Financial Manager - CA(SA) - FMCG / Wholesale / Retail Industry - East Rand

Job Masters; South Africa; On-site; ZAR 600,000 - 900,000; Full time

Job summary

A leading company in the FMCG sector is seeking a Financial Manager to oversee their financial operations on the East Rand. The ideal candidate will possess a CA(SA) qualification and have at least 5 years of experience in financial management within the FMCG, wholesale, or retail industries. Responsibilities include managing financial reporting, budgets, inventory, and compliance while leading a team of accounting professionals.

Qualifications

• Minimum 5 years Financial Management experience in FMCG/Wholesale/Retail.
• Strong ability to manage financial and IT related projects.

Responsibilities

• Manage monthly management accounts and annual financial reporting.
• Oversee day-to-day financial matters including debtors book and reconciliations.
• Guide accounting staff and ensure compliance with internal controls.

Skills

Financial Analysis

Project Management

Compliance

Inventory Management

Education

CA(SA) or equivalent

Relevant tertiary qualifications

Job description

Financial Manager CA (SA) FMCG / Wholesale / Retail Industry - East Rand

The purpose of the role is to manage the full financial function encompassing internal controls and manage the financial function as regards reporting financial performance, financial position, and cash

flows of the business.

Minimum requirements :

• CA(SA) or equivalent with relevant tertiary qualifications
• Minimum 5 years Financial Management experience in FMCG / Wholesale / Retail industry
• Ability to manage projects which may be Information Technology or finance related
• Ability to assist with ad hoc accounting investigations, audits and project-related matters

Roles and responsibilities :

• Monthly management accounts and annual financial reporting.
• Annual budgets Co-ordinate and submit to the Holding Company and undertake variance analysis to monthly management accounts.
• Manage the day-to-day financial matters comprising of :
• Assistance in management of debtors book.
• Monthly and annual rebate control and reconciliation with all suppliers Reconciliation of rebates due to the General Ledger account.
• Ensure that back-end supplier support, discounts and rebates are received in accordance with agreements.
• Monitor of supplier spend in relation to rebates due based on set targets,
• Monthly accruals and creditors management.
• General Ledger maintenance and reconciliation of all accounts as required by Holding Company reporting Accountants.
• VAT income tax calculations and reconciliations and submissions to Holding Company reporting Accountants.
• Ensure compliance with Government required statistics.
• Preparation of schedules, assistance and liaison re year end audits,
• Reconciliation of inventory.
• Monitor, manage and analysis of inventory aging in order to reduce inventory days and excessive inventory holding.
• Management of bookkeeping staff.
• Recommends financial actions by identifying risks, overspend and areas requiring improvement.
• Substantiate financial transactions by undertaking sound financial analysis.
• Maintains accounting and internal controls by preparing and recommending policies and procedures.
• Guides accounting clerical staff by co-ordinating activities and answering questions.
• Reconciles financial discrepancies by collecting and analysing account information.
• Maintains financial security by following internal controls.
• Ability to analyse, translate and address financial information in order to highlight operational shortcomings, inefficiencies or excessive costs.
• Ability to recognise issues and implement effective and sustainable solutions.
• Proactive driving solutions and recommendations in order to ensure the desired outcome both in process and in cost savings.
• Any further finance related responsibilities as directed.

Salary offer : Negotiable dependant on experience

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Financial Manager • east rand, Gauteng, South Africa