- Mpumalanga
- Salary: Market Related
- Job Type: Permanent
- Sectors: Agriculture Finance
- Reference: 174877
Vacancy Details
Employer: TWK Agri
TWK Agri has the following vacancy available: Financial Manager within the Timber division at Nelspruit, Mpumalanga.
Job Summary
This role involves overseeing all financial activities, ensuring the financial health of the organisation, and providing strategic guidance to senior management. This role involves managing financial planning, reporting, budgeting, compliance functions, working capital, process optimisation, internal controls, pricing strategies, and production cost monitoring to optimise financial performance.
Responsibilities and Duties
Qualifications and Skills
Take the next step in your career with TWK Agri, a trusted leader in agriculture and beyond.
*The company can expire job adverts at any time at their own discretion.
**TWK Agri supports the principles of Employment Equity and reserves the right to prioritise candidates in line with our Employment Equity targets.
Job Summary
This role involves overseeing all financial activities, ensuring the financial health of the organisation, and providing strategic guidance to senior management. This role involves managing financial planning, reporting, budgeting, compliance functions, working capital, process optimisation, internal controls, pricing strategies, and production cost monitoring to optimise financial performance.
Responsibilities and Duties
- Develop and implement financial strategies to support business objectives
- Conduct financial analysis and modelling to evaluate business opportunities and risks
- Prepare and present financial forecasts and reports to senior management
- Assist the Finance Executive and lead the annual budgeting process, collaborating with department heads to align financial plans
- Monitor budget performance and provide variance analysis with actionable insights
- Revise forecasts as needed to reflect changes in business conditions
- Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements
- Oversee the consolidation of financial reports for multiple business units
- Maintain compliance with accounting standards and regulatory requirements
- Manage cash flow to ensure adequate liquidity for operational needs
- Develop cash flow forecasts and analyse cash position to optimise working capital
- Implement strategies to improve cash conversion cycles and enhance working capital efficiency
- Monitor accounts receivable, accounts payable, and inventory levels to optimise working capital
- Identify financial risks and develop mitigation strategies
- Ensure compliance with internal controls, policies, and regulatory standards
- Coordinate internal and external audits, providing necessary documentation and support
- Manage capital expenditure projects, ensuring alignment with strategic goals
- Monitor and report on return on investment (ROI) for major projects
- Develop pricing strategies that align with market conditions and business goals
- Ensure accurate pricing of products and controls around pricing
- Conduct competitive analysis to ensure pricing is optimised for profitability and market share
- Collaborate with sales and marketing teams to adjust pricing based on demand and cost changes
- Monitor and analyse production costs to identify trends and variances
- Collaborate with production teams to implement cost-saving initiatives and improve efficiency
- Provide detailed reports on production cost performance and recommend adjustments as necessary
- Analyse existing financial processes and identify areas for improvement
- Develop and implement streamlined processes to enhance efficiency and accuracy
- Collaborate with cross-functional teams to integrate best practices and innovative solutions
- Design and implement robust internal control systems to safeguard assets and ensure data integrity
- Regularly review and update internal controls to adapt to changing business environments
- Train staff on internal control procedures and ensure adherence across the organisation
- Lead and mentor the finance team, fostering a culture of continuous improvement
- Conduct performance evaluations and provide professional development opportunities
- Encourage collaboration and knowledge sharing within the finance department
- Communicate financial insights and recommendations to non-financial stakeholders
- Prepare presentations for board meetings
- Act as a liaison between finance and other departments to ensure alignment on financial objectives
Qualifications and Skills
- Matric / Grade 12
- Bachelor’s degree in Finance, Accounting or a related field
- CA(SA) / CIMA or equivalent professional certification (advantageous)
- 5 – 7 years’ experience in finance management role, ideally in a corporate or multi entity environment
- 3 – 5 years’ experience in Forestry or agriculture environment
- Extensive knowledge of financial management principles and practices
- Understanding of the industry and its financial dynamics
- Familiarity with financial regulations, compliance standards, and risk management
- In depth knowledge of financial accounting standards (cross country will be advantageous), statutory reporting, audit and regulatory compliance
- Experience with SAP, Oracle, AS400 or any other accounting system and advanced experience with Excel (pivot tables, VLOOKUPs, macros)
- Exceptional analytical expertise and high attention to detail with strong problem solving ability
- Excellent time management, organisational skills and adherence to deadlines
- Strong written and verbal communication skills
- Effective interpersonal skills with ability to collaborate and influence across teams
- Strategic thinker who can drive change and add value to decision making
- Adaptable and proactive, comfortable working in a dynamic, evolving environment
- Valid driver’s license (Code 08) and willingness to travel between sites (including cross-border countries)
- Valid Passport
- Bilingual in English and Afrikaans (advantageous)
Take the next step in your career with TWK Agri, a trusted leader in agriculture and beyond.
*The company can expire job adverts at any time at their own discretion.
**TWK Agri supports the principles of Employment Equity and reserves the right to prioritise candidates in line with our Employment Equity targets.
2 people have applied for this job. 73 people have viewed this job.
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