Finance Manager (Ref: MEFM)

Position in the Financial sector in Ladysmith - Kwa- Zulu Natal
Posted On Monday 5 July 2021
Job Description:

Our client is seeking a Group Manager: Factory Finance to join their team in Ladysmith, KZN. The successful incumbent will be responsible to coordinate and lead all financial activities at the Factory, make available timely and accurate information concerning the financial performance of the factory and manage all performance management aspects of direct reports

Please email application through to

Main job function

Influence business decision making and produce accurate information concerning the financial performance of the factory

Ensure that all accounting activities for the factory are executed according to the appropriate regulations

Oversee the preparation and reporting of financial information to Mancom, Director: Finance and parent company

Oversee the preparation of all monthly finance reporting, not limited to standard costing, reconciliations, inventory management and factory assets

Oversee the preparation of financial forecasts for the factory incl. scenario calculation

Analyze the financial results against budget and provide commentary

Chair the cost meeting, drive cost control and report on all cost saving initiatives

Oversee the costing for new and existing products

Coordinate, prepare and report the factory budget

Coordinate, prepare and report the factory 5 years forecast (Mid Term Plan)

Review the financial implication of all factory inventory adjustments (inventory verification) and drive adherence to inventory governance

Review the monthly WIP movements and drive governance around i.e., confirmations and monthly recovery

Review the factory return on investment

Update and execute the factory finance strategy and ensure alignment to the Company strategy

Provide leadership and direction to the factory finance team i.e., career planning, KRA setting, training & development and performance feedback




CA (SA) or similar international qualification

CIMA – Advantageous



5-10 Years post qualified experience

Manufacturing / Automotive industry experience

Costing and management accounts experience

SAP experience (Advantageous)




A Consultant will be in touch if you are shortlisted for the position. Please consider your application unsuccessful should you not have been contacted within 2 weeks.  We will keep your CV on our database and contact you should you match the criteria of any other vacancies.


Please contact Melanie Els