About the position
Our client, a leader in their field, is recruiting for a Financial Manager to join their successful team. The successful candidate will be responsible for ensuring the reliability of accounting, managing the financial reporting of the company's subsidiaries, end-to-end project management of financial related projects, as well as providing advice and support to Management to enable them to make informed business decisions.
Responsibilities include:
Contribution to Strategy:
- Providing input and supporting the implementation of the Finance strategy that is aligned with the annual business strategy
- Communicating and executing action plans (i.e. specifications, timelines and budget)
Team Management:
- Establishing clear, specific and measurable objectives for the team and driving team delivery and contribution
Management Accounts and Statutory Reporting:
- Managing key financial processes such as CEO Report, Group Report, new accounting standards, annual budgets, quarterly forecasts and annual audits, etc.
- Managing various reports for the business (e.g. income statements, income statement, Exco reports and presentations, etc.)
Treasury Management:
- Managing all banking relationships, systems and payments
- Managing all store deposits and card transactions across the Africa countries
Stock and GP's:
- Ensuring accurate and timely recording, analysing inventory entries and monitoring effective Gross Profit %
- Reviewing and reconciling inventory export and import entries
Compliance Management:
- Ensuring compliance and relevant report back with regards to the South African Reserve and other relevant legislation (including VAT acts) pertaining to imports and export transactions
- Monitoring compliance to local in-country (in Africa) central bank legislation compliance and supporting Country Financial Managers to ensure compliance
Policies and Procedures:
- Maintaining agreed and standardised Treasury policies and procedures, including but not limited to minimum cash balances per annum, Counterparty risk and Repatriations priority etc.
Tax Management:
- Ensuring timely submission and payment of the various returns (VAT, PAYE, Tax, etc.)
- Ensuring accurate and on time accounting and reporting of Tax in line with IFRS and/or local GAAP
Ad hoc tasks and involvement in projects
Requirements:
- Qualified CA (SA)
- 5+ years' experience in Finance environment (of which at least 3 years' audit management experience)
- 3 years leadership/management experience (advantageous)
- Retail industry experience will be advantageous
- Knowledge of financial control environment and governance
- Understanding of the business, industry and economic environment and relevant role-players
- Knowledge of accounting for foreign currencies and consolidation is desirable
- Computer literacy: Advanced level (MS Office Software, Google Suite and Financial systems)
- Willingness to travel to Africa on an ad hoc basis
Desired Skills:
- Management Accounts
- Treasury
- Statutory Reporting
- Stock
- Compliance
- Tax
- Retail
- Management
- Financial Management
