Commercial Finance Manager

Stellenbosch
Salary: Market Related
Job Type: Permanent
Sectors: Finance
Reference: PC001764/LS

Apply before Dec 14 2024 | 30 Days left

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Vacancy Details

Employer: Status Staffing

Our client in Stellenbosch is seeking a highly skilled Commercial Finance Manager to join their team. The ideal candidate will have a Matric and a relevant accounting qualification (CIMA/CA), along with a minimum of 5 years’ experience, including at least 2 years in a managerial role. Experience in operations, manufacturing, and a costing environment is essential. The role requires fluency in both Afrikaans and English, with strong analytical, creative problem-solving, and interpersonal communication skills. A strategic thinker, the successful candidate will thrive under pressure, meet deadlines, and demonstrate sound business acumen while taking initiative in a dynamic, fast-paced environment.

A recent professional profile photo is to accompany your application
EMPLOYMENT TYPE :           Permanent
SECTOR :           Finance
BASIC SALARY :           R40 000.00
START DATE                  :           A.S.A.P / Immediate

REQUIREMENTS:

Matric
Accounting Qualification (CIMA / CA) essential
Minimum 5 years’ experience with minimum 2 years’ experience in Managerial position, with exposure to operations and manufacturing and must have experience in a costing environment
Effective communication skills in Afrikaans & English
Strong analytical, creative problem-solving, organizational, and interpersonal communication skills
Strategic thinker with the ability to work under pressure, meet deadlines, pay attention to detail, think logically, stay self-motivated, demonstrate sound business acumen, and take initiative proactively

DUTIES:

Budgeting and Quarterly Cost Analysis:

Monitor and report on Management Accounts and trends in relation to overall strategies monthly
Co-ordinate and control the annual Budgets (including departmental budgets and CAPEX) accurately and timeously
Report on the financial position and performance of the company at regular intervals
Prepare various profit forecasts during the year
Analyze trends in activities within the company and present possible solutions
Prepares and monitors operational budgeting requirements
Provides monthly details, variances in cost of sales vs budget, dry goods control and variances within the provision

Financial and Administration Processes:

All processes are completed accurately and timeously according to IFRS for SME and internal accounting procedures
Checks and processes monthly inventory adjustments (Bulk wine, FG, Dry Goods, Returnables)
Ensures reconciliation for all write-offs of inventory is done and signed off
Reconciles overhead recovery accounts on a monthly basis and calculates the necessary provisions
Carries out monthly costing and overhead recovery processes and ensures costing of items are done correctly
Reviews accounting processes regularly and seeks continuous development of operational and financial processes
Ensures compliance with company accounting policies, IFRS for SME and internal control procedures

Financial Support:

Provides a commercial financial service in order to deliver timely and accurate information
Participates in management review meetings and decision making processes
Assists with day to day problem solving
Updates reports on under or over recoveries vs budget

Financial Reporting:

To manage and facilitate the delivery of financial information to Management and Stakeholders, so that informed decisions can be made
Co-ordinates all reporting activities for the business including but not limited to: Management accounts, Gross profit analysis (including corrective actions), Expense tracking and monitoring
Return of investment analysis, Working capital management cycle and CAPEX monitoring and implementation

HOURS:

Monday to Friday: 08:00 – 17:00

Should you meet all the requirements, apply on our website at www.statusstaffing.com today.
Should you not hear back from us within 10 working days, please consider your application as unsuccessful. We will retain your credentials for future similar roles.

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About Status Staffing

Welcome to STATUS STAFFING SOLUTIONS, a leading Western Cape based broad spectrum boutique staffing solutions provider.

Within our recruitment division we pride ourselves in our ability to match the right person to the right career through a comprehensive range of in-house screening and assessments. We go the extra mile by offering an outsourced HR and IR service, thereby assisting our clients to comply with local Labour laws. In addition, our Labour Relations division also offer a comprehensive Payroll service, enabling our clients to focus on their core business.

Our large candidate database and quality customer service ethos is what differentiates us from our competitors, enabling is to be considered a strategic partner to our valued candidates and clients.