Financial Manager - ITB at Novus Holdings Ltd

Introduction

• ITB, a division of Novus Holdings, is currently seeking to appoint a CMA-qualified financial professional to lead the finance department and manage all finance-related functions, including taking ownership of all cost accounting functions, ensuring accurate reporting, and providing management with the insights needed to make profitable, data-driven decisions.

Job description

• Generate accurate and complete reports according to management and business needs to support strategic financial decisions
• Develop, implement, and improve new and current product costing models to ensure accurate and reliable cost data across all product lines
• Conduct variance analysis (materials, labour, overheads), explain deviations to management and recommend changes to BOM
• Partner with operations and procurement to track wastage, yield, and efficiency measurements
• Provide cost simulations and profitability analysis for tenders, pricing, and new product development
• Analyse financial data to identify trends, variances, and root causes; evaluate multiple scenarios and recommend alternative solutions to improve operational efficiency, mitigate risk, and support strategic decision-making.
• Lead the preparation of annual budgets and rolling forecasts, with emphasis on cost control in line with growth strategies
• Manage inventory valuation, WIP reporting, and stock reconciliations, ensuring alignment with IFRS and company policies
• Prepare and deliver accurate monthly cost reports, margin analysis, and management insights
• Support operational teams with KPI dashboards and ad-hoc financial analysis
• Work closely with senior and middle leadership to identify cost-saving initiatives and efficiency projects across the business
• Ensure monthly management accounts are accurate and on time
• Lead Finance team through both internal and external Audits
• Prepare and present annual financial budget and quarterly forecasts
• Coordinate projects such as BEE verification that requires collection of data.

Minimum requirements

• CMA qualification (essential)
• Bachelor’s degree in accounting, Finance, or related field.
• Minimum 5 years’ experience in cost accounting in a manufacturing or packaging environment.
• ERP experience in Syspro with advanced Excel skills – added advantage
• Strong knowledge of costing methods (standard & absorption cost)

Deadline:28th August,2026