EXECUTIVE SEARCH STATUS:

COMPLETED

POSITION:

NATURE OF BUSINESS:

JOB LOCATION:

Financial Director

FMCG Manufacturing and Distribution Company

Johannesburg

 

REPORTS TO: Managing Director

 

TOTAL STAFF RESPONSIBILITY: 20

 

SUMMARY OF EXECUTIVE OPPORTUNITY:

As one of the two statutory directors of the South African subsidiary of a Global Fast Moving Consumer Goods Group, the role brings with it the combination of financial and governance responsibility with strategic leadership and implementation alongside the Managing Director. This will include: developing the finance strategy; delivering world class financial reporting; assisting in the achievement of annual EBIT and cash flow targets, as well as driving change in the finance function and in the business.

 

 

GROUP BACKGROUND:

South African subsidiary of Global Fast Moving Consumer Goods Group

 

 

KEY EXECUTIVE ATTRIBUTES REQUIRED:

  • 10 to 15 years of professional experience in a financial division, culminating in a Finance Director position preferably in a multinational FMCG company, delivering both production and marketing outputs
  • Should currently be/have been the Head of Finance of a company or division with an annual turnover in excess of R1 billion
  • A working knowledge of business planning/controlling and experience in Finance Information Systems and cross-functional teams is essential
  • Should exhibit a strong management accounting track record
  • Experience in auditing with one of the Big 4 Companies would be an advantage
  • Should ideally have had international assignment experience

KEY JOB PERFORMANCE AREAS:

  • Understand the business and be able to contribute strategically to overall business thinking supported by fundamental financial insight
  • Convert strategy down to investment and operational decisions and prioritisation
  • Ensure optimisation of the financial performance of all functions, including Sales and Marketing, Supply Chain and Industrial
  • Realise adequate financial analysis and initiate necessary action plans
  • Conduct financial analysis and benchmark studies
  • Regular monitoring of the Business Unit's scorecard including specific Key Performance Indicators
  • Ensure internal and external performance planning and reporting processes on each horizon. Drive the strategic planning process
  • Manage accounting up to year-end closing according to Group rules and in respect of local statutory and fiscal laws
  • Ensure compliance with internal/external regulations in terms of payments/treasury
  • Optimise cash-flow
  • Ensure that all Group Internal Control practices are in place and are followed by the company
  • Drive governance and sound business ethics throughout the company
  • Manage functionally the Information Systems/Information Technology Division (hierarchical report is to the Group)