Fmcg (Retail Supermarket Group) Financial Manager

The Recruitment Guy; KwaZulu-Natal; On-site; ZAR 40 000 - 80 000; Full time

Job summary

An established industry player in the FMCG sector is on the lookout for a skilled Financial Manager to join their vibrant team. This pivotal role involves overseeing financial operations, ensuring effective planning, control, and reporting to secure the organization’s long-term profitability. The ideal candidate will bring over five years of retail experience, a strong educational background in finance, and exceptional leadership skills. If you are ready to make a significant impact in a dynamic environment, this opportunity is tailored for you.

Qualifications

• 5+ years of experience in retail (FMCG) as a Financial Manager.
• Bachelor's degree in Finance or Accounting required.
• Strong leadership and financial reporting skills.

Responsibilities

• Oversee financial planning and reporting for Newcastle operations.
• Manage cash flow and ensure financial stability across stores.
• Supervise finance and administration team.

Skills

Financial Analysis

Inventory Management

Cost Control

Leadership

Communication Skills

Education

Bachelor's degree in Finance

HR experience

Tools

Sage Pastel

SAP

Sigma

EASY Accounts

MS Office

Job description

Industry: Retail / Fast Moving Consumable Goods

Ref No.

TRG Salary: Market related TCTC, available / negotiable
Start Date: As soon as possible

A leading FMCG Retailer is seeking an experienced Financial Manager to join their dynamic team.

The ideal candidate will be responsible for overseeing the financial and administrative duties of a local Newcastle operation, ensuring effective financial planning, control, and reporting across the operation.

This role is critical to ensuring the long-term profitability and financial health of the organization.

DUTIES & RESPONSIBILITIES:

1. Assisting in preparing management accounts up to Trial Balance
2. Assist with balance sheet preparation
3. Invoicing
4. Creditors
5. Debtors
6. Basic financial accounting responsibilities
7. Reports to General Manager, Group Accountant, and Head Office financial teams
8. Supervision of a small finance and administration team
9. In-depth knowledge of retail financial principles, inventory management, and cost controls
10. Ensure effective cash flow management across the store, maintaining liquidity and financial stability
11. Manage the company's credit and collections policies, ensuring timely payments from suppliers and customers
12. Monitor stock levels and work closely with the procurement team to optimize inventory turnover and minimize financial waste due to overstocking or understocking
13. Oversee payroll processing for all stores, ensuring accuracy and compliance with labor laws

EDUCATION, QUALIFICATION, EXPERIENCE & SKILLS:

• Minimum 5 years retail (FMCG) industry experience as a Financial Manager
• Bachelor's degree in Finance, Accounting, or a similar tertiary qualification
• HR experience (advantageous)
• Retail accounting system experience: Sage Pastel, SAP, Sigma, EASY Accounts
• Advanced MS Office proficiency (Word, Excel, Outlook)
• Local Newcastle residency required
• A positive attitude with an ambitious personality
• Exceptional financial analysis and reporting skills
• Strong leadership and team management capabilities
• Ability to work under pressure and meet tight deadlines
• Excellent communication skills, both verbal and written
• High level of attention to detail and accuracy

Application instructions: We will ONLY consider applications from suitably experienced candidates that meet the requirements of this vacancy.