Finance Director Mr Price Money

Mr Price; KwaZulu-Natal; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

A leading financial services firm in KwaZulu-Natal seeks a Finance Director to direct financial resources and maintain financial health. Candidates should possess CA (SA) and over 10 years of management experience in finance. Responsibilities include strategy development, budgeting, team leadership, and compliance with audit requirements. This role demands strong analytical and leadership skills, along with a comprehensive understanding of the financial services industry.

Qualifications

• 10+ years' experience in a senior management finance role.
• Experience in the Financial Services industry.
• Strong communication skills.

Responsibilities

• Lead the finance team in financial practices.
• Compile annual budget in line with group framework.
• Approve and release payments timely.

Skills

Financial planning and budgeting

People management

Leadership and development skills

Risk management

Analytical ability

Education

CA (SA)

Tools

Advanced proficiency on Excel

Job description

Job Description

The Finance Director leads, directs, and controls Mr Price Money's financial resources to maintain its short and long-term financial health.

Reporting to the MD, you form part of the management team where you offer valuable support in commercial decision making and in the modelling of opportunities for exponential growth for the division.

Responsibilities

Strategy

Contribute to the development of the Company strategy and ensure communication & a clear understanding thereof throughout the finance team. Develop the 5-year financial model in line with Group requirements for submission with the strategy document. Provide support/guidance to the senior management team to ensure business strategy and commercial plans are aligned with the financial objectives. Compile annual budget in line with group framework & divisional strategy. Remain abreast of competitor performance and results. Compile divisional KPI's and Risk Register and the regular reporting on progress.

Reporting

Compilation and submission of reports weekly, monthly, at half year, year-end and annually (e.g. Group financial reporting pack - GMB, Management reports, board pack, half year & year-end financial packs, annual budget packs, weekly stock ageing etc.).

Internal / External Audit

Ensure that the finance team complies with all internal / external audit requirements. This includes preparing working papers at half and year-end as well as attending any necessary meetings.

Payments

Approve and release payments to ensure all invoices are paid timeously. This includes suppliers, monthly salaries, ad hoc payments, approval on banking platforms.

People team leadership

Lead the Finance team in the successful workflow of financial practices including all the above areas of responsibility to meet all finance deadlines. In collaboration with HR, identify and drive training needs, coaching and development with a key focus on Talent management and succession planning, including effective performance feedback to achieve high performance teams.

General administration

Ensure effective control of all costs, cashflow management and other finance efficiencies (e.g. monthly forecasting of sales & expenses, review of merchandise one-liner, stock levels, stock ageing, authorizing of store feasibilities, annual insurance renewals etc.) to maintain the businesses general administration.

Risk Management & Financial decisions

Contributing to informed investment decisions. Identify risks and/or changes that may impact our industry and managing this appropriately.You would perform the role of divisional Risk champion.

Qualifications

• CA (SA)
• 10+ years' experience in a senior management finance role
• Financial Services industry experience
• Knowledge and experience of the following: Accounting, Commercial intelligence, Financial planning and budgeting, Process knowledge, People management, Intermediate to Advance proficiency on Excel, Communication skills, Leadership and development skills, Analytical ability, Risk management, Market intelligence/awareness