Job summary

Job Ref:
BEE Position:
Cape Town, South Africa, Africa
Job type:
Full time

Financial Manager

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About this job


Our client is seeking an experienced FM who has experience within a commodity trading environment, with extensive exposure to multinational management reporting. You will be required to develop a consistent and comprehensive set of internal controls for the trading operations that will improve the financial and commercial support provided to the business, whilst ensuring effective risk management and Value at Risk monitoring.


Key Result Areas

  • Preparation of end of day valuation, P&L attribution, Balance Sheet and cash flow control for the specific trading division
  • Partner with the trading leadership team covering Front, Middle and Back Office to provide support on all finance related matters
  • Establish effective credit management in conjunction with Group Finance Director to effectively control exposure to suppliers and customers.
  • Ensure that all inter-company balances are agreed with group-finance within agreed timescales to support the fast close of monthly accounts.
  • Provide timely and accurate documentation required by banks to ensure compliance with their requirements and continuity of credit lines.
  • Lead the project to integrate the relevant financial and/or ERP systems and applications to ensure the automation of front to back workflow is implemented across the division.
  • Prepare statutory accounts in accordance with agreed accounting principles and in accordance with agreed internal and external timescales.
  • Ensure that Hedging transactions are properly accounted for and that trading exposure is monitored and reporting to senior management.
  • Responsible for the full accounting functions of some of the group companies as well as supporting the Group FD with day to day ad hoc functions within the finance team.

Skills Required


  • BCom Accounting degree (South African)
  • Completed SAICA Articles

Essential Skills and Experience

  • Min 5 years’ experience in managing a team.
  • Experience in a physical commodity trading environment is a bonus
  • Experience in preparing multicurrency financial statements for audit purposes
  • Multinational reporting and management essential
  • Working with complex tax structures essential
  • Microsoft dynamics processing essential
  • Management reporting experience essential
  • Work independently without supervision essential
  • Multinational experience (an advantage)


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