Financial Manager

Pedros; Durban; On-site; ZAR 600 000 - 900 000; Full time

Job summary

A well-known retail organization in Durban is looking for a Financial Manager. The successful candidate will oversee finance and accounting operations, ensuring compliance and leading a finance team. You should have significant experience in financial leadership, a degree in finance or accounting, and knowledge of ERP systems like Sage. This role is crucial for developing financial policies and managing budgets effectively.

Qualifications

• Minimum of 5 years in a leadership role managing a team of 10 or more.
• 7 years’ experience in the finance and accounting field.
• Strong understanding of IFRS.

Responsibilities

• Overseeing the Finance and accounting operations.
• Developing and implementing financial policies.
• Managing budgets and identifying cost-cutting opportunities.

Skills

Leadership

Financial Reporting

Compliance

Budget Management

Process Improvement

Sage 200 or similar ERP

Education

Degree in finance, accounting, auditing or related field

Tools

Sage 200

Sage Evolution

GAAP

Micros

Job description

Job Description

The Financial Manager will be responsible for overseeing the Finance and accounting operations of the Pedros organisation.

Duties And Responsibilities

• Developing and implementing policies and standard operating procedures within the finance department
• Managing and maintaining the accounting systems
• Overseeing the accounting function including financial reporting
• Leading and managing a finance division team, providing guidance, performance management and support
• Managing the accounts receivable function
• Ensuring tax compliance and compliance with statutory regulations
• Implementing and enhancing financial controls and ensuring best practices are applied
• Managing the audit process by liaising with external and internal auditors to ensure all audit requirements are met
• Managing budgets, variance analysis, identify, implement cost-cutting and process improvements related to finance
• Identify opportunities and implement solutions to integrate technology into core financial operations for better scalability
• Collaborate cross-functionally to drive efficiency, innovation, and financial discipline

Requirements

• A degree in finance, accounting, auditing or related field.
• Minimum of 5 years in a leadership role (manage a team of 10 or larger) and 7 years’ experience in the finance and accounting field
• Certification in Sage 200 or similar ERP systems is advantageous
• A strong understanding of IFRS
• Knowledge of compliance to relevant tax legislation
• Knowledge of the finance function in the retail and/or FMCG industries will be advantageous
• POS - GAAP / Micros knowledge, including WMS systems and ERP systems such as Sage Evolution
• Valid driver’s licence

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