We are seeking a Financial Manager to join our team. This role is critical for ensuring the financial success and sustainability of the company in a competitive market, assisting the General Manager for Finance in providing finance support to the Operations and Functional Heads. The role holder is expected to become an invaluable partner to the Hygiene and Cleaning General Managers and will be their contact for all matters concerning financial performance and analysis; continuously seeking opportunities for improvements to increase the efficiency and effectiveness of the operations.
The incumbent will provide commercial decision support for Operations and Functions across the business including providing accurate financial information to guide senior executives in their decision making on an operational level, with responsibility for budgeting, forecasting, business planning and financial modelling.
They will be expected to develop a Teamwork culture that fosters application competence, service excellence, customer focus and business process knowledge focuses on strategic financial planning, reporting, and analysis, positioning you to drive important business decisions and operations. You will play a key role in ensuring the integrity of financial information while collaborating across departments to support organisational goals.
Key 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 6th 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
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 experience 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.
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