Divisional Finance Admin Manager

Clicks Group; Cape Town; On-site; ZAR 900,000 - 1,100,000; Full time

Job summary

Clicks Group is seeking a senior finance leader to coordinate the division's annual budget and forecasts, monitor performance, and drive continuous improvement. You will compile monthly statements, analyze deviations, and work with operational managers to improve profitability while ensuring compliance with internal controls and policies.

The role requires CA (SA) / CIMA / B.Com equivalent and 3+ years heading a sizable finance function in retail or FMCG, with strong stakeholder influence and

Qualifications

• Essential: CA (SA), CIMA, B.Com (Finance or Accounting) or B. Compt
• Minimum 3 years heading up a sizable finance function as a management accountant
• At least 3 years in a financial managerial role
• Minimum 3 years exposure within retail or FMCG
• Minimum 3 years staff management and stakeholder influence
• Desirable: Exposure to SAP, SCM and MMS

Responsibilities

• Coordinate and plan the division’s annual budget and forecasts to meet objectives
• Compile monthly financial statements and reviews, flag deviations and drive actions
• Monitor divisional performance, analyse trends and report weekly results
• Participate in scorecard meetings to drive continuous improvement
• Identify profitable opportunities and drive cost saving initiatives
• Ensure compliance with financial policies, controls and audits
• Ensure balance sheet reconciliations are performed and reviewed monthly
• Assist with special projects including acquisitions and system integration
• Equip managers with financial understanding to support sound decisions
• Engage stakeholders to improve divisional profitability
• Maintain audit readiness and address audit findings

Skills

Analytical skills

Planning and organising

Delivering results

Presenting and communicating

Persuading and influencing

Decision making

Financial analysis

Education

CA (SA)

CIMA

B.Com (Finance or Accounting)

B. Compt

Tools

SAP

SCM

MMS

Job description

To improve the profitability of the business unit by managing and coordinating the operational financial activities and ensuring adherence to financial and budget requirements and compliance with business policies and procedures.

Job Objectives

• To co-ordinate and plan the division’s annual budget as well as forecasts within the agreed business objectives to ensure the division meets its annual financial performance.
• To compile the division’s monthly financial statements and business review reports, clearly indicating deviations to targets and drive investigations and appropriate actions needed to be taken by the operational managers.
• To monitor divisional performance, identify and analyse trends and report on weekly performance and drive appropriate actions through operational managers.
• To participate in scorecard meetings to ensure continuous improvement.
• To identify profitable business opportunities and drive cost saving initiatives in the division.
• To ensure compliance to financial policies and procedures, thereby ensuring compliance with internal controls and reducing risk within the division together with satisfying the internal and external auditors’ recommendations.
• To ensure that all relevant balance sheet reconciliations are performed and reviewed monthly.
• Assist with and special projects that come along these would include but are not limited to acquisitions. This would entail assisting with the valuation, due diligence, onboarding, assessment of controls, system integration and process implementation.
• To equip operational managers with the understanding and knowledge of financial statements and principles in order to ensure that management can make sound business decisions.
• To manage the financial administrative functions within the division, ensuring compliance with legislation and business policies and procedures and financial controls.
• To effectively engage, persuade and influence stakeholders to improve divisional profitability.
• Ensure all financial records and documentation are audit ready and comply with relevant standards and regulations.
• Manage the audit request list and ensure timely submission of audit requests.
• Address and resolve any audit findings or recommendations.

Education and Experience Requirements:

• Essential: CA (SA), CIMA, B.Com (Finance or Accounting) or B. Compt
• Minimum 3 years’ experience heading up a sizable finance function as a management accountant
• At least 3 years’ experience in a financial managerial role
• Minimum 3 years exposure within the retail or FMCG industry
• Minimum 3 year exposure to staff management and working with and influencing stakeholders
• Desirable: Exposure to SAP, SCM and MMS

Job Knowledge and Skills Required:

• General accounting principles and standards
• Computer literacy (Microsoft office)
• Analytical skills
• Deciding and Initiating Action
• Adhering to Principles and Values
• Persuading and Influencing
• Presenting and Communicating Information
• Analysing
• Planning and Organising
• Delivering Results and Meeting Customer Expectations