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Financial Director - Africa Region

Location : Johannesburg, South Africa
Job Type : Permanent

Job Type: Permanent / Full Time

Heavy Earthmoving Equipment (HME) / Mining & Construction / OEM / Sales

Job Code: 6410

Cowan South Africa is recruiting a Financial Director – Africa Region for this well-known international Original Equipment Manufacturer and Distributor of Heavy Earthmoving and Construction Equipment, Sales Division. Our client offers a comprehensive line-up of quality products and parts and reliable service to meet all of their clients’ needs.
Reporting to the Group Financial Director, the Financial Director will be a key member of the Africa Sales Region’s leadership team and will work as business partner to the Managing Director. The incumbent will be fully responsible for the financial management of the Region and will operate within the framework of the Group’s policies, procedures, controls frameworks and schedule of authorities. The Region comprises of 6 African countries.


Strategy and Business Management: Provide expert insight and direction to the operations on all financial matters to ensure decisions are based on data with financial integrity and contribute to strategic plan development for the region.
Policies, Procedures and Controls: Manage compliance by the operations with group policies and procedures, controls frameworks and schedules of authorities.
Analysing, Recording and Reporting for all operations: Manage reporting in compliance with the group requirements, format and deadlines and in accordance with IFRS and the group accounting policies, manage all financial accounting and transaction processing activities of all operations, oversee tax compliance, visit the African operations at least quarterly to oversee local financial management.
Risk Management: Identify and manage risks timeously and measure and report risk exposure within group framework
Finance Team Management: Ensure that the operations are resourced with adequate and appropriately skilled financial staff; manage the performance of the finance workforce against approved KPA’s which are aligned with the group financial controls frameworks.
Budgeting and Forecasting: Identify opportunities for improved financial performance, prepare financial forecasts and manage the budget process for all operations, including reviewing and approving budgets, in line with the requirements of the group budget process.
Working capital management: Manage liquidity of operations and their investment in working capital, manage and control sales demand on the factory, oversee credit management and manage interaction and co-operation with group treasury function.
Stakeholder Management: Manage relationships with group functions; manage shareholder relationships, financial institution relationships, regulatory, compliance bodies and external audit relationships as well as corporate governance jointly with Managing Director

A South African citizen (non-negotiable) and preferably from a historically disadvantaged community Currently – or recently - in a similar role and willing to travel regularly 

-CA (SA) qualification - a strong advantage
-5 - 10 years’ experience in a similar environment (senior management level)
-Hands on approach - must be willing to travel frequently to African countries in region.
-Strong IFRS knowledge and experience
-Sound financial management, budget, working capital and cash flow management experience
-Excellent analytical and problem-solving skills
-Sound people and communication skills
-Positive attitude and team player at both regional and group level.
-SAP experience an advantage

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