Financial Manager - ITB
Novus Holdings Ltd · KwaZulu-Natal
Stop applying one at a time.
JobAlertsZA auto-applies to South African jobs like this one for you, overnight. Upload your CV once — we do the applying.
Start free — we apply for you →Introduction
- ITB, a division of Novus Holdings, is currently seeking to appoint a CMA-qualified financial professional to lead the finance department and manage all finance-related functions, including taking ownership of all cost accounting functions, ensuring accurate reporting, and providing management with the insights needed to make profitable, data-driven decisions.
Job description
- Generate accurate and complete reports according to management and business needs to support strategic financial decisions
- Develop, implement, and improve new and current product costing models to ensure accurate and reliable cost data across all product lines
- Conduct variance analysis materials, labour, overheads, explain deviations to management and recommend changes to BOM
- Partner with operations and procurement to track wastage, yield, and efficiency measurements
- Provide cost simulations and profitability analysis for tenders, pricing, and new product development
- Analyse financial data to identify trends, variances, and root causes; evaluate multiple scenarios and recommend alternative solutions to improve operational efficiency, mitigate risk, and support strategic decision-making.
- Lead the preparation of annual budgets and rolling forecasts, with emphasis on cost control in line with growth strategies
- Manage inventory valuation, WIP reporting, and stock reconciliations, ensuring alignment with IFRS and company policies
- Prepare and deliver accurate monthly cost reports, margin analysis, and management insights
- Support operational teams with KPI dashboards and ad-hoc financial analysis
- Work closely with senior and middle leadership to identify cost-saving initiatives and efficiency projects across the business
- Ensure monthly management accounts are accurate and on time
- Lead Finance team through both internal and external Audits
- Prepare and present annual financial budget and quarterly forecasts
- Coordinate projects such as BEE verification that requires collection of data.
Minimum requirements
- CMA qualification essential
- Bachelor's degree in accounting, Finance, or related field.
- Minimum 5 years' experience in cost accounting in a manufacturing or packaging environment.
- ERP experience in Syspro with advanced Excel skills – added advantage
- Strong knowledge of costing methods standard & absorption cost
Deadline:28th August,2026