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A leading logistics company seeks a Financial Manager responsible for overseeing the financial functions of Key Distributors. The successful candidate will manage reporting, budgeting, and compliance, while implementing policies to maintain internal controls. Strong interpersonal and analytical skills, alongside a Chartered Accountant qualification, are essential for this role.
The role reports directly to the Group Financial Director and on a dotted line to the Divisional Head.
It will assume full accountability and responsibility for the financial function of Key Distributors.
The purpose of the role is to manage the full financial function, including internal controls and reporting on financial performance, financial position, and cash flows of the business.
Key Responsibilities
Monthly management accounts and annual financial reporting
Coordinate and submit annual budgets to the Holding Company and undertake variance analysis against monthly management accounts
Manage day-to-day financial matters including :
Assistance in managing the debtors' book
Monthly and annual rebate control and reconciliation with all suppliers, including rebates due to the General Ledger account
Ensure that back-end supplier support, discounts, and rebates are received in accordance with agreements
Monitor supplier spend in relation to rebates based on set targets
Manage monthly accruals and creditors
Maintain and reconcile the General Ledger as required by reporting accountants
Calculate and reconcile VAT and income tax, and submit reports to the Holding Company
Ensure compliance with government statistics requirements
Prepare schedules and liaise regarding year-end audits
Reconcile inventory and monitor inventory aging to reduce inventory days and excess holdings
Identify financial risks, overspends, and areas for improvement
Analyze financial transactions to substantiate decisions
Develop and recommend policies and procedures to maintain internal controls
Guide accounting clerical staff and coordinate activities
Reconcile financial discrepancies through analysis
Follow internal controls to maintain financial security
Grade 12 (Matric)
Chartered Accountant or equivalent with relevant tertiary qualifications
At least 5 years of financial management experience in an FMCG environment
Skills Required
Strong interpersonal skills (verbal and written)
Ability to meet tight deadlines
Ability to work independently with limited oversight
Creative, willing to challenge current practices, and drive change
Accurate, honest, and ethical
Methodical and solution-oriented
Effective communicator to non-financial staff
Proactive, logical, and highly analytical
Additional Attributes
Willingness to embrace technology
Project management skills for IT and finance projects
Drive to assist with investigations, audits, and projects
Ability to advise the Divisional Head on strategic planning and management of Key Distributors