Job Title
Financial Manager JHB Pharmaceutical industryEmployment Type
Full TimeExperience
5 to 10 yearsSalary
NegotiableJob Published
21 January 2025Job Reference No.
1291357695Job Description
My client a leader in the Pharmaceutical industry is looking for a seasoned Financial Manager JHB. If you have solid experience in this field please send me your full CV and salary Requirements
Main Purpose of Job
- As a Financial Manager with a specialized operational focus in the pharmaceutical industry, you will play a critical role in ensuring the financial health and operational efficiency of our organization.
- You will be responsible for overseeing and optimizing financial processes, cashflow management, analyzing operational data, and providing strategic insights to drive business performance and profitability.
- You will oversee the financial activities within the organization, ensuring sound financial planning, reporting, and analysis.
- The Financial Manager will collaborate with cross-functional teams to support strategic decision-making, drive financial performance, and ensure compliance with industry regulations.
Key Performance Areas (Core, essential responsibilities –outputs of the position)
· Financial Planning and Analysis:
o Oversee the preparation of monthly management reports including variance analysis to assess the company's financial health and to support strategic decision-making.
o Analyse financial performance, identify trends, and provide actionable recommendations to improve operational efficiency and profitability.
o Conduct variance analysis and prepare regular reports for senior management to track key financial metrics and performance against targets and budgets.
o Prepare financial forecasts and annual budgets.
· Operational Efficiency:
o Collaborate with cross-functional teams, including Supply Chain, Sales and operation, to identify opportunities for cost optimization and process improvement.
o Analyse operational data and performance metrics to identify areas of inefficiency and develop strategies to streamline and automate processes and reduce costs.
o Implement best practices and continuous improvement initiatives to enhance operational efficiency and maximize resource utilization.
· Strategic Financial Management:
o Collaborate with senior management to provide financial insights and support for strategic planning.
o Evaluate investment opportunities and assess their financial impact on the organization.
o Participate in the development and execution of financial strategies to enhance profitability and shareholder value.
· Cash Flow Management:
o Monitor and manage cash flow, liquidity, and working capital to support operational needs.
o Implement effective cash management strategies and optimize the use of financial resources.
· Annual Financial Audits:
o Manage annual financial audits for all companies and liaising with auditors.
o Collation of all supporting documents for Annual financial statements
· Team Leadership and Development:
o Lead and mentor a team of financial analysts, providing guidance, feedback, and professional development opportunities to foster growth and enhance performance.
o Foster a collaborative and supportive work environment that encourages teamwork, innovation, and continuous learning.
Minimum Requirements
EDUCATION
- CA (SA) or CIMA
Preference for candidates from :
· UCT
· UJ
· University of Pretoria
· Wits
EXPERIENCE.
- Post articles experience – min 5-10 years outside of auditing
- Proven experience as a Financial Manager with experience in financial management, analysis, and reporting.
- Strong understanding of financial principles, including financial planning, budgeting, forecasting, and cost analysis.
- Proficiency in financial modeling and data analysis tools (e.g., Excel, ERP systems) with the ability to interpret complex data sets and generate actionable insights.
- Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and present financial information to senior management.
- Demonstrated leadership and managerial skills, with a track record of leading and developing high-performing teams.
- Strategic thinker with the ability to translate financial analysis into actionable strategies and drive business results.
- Detail-oriented with a strong commitment to accuracy, integrity, and compliance.
SKILLS/PHYSICAL COMPETENCIES
- Advanced Excel
BEHAVIOURAL QUALITIES
- Excellent analytical and strategic thinking skills.
- Proficient in financial modelling and forecasting.
- Drive, sense of urgency.
- Excellent attention to detail and organizational skills
- Effective communication and interpersonal skills.
- Ability to work independently and as part of a team