Finance Manager - Professional Career Services, Richards Bay

  • Richards Bay
  • Salary: Market Related
  • Job Type: Permanent
  • Posted by Professional Career Services on Tuesday, February 18, 2020
  • Reference: MDL 12131
  • Apply before Saturday, April 18, 2020 - 18 Days left

Vacancy Details

Employer: Professional Career Services

Ref: MDL 12131 - Finance Manager

Employer Description

World's Largest Industrial Engineering Group

Job Description


This Financial Manager position for an Industrial Engineering company reports to the MD and is a challenging role with lots of scope & opportunity to show your abilities & make a difference.

You will be an integral part of the executive team and will support and advise the business on future performance and growth; you will be a strong people manager for your team and someone who is able to influence at management level; you will also be involved in important financial matters but importantly on day-to-day affairs:

  • Prepare monthly and quarterly reporting with accompanying analysis and comments;
  • Ensure the accuracy and follow up all reportings;
  • Supervise payroll, PAYE matters, IR returns, VAT return and Corporation Tax return;
  • Manage, motivate and train the finance team;
  • Oversee the external audit;
  • Be a thought partner for the business to analyze investment in strategic initiatives;
  • Communicate with the bankers, advisors, shareholders and all third parties on financial aspects;
  • Oversee the insurance program and ensure appropriate coverage is maintained at all times (notably export risk);
  • Set-up and maintain the appropriate hedging strategy on the contracts;
  • Support commercial teams on financial matters, notably tax and bank guarantees during the bidding process;
  • Responsible for ad hoc queries from head office acting as the main point of contact for all reporting and new improvement processes;
  • Oversee the implementation and operation of the Group Directives and Guidelines, and ensure that the Company meets its legal responsibilities;
  • Following up on all orders (Sales Price and Gross Margin) from booking to completion: ensuring the Gross Margin at booking is correctly calculated and following up on it until the 100 % completion of the project;
  • Follow up on the inventories of the warehouse and ensuring the correctness of stock and reconciliation of thereof;
  • Manage the systems surrounding all aspects of the organisation’s budgets, forecasts and business planning;
  • Developing and maintaining programme and project reporting and management systems as required;
  • Follow up on all Productive hours allocated to projects;
  • Preparing and analysing cash flow statements, income and expenditure accounts and balance sheet accounts;
  • Ensuring the correct revenue is recognised and that the correct costs are classified and followed up on (include accruals balance %);
  • Administrative agreements: management fees, rentals etc;
  • Undertake company secretary responsibilities and ensure the company’s compliance with relevant legal and governance requirement;
  • Corporate Law matters: status, deregistration;
  • BEE transformation: responsible for the BEE (main contact of PWC for the transformation and then follow up/ management of FSM on a financial and administrative perspective);
  • To promote and ensure compliance with the organisation’s policies, including Health & Safety
  • Environmental and Diversity Policies;
  • To encourage and support innovation throughout the organisation;
  • To work in the most resource efficient and effective manner;
  • To act as an ambassador for the organisation;
  • Any other duties as may be required by the Managing Director.
  • Knowledge of the Process is required to operate, monitor and maintain direct area of accountability and complete necessary work as per the accountabilities mentioned above.
  • Understand how changes to process conditions affect the area process outputs and how this impacts on other areas of the site from a compliance perspective.
  • Liaise with external auditors on completion of year-end audit
  • Provide financial support to the project teams, finance teams and business development teams, acting as the central point between the Finance function and other departments

Key Relationships

  • Local management team
  • Sub-Group head office
  • Finance team and all staff in general
  • External auditors
  • Banks

Candidate Requirements



  • Financial Accounting Degree (BCom, BSc, BA or MBA)
  • Qualified Accountant (ACA/CIMA/ACCA)



You will have 6 years' proven work experience as a Financial Manager and have:

  • Strong organisational skills to ensure timelines are met
  • Auditing background
  • 2 + years cost analysis / variance reporting experience
  • Experience in analysis of projects/manufacturing costs
  • Involvement in overall business strategy
  • SAP experience would be a distinct advantage
  • Good written and verbal communication skills
Apply before Saturday, April 18, 2020 - 18 Days left Companies may expire jobs at their own discretion. If you have not received a response within two weeks, your application was most likely unsuccessful.
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About Professional Career Services

For these last 32 years, for the most part, we have recruited our recruiters from the industries that they will be recruiting for and this has proven to be a successful formula for us, our clients (employers) and our candidates (career seekers).  Over and above this, we have - through a well-run organisation, good support staff, an excellent specialised database and proper financial management - been able to facilitate the vital services we provide to our clients & candidates alike, despite the various ups & downs of the economy over these last 32 years.

Our Motto
Prompt & Professional Service with Integrity & Care

Our Vision
Partnering the future of like-minded people through a thorough understanding of our client’s business, culture & needs and our candidate’s culture, career aspirations & capabilities

Why Choose Us
Despite the fact that we now handle a variety of specialist fields or niche markets, when you deal with us you will deal with a Team of Specialist Recruiters in each of these various specific fields