Financial Manager

Professional Recruitment Network
Parow
ZAR 600 000 - 1 000 000
Job description

Our client, a leader in their field, is recruiting for a Financial Manager to join their successful team. The successful candidate will be responsible for ensuring the reliability of accounting, managing the financial reporting of the company's subsidiaries, end-to-end project management of financial related projects, as well as providing advice and support to Management to enable them to make informed business decisions.

Responsibilities include:

Contribution to Strategy:

  • Providing input and supporting the implementation of the Finance strategy that is aligned with the annual business strategy.
  • Communicating and executing action plans (i.e. specifications, timelines and budget).

Team Management:

  • Establishing clear, specific and measurable objectives for the team and driving team delivery and contribution.

Management Accounts and Statutory Reporting:

  • Managing key financial processes such as CEO Report, Group Report, new accounting standards, annual budgets, quarterly forecasts and annual audits.
  • Managing various reports for the business (e.g. income statements, Exco reports and presentations).

Treasury Management:

  • Managing all banking relationships, systems and payments.
  • Managing all store deposits and card transactions across the African countries.

Stock and GP's:

  • Ensuring accurate and timely recording, analysing inventory entries and monitoring effective Gross Profit %.
  • Reviewing and reconciling inventory export and import entries.

Compliance Management:

  • Ensuring compliance and relevant report back with regards to the South African Reserve and other relevant legislation (including VAT acts) pertaining to imports and export transactions.
  • Monitoring compliance to local in-country (in Africa) central bank legislation compliance and supporting Country Financial Managers to ensure compliance.

Policies and Procedures:

  • Maintaining agreed and standardised Treasury policies and procedures, including but not limited to minimum cash balances per annum, Counterparty risk and Repatriations priority.

Tax Management:

  • Ensuring timely submission and payment of the various returns (VAT, PAYE, Tax).
  • Ensuring accurate and on time accounting and reporting of Tax in line with IFRS and/or local GAAP.

Ad hoc tasks and involvement in projects.

Requirements:

  • Qualified CA (SA).
  • 5+ years' experience in Finance environment (of which at least 3 years' audit management experience).
  • 3 years leadership/management experience (advantageous).
  • Retail industry experience will be advantageous.
  • Knowledge of financial control environment and governance.
  • Understanding of the business, industry and economic environment and relevant role-players.
  • Knowledge of accounting for foreign currencies and consolidation is desirable.
  • Computer literacy: Advanced level (MS Office Software, Google Suite and Financial systems).
  • Willingness to travel to Africa on an ad hoc basis.

Desired Skills:

  • Management Accounts.
  • Treasury.
  • Statutory Reporting.
  • Stock.
  • Compliance.
  • Tax.
  • Retail.
  • Management.
  • Financial Management.
Get a free, confidential resume review.
Select file or drag and drop it
Avatar
Free online coaching
Improve your chances of getting that interview invitation!
Be the first to explore new Financial Manager jobs in Parow