Job Description

FINANCIAL MANAGER [MANUFACTURING]
Location: Cape Town
Our client, based in Cape Town, is seeking a Financial Manager to join their team.
Responsibilities:

• Develop financial strategies that align with the company's business objectives.
• Prepare annual budgets, forecasts, and financial models.
• Conduct financial risk assessments to mitigate potential financial threats.
• Analyse production costs and recommend cost-saving initiatives.
• Develop and refine pricing strategies for machinery based on comprehensive cost analysis and market trends.
• Assess the profitability of different product lines and customer contracts.
• Ensure optimal cash flow for daily operations, raw material procurement, and equipment purchases.
• Monitor accounts receivable & payable to prevent cash shortages.
• Optimise working capital to improve liquidity.
• Prepare financial statements in compliance with accounting standards.
• Ensure tax compliance, VAT/GST filings, and corporate financial regulations.
• Liaise with auditors and regulatory bodies.
• Evaluate investments in new machinery, technology, and factory expansions.
• Manage fixed assets, depreciation schedules, and capital expenditures.
• Negotiate financing options for large capital projects.
• Secure loans, credit lines, and funding for growth initiatives.
• Manage relationships with banks, investors, and financial institutions.
• Oversee foreign exchange risks associated with importing and exporting machinery components.
• Implement and manage ERP systems for financial tracking and reporting.
• Ensure real-time monitoring of production costs and margins.
• Improve digital financial controls and automation.
• Identify financial risks, including exchange rate fluctuations and supplier risks.
• Implement internal controls to prevent fraud and financial mismanagement.
• Develop contingency plans for economic downturns or supply chain disruptions.

Requirements:

• Matric.
• Relevant Accounting Degree.
• Minimum 2 years experience as Financial Manager in a manufacturing environment.
• Minimum 2 years experience managing a Finance Team.
• Pastel knowledge (beneficial).

Please note: shortlisted candidates will be contacted within 5 days for interview. If not contacted, please consider your application unsuccessful.
By applying to this advert you hereby acknowledge that you have read and accept the following Protection of Personal Information ACT (POPIA) disclaimer: I hereby consent for Futurelink to process my personal information as part of the recruitment process, which will be done in accordance with the Protection of Personal Information Act (4 of 2013) (POPI) https://futurelinkglobal.com/privacy-policy/