Financial Manager

Thursday, 23 May, 2024
anonymous    
Franschhoek  

We are looking for a Financial Manager who will play an integral role in contributing to the success of a fast-growing business! This role is for a popular wine estate who is dedicated to producing world-class wines, therefore passion for the wine industry is needed.

The role will include:

Financial Oversight & Reporting:

  • Manage the entire financial cycle for the winery, including budgeting, forecasting, and financial statement preparation (income statement, balance sheet, cash flow statement).
  • Ensure compliance with Generally Accepted Accounting Principles (GAAP) for the wine industry
  • Oversee accounts payable, receivable, and payroll functions.

Financial Planning & Strategy:

  • Create and manage annual budgets, incorporating production forecasts, sales projections, and marketing plans.
  • Develop long-term financial models to support business growth initiatives.
  • Prepare financial feasibility studies for capital expenditure projects (e.g., new equipment, vineyard expansion).

Cost Management & analysis:

  • Analyze production, distribution, and marketing costs to identify areas for cost savings and improvement.
  • Develop and monitor cost-effective strategies for grape sourcing, winemaking, and inventory management.
  • Implement cost controls and variance analysis procedures.

Industry & Regulatory Knowledge:

  • Stay up-to-date on industry trends, regulations, and tax implications specific to wineries.
  • Oversee compliance with alcohol and beverage control regulations.

Qualifications, Skills & Attributes needed:

  • Bachelor Degree in Accounting or Finance – CPA or CMA Certification bonus!
  • 3+ Years’ Financial Management experience gained within the Wine industry
  • Excellent understanding of cost accounting principles and inventory management practices
  • Proficiency in financial modeling and forecasting software – Excel; specialized winery software
  • Impeccable communication skills & able to collaborate easily with various departments
  • Ability to work independently while managing multiple priorities in a fast-paced environment

If the above aligns with your experience, we look forward to receiving your application!