Financial Manager
Listing reference: grind_000679
Listing status: Online
Apply by: 5 August 2026
Position summary
Industry: Distribution, Transport & Logistics
Job category: Rail Freight
Location: South Africa
Contract: Permanent
Remuneration: Market Related
EE position: No
Introduction
To ensure that the Finance function is supported through the provision of specialist input, to ensure that all financial requirements and compliance are met in the Grindrod Rail division. This position will be based in Durban or Pretoria, South Africa.
Job description
Budget Process:
Ensure that Business Unit Managers are supported in budget preparations.
- Preparation of budget file- all information.
- Issue timetable.
- Assist with queries.
- Assessreasonableness of forecasts.
- Consolidate budgets.
- Deadlines are met.
- Budgets are realistic and support strategic plans.
Management Accounts:
Review management accounts incorporating:
- Incomestatement analysis.
- Provide management information to the CEO related to cost saving and revenue improvement potential.
- Review of income statement and balance sheet for Rail companies.
- Balancesheet reconciliations.
- On time and accurate in a format acceptable for distribution to Directors and shareholders.
- Information results in management action.
Financial Reports:
Prepare financial reports incorporating:
- Routinereports- debtor / credit management, monthly management accounts, cash flow forecasts and stock reports.
- Ad hoc reports as required.
- On time,accurate and user-friendly.
Annual Audits:
Prepare for and coordinate interim and annual audits.
- Lead schedules.
- Interact with auditors- provide background and address queries, assist with systems checks.
- Documentation requirements.
- Prepare anannual year-end pack for Rail companies.
- Scrutinise annual financial statements.
- Confirmcorrectness of tax computation.
- Challenge issues raised.
- Unqualified audit.
- Deadlines met.
- Accurate information.
- Proactive and comprehensive preparation- optimisation of Auditor time.
Compliance:
- Ensure both internal policies, rules and procedures as well as legislation and best
- practice principles are complied with.
- IFRS, tax legislation, Companies Act, NCA, compliance.
- Advise internal “clients” on policy and procedure matters.
- Monitor and report on compliance.
- Remain current with legislation.
- Company is not exposed to non-compliance risks.
Projects:
- Undertakefinance-related projects as required- in support of operations.
- Accurate and on time.
Creditors:
- Complete and review of credit applications.
- Analyse supplier profiles and identify cost-saving potential.
- Reconcile monthly, identify / resolve variances, identify variance origin.
- Approve vendor onboarding forms.
- Release payments.
Stock:
- Checkstock–adhoc, review stock take, identify opportunities to optimise stock.
- Attendstock counts of the Rail companies and ensure compliance with group
- policies and procedures.
Expense analysis:
- Challenge costs / necessity of.
- Carryoutaccrual forecasts.
Inter-company accounts:
- Reconcile monthly, confirm balances and settlements.
- Accurate and on time.
HR Reconciliations:
- Check for variances and ensure resolutions are actioned.
- Accurate and on time.
Other:
- Ensure adherence to credit management controls.
- Ensure viability of debtors- accurate invoicing as per contract, meet customer invoicing requirements.
- Ensure collection as per credit terms.
Fixed assets:
- Maintain FA and tax registers.
- Ensure correct capitalisation / depreciation rates applied.
- Capex levels complied with.
- Expenditure as per budget.
Long-term liabilities:
- Source finance at preferential rates.
- Setup contracts.
- Utilise cash to settle loans.
Bank:
- Provide acash management service- excess cash optimally invested.
- Review bank guarantees, commissions, credit facilities.
- Ensure integrity of signatories and accuracy.
Tax:
- Compute annual tax, prepare returns, make payments, ensure compliance,attend to SARS queries.
- Test VAT balancing to GL, submit monthly VAT returns, check reasonableness of VAT computation.
Financial reporting:
- Consolidate pack for distribution to Execs and shareholders.
- Coordinate and consolidate budgets.
System:
- ApproveamendmentstoSAPmaster data (customers, vendors, spend categories,materials etc.).
- Consider access rights to roles and transactions on SAP with a view to mitigate risk.
- Assist with SAP implementation projects.
Staff Management:
- Provides leadership and direction to the Department.
- Ensures that there is clear focus and co-ordination of all activities.
- Ensures that there are clearly communicated performance standards and objectives.
- Ensures an integrated and cohesive approach to all activities through effective teamwork.
- Sets standards for individual and overall performance and takes steps to ensure it operates as a high performance and effective team.
- Monitors andprovides regular feedback on individual performance and takes appropriate action where necessary.
- Provides role clarity to staff and makes available necessary tools to facilitate performance.
- Implements and ensures adherence to policies.
- Assesses staffing requirements on an ongoing basis, appoints appropriately qualified personnel and ensures that they are fully utilised in terms of their skills set and experience.
- Devise and implement staff training and development plans.
- Acts as a coach and mentor to staff.
- Ensure staff are trained and motivated.
Minimum requirements
Qualification / s
- CA (SA)
- BCOM or relevant
Experience
- 5-7 years experience with 3 years in Finance Management.
- Experience working with international companies.
- Must have a strong understanding of tax structures for cross border businesses.
Job Specific Requirements
- Demonstrates a comprehensive and thorough knowledge and understanding of accounting principles, practice and procedures and able to relate these to business / operational requirements.
- Numeracy and attention to detail.
- Demonstrates well developed analytical ability.
- Demonstrates the ability to communicate meaning, relevance and implications of financial information to non-financial people.
- Demonstrates commitment to teamwork, service, integrity and confidentiality.
- Able to interpret financial information, identify opportunities for adding value and facilitate practical implementation.
- Demonstrates the ability to engage with, motivate and encourage team members in the achievement of results, through initiative and taking responsibility.
- Demonstrates ability to prioritise and plan work, handle a diversity of tasks simultaneously, meet deadlines consistently, manage projects and cope under pressure.
- Decisive.
- Internal (team) interaction (information, support, advice). All managers and staff.
- External interaction (information, support, advice, persuasion / negotiation). Customer, suppliers, auditors, attorneys, SARS, statutory bodies, debtors.
- Extensive travel requirements to cross-border countries.