Job Description

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Job Overview

Application Deadline:

28 August 2025

Job Location:

Cape Town, Western Cape

Job Title:

Operational Financial Manager

Education Level:

Bachelors Degree

Job Level:

Management

Minimum Experience:

5- 7 Years

Operational Financial Manager required in Elsies River, Cape Town.

Duties and Responsibilities:

Financial Planning & Analysis + Develop annual budgets in collaboration with department heads, ensuring alignment with the company's strategic objectives.
+ Monitor actual financial performance against budgeted figures, identifying variances and recommending corrective actions.
+ Prepare detailed financial forecasts based on current data and trends, providing insights to senior management.
Budgeting & Cost Control + Implement and monitor cost-saving initiatives across various departments, ensuring adherence to budgetary constraints.
+ Conduct regular reviews of operational expenses, identifying areas for potential cost reduction.
+ Collaborate with procurement to negotiate favorable terms with suppliers, reducing input costs without compromising quality.
Operational Efficiency + Work closely with operations managers to identify bottlenecks and inefficiencies in production or service processes.
+ Develop and implement strategies to optimize resource utilization, improving overall operational performance.
+ Facilitate cross-functional teams to streamline workflows and enhance productivity.
+ Monitor key performance indicators (KPIs) related to operational efficiency, identifying trends and areas for improvement.
Performance Reporting + Develop comprehensive performance reporting systems to track key financial and operational metrics.
+ Prepare and distribute regular performance reports to senior management, highlighting key insights and trends.
+ Analyze financial data to identify patterns and correlations with operational performance.
+ Create dashboards and visual aids to present performance data in a clear and actionable format.
Risk Management + Identify potential financial risks related to operational activities and develop mitigation strategies.
+ Conduct regular risk assessments to evaluate the impact of operational changes on financial performance.
+ Develop and implement policies and procedures to manage and minimize financial risks.
+ Monitor compliance with internal controls and regulatory requirements to prevent financial losses.
Strategic Partnership + Collaborate with management team to align financial goals with operational strategies and objectives.
+ Provide financial guidance and support for operational decision-making, ensuring alignment with overall business goals.
Resource Allocation + Oversee the allocation of financial resources to operational projects, ensuring optimal utilization.
+ Evaluate the financial viability of proposed projects, providing recommendations based on cost-benefit analysis.
+ Monitor the financial performance of ongoing projects, ensuring they stay within budget and deliver expected returns.
+ Develop resource allocation models to support strategic decision-making and prioritize investments.
Process Improvement + Identify opportunities for process improvements within finance and operations, focusing on efficiency and effectiveness.
+ Lead cross-functional teams to implement process improvement initiatives, ensuring stakeholder engagement.
+ Develop and document standard operating procedures (SOPs) for finance and operational processes.
+ Monitor the impact of process improvements, measuring success against predefined KPIs.
Compliance + Ensure all financial operations comply with relevant local, national, and international regulations.
+ Develop and maintain compliance policies and procedures, updating them as necessary to reflect regulatory changes.
+ Conduct regular audits of financial processes and transactions to ensure compliance with internal and external standards.
+ Collaborate with regulatory bodies and external auditors during compliance reviews and audits.
SOPs Adherence + Ensure best practices and standard operating procedures are followed at all times to maintain efficiency and productivity.
+ Encourage and motivate the team to strictly follow standard operating procedures at all times to ensure processes are followed by company standards and expectations.
+ Develop and update SOPs as needed to reflect changes in processes or regulations.
+ Conduct regular audits to ensure compliance with SOPs.
Communication & Collaboration + Act as a liaison between finance and operational teams, ensuring seamless communication and understanding of financial goals and operational needs.
+ Organize and lead regular meetings with operational managers and other stakeholders to discuss financial performance, address concerns, and review progress on key initiatives.
+ Build and maintain strong working relationships with department heads and team members, promoting a culture of cooperation and mutual support.
Customer Focus + Develop a deep understanding of customer requirements and expectations, using this knowledge to align financial strategies with customer priorities and ensure satisfaction.
+ Attend meetings with customers to discuss financial aspects of contracts, service agreements, and project requirements, providing financial insights and addressing any concerns.
+ Foster positive relationships with key customers by demonstrating a commitment to their needs and providing excellent service and support.
+ Offer expert financial advice and support to customers, helping them understand financial implication and ensuring transparency in financial dealings.
Leadership & Supervision + Direct and support the finance team, setting goals and conducting regular performance reviews to drive high performance and growth.
+ Manage and distribute resources effectively within the team, ensuring optimal workload balance and project progress.
+ Track performance metrics, provide feedback, and address issues to enhance team productivity and morale.
+ Resolve team conflicts and issues promptly to maintain a collaborative and efficient work environment.
Training & Development + Train and develop finance team members to enhance their skills and performance.
+ Provide ongoing mentoring and feedback to team members to improve performance and enhance skills.
+ Foster and encourage continuous learning and professional growth.
+ Develop and implement training programs to address skill gaps and enhance team capabilities.

Requirements:

Bachelor's Degree in Finance or Accounting or a related field. Postgraduate Qualification (Optional) Minimum 5-7 years of relevant experience is required, with at least a few years in a managerial or supervisory role. * Proficiency in English and Afrikaans languages for effective communication within the team.