (EMS) provider based in Westmead is seeking an experienced and driven Finance Manager to lead and oversee the full finance function of the organisation.
• The ideal candidate will bring strong financial leadership, strategic insight, and hands-on experience in manufacturing or costing environments to support business growth, operational efficiency, and sound financial governance

Skills and Qualifications

• Bachelor's degree in Finance, Accounting, or a related field (CA preferred)
• Minimum 5 years' experience in financial management, preferably in manufacturing or costing environments
• Strong proficiency in Syspro and advanced Microsoft Excel
• Experience in financial reporting, budgeting, and analysis
• Strong leadership and team management skills
• Excellent analytical and problem-solving abilities, particularly in costing and manufacturing analysis
• Strong verbal and written communication skills
• Sound knowledge of financial regulations and compliance standards

Key Responsibilities

Financial Oversight and Compliance

• Oversee the full finance function of the organisation
• Ensure all statutory submissions are completed accurately and on time, including Workmen's Compensation, VAT, PAYE, and other regulatory requirements
• Supervise the Accountant and Receptionist
• Ensure Debtors, Creditors, and Cash Books are maintained accurately and remain up to date
• Assist with resolving outstanding accounting queries
• Oversee outsourced IT functions with a reporting line to the Finance Manager
• Manage contracts outside the regular supply chain process

Financial Reporting and Analysis

• Design, implement, and maintain financial reporting systems, including accounts payable, accounts receivable, and cash management processes
• Manage investment activities and assess investment opportunities
• Prepare monthly management accounts and annual budgets
• Present cash flow analyses and monitor cash balances
• Maintain bank accounts, petty cash, and company credit card records
• Support external accountants with annual financial statements, provisional tax, assessed tax, and audits
• Manage month-end and year-end processing, including system rollovers in Syspro
• Serve as Syspro super user, managing permissions and report generation
• Calculate KPIs for management incentive and bonus structures

Debtors and Creditors Management

• Ensure timely debt collection and accurate creditor reconciliations
• Process supplier payments accurately and on schedule
• Negotiate supplier credit terms and early settlement discounts
• Monitor working capital and cash flow
• Analyse costs and identify cost-saving opportunities
• Oversee stock levels, provisions, write-downs, and inventory reviews

Risk Management and Strategic Planning

• Secure funding from financial institutions and negotiate favourable terms
• Review, benchmark, and renegotiate contracts where necessary
• Analyse management accounts, cost reports, and material/labour variances
• Review job cards for variances and implement corrective measures
• Minimise costs and wastage
• Forecast foreign exchange requirements and manage purchasing processes
• Ensure compliance with loan covenants and asset control procedures

Operational Efficiency and Training

• Prepare operational and risk reports for management review
• Review and negotiate service level agreements and contracts
• Provide financial guidance to department heads to support sound decision-making
• Ensure compliance with company policies and continuous improvement initiatives
• Identify training needs to improve departmental performance
• Ensure timely submission of accounting records and maintain high reporting standards
• Manage capital expenditure requests

Asset Management and Internal Controls

• Maintain the asset register and monitor tools, equipment, and machinery
• Process insurance claims and review work-in-progress (WIP) and inventory
• Authorise purchase requisitions and ensure stock take accuracy
• Investigate obsolete stock and manage material review processes
• Review WIP, variances, and inventory balances monthly
• Evaluate job costing on projects with significant variances to ensure costing accuracy
• Maintain accounting records, ledgers, and insurance documentation
• Ensure business processes effectively mitigate risk and maintain strong internal controls
• Communicate changes in financial regulations and compliance requirements to relevant staff