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Senior Finance Manager

Employer
Wabtec Corporation
Location
Kempton Park Kempton Park Ekurhuleni, South Africa
Salary
Competitive
Closing date
Sep 11, 2024
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Job Role
Finance Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Wabtec Corporation is a leading global provider of equipment, systems, digital solutions and value-added services for freight and transit rail. Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation and Faiveley Transport, the company has unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems. Wabtec is focused on performance that drives progress, creating transportation solutions that move and improve the world. Wabtec has approximately 27,000 employees in facilities throughout the world. Visit the company's new website at: http://www.WabtecCorp.com .
It's not just about your career... or your job title...it's about who you are and the impact you are going to make on the world. Do you want to go into uncharted waters...do things that haven't been done to make yours and someone else's life better? Wabtec has been doing that for decades and we will continue to do so! Through our people, leadership development, services, technology and scale, Wabtec delivers better outcomes for global customers by speaking the language of industry.
Senior Finance Manager - Kempton Park, South Africa
Role Summary/Purpose:
The role is responsible for the overall finance function for a manufacturing operation in the rail sector. The candidate will be responsible for the overall budgeting/financial forecasting, manufacturing and operational finance, reporting, controllership, and statutory compliance. He/She will serve as the key business partner to the Site Director and his core staff to drive execution, manage cost and working capital management. There will also be a string emphasis on simplification/process improvement across the operation.
Essential Responsibilities:
- Lead the annual budgeting and monthly + quarterly forecasting/estimates and pacing (orders, sales, cost, margins, CFOA) in partnership with the commercial and operating teams, as well as divisional HQ stakeholders
- Partner with the sales director and support the commercial/tendering process ... critically evaluate tender economics, ensure completeness/accuracy of inputs and reasonableness of assumptions including local content requirements
- Partner with the managing director and support the operational team (project management, planning, sourcing, supply chain, warehouse, manufacturing) drive execution and on time customer deliveries
- Provide thought leadership and insights around risks and opportunities to the commercial and operating teams to ensure that these are quantified, and appropriate mitigations or actions implemented and tracked
- Lead the financial close and reporting process monthly + quarterly, ensuring the process is completed timely and accurately, including on time reporting in line with the divisional and corporate reporting calendars
- Supervise the activities of the site finance team (2) performing various finance cycles (production accounts, inventory accounts, accounts receivable, accounts payable, general ledger, account reconciliations, bank/cash, fixed Assets, etc.) to ensure they are performed timeously, complete, and accurately
- Manage tight working capital needs for the operation including on time customer collections, managing supplier payments, and intercompanies.
- Oversight of cash/bank to ensure appropriate processing and approval of transactions, including the monthly payroll for the group
- Support the development and implementation of simplification initiatives across the business with clear cost/benefit insights
- Partner with local, regional, and global support functions (HR, Treasury, Statutory, Localization, 3rd parties) to ensure successful and on time completion of deliverables and implementation of various group initiatives.
- Prepare board of directors' packs and attend board meetings to communicate the business's performance, risks, and opportunities.
Qualifications/Requirements:
- Bachelor's degree from an accredited university in Accounting, Finance
- At least 10 years of experience in Finance roles (financial planning & analysis, operational/manufacturing finance is critical, controllership/statutory compliance)
- Experience in the financial aspects of industrial projects/programs such as long-term contract management, accounting, and reporting
- Presentation and communication skills, fluent in English language (writing, reading, speaking, listening), advanced PowerPoint presentation skills
- Strong analytical and problem-solving skills to support data-based decision making
- Knowledge and preferably previous experience working with GAAP standards
- Must have legal authorization to work in South Africa
Desired Characteristics:
- Chartered Accountant or other similar/related accreditations
- Previous work experience at Big 4 audit companies
- Previous experience working with Oracle ERP systems
- Ability to work in Matrix Organization (divisions, functions, regions)
- Strong oral and written communication skills
- Strong interpersonal and leadership skills
Wabtec Corporation is committed to taking on the world's toughest challenges. In order to fulfill that commitment we rely on a culture of leadership, diversity and inclusiveness. We aim to employ the world's brightest minds to help us create a limitless source of ideas and opportunities. We believe in hiring talented people of varied backgrounds, experiences and styles...people like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know.

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