Finance Specialist - - Midrand

Key Responsibilities:

Financial Analysis: Conduct in-depth financial analysis to assess performance, identify trends, and evaluate opportunities for improvement. This includes analyzing key performance indicators (KPIs), financial statements, and operational data.
Budgeting and Forecasting: Collaborate with cross-functional teams to develop annual budgets and forecasts. Monitor budget performance, identify variances, and provide recommendations for corrective actions.
Cost Management: Manage and control costs across various functions such as production, procurement, and distribution. Implement cost-saving initiatives while maintaining quality standards.
Financial Reporting: Prepare accurate and timely financial reports, including income statements, balance sheets, and cash flow statements. Ensure compliance with accounting standards and regulatory requirements.
Capital Investment Analysis: Evaluate investment opportunities in new projects, equipment, or technologies. Conduct feasibility studies, ROI analysis, and risk assessments to support investment decisions.
Tax Planning and Compliance: Work closely with tax advisors to develop tax strategies that optimize the organization's tax position. Ensure compliance with tax regulations and filing requirements.
Financial Risk Management: Identify and assess financial risks, such as currency fluctuations, interest rate exposure, and credit risk. Develop risk mitigation strategies and monitor risk exposure.
Financial Controls: Establish and maintain internal controls to safeguard assets, ensure accuracy of financial data, and prevent fraud. Conduct regular audits to assess compliance with internal policies and procedures.
Strategic Planning: Contribute to the development of long-term strategic plans by providing financial insights and analysis. Support decision-making processes by evaluating the financial implications of strategic initiatives.
Stakeholder Communication: Present financial analysis, forecasts, and recommendations to senior management, board members, and other stakeholders. Clearly communicate financial performance, risks, and opportunities.

Qualifications:

Bachelor's degree in Finance, Accounting, Economics, or related field. Advanced degree (e.g., MBA, CFA) preferred.
Proven experience in financial analysis, budgeting, and strategic planning, preferably in the automotive industry.
Strong understanding of accounting principles, financial markets, and regulatory requirements.
Proficiency in financial modeling, data analysis, and ERP systems (e.g., SAP, Oracle).
Excellent communication and presentation skills, with the ability to convey complex financial concepts to non-financial stakeholders.
Analytical mindset, attention to detail, and problem-solving skills.
Ability to work effectively in a fast-paced, dynamic environment and manage multiple priorities simultaneously.
This job description outlines the core responsibilities and qualifications expected of a Finance Specialist in the automotive industry. Depending on the specific organization and role, additional duties and requirements may apply.

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