Group Financial Manager

Secure Jobs; Cape Town; On-site; ZAR 900 000 - 1 200 000; Full time

Job summary

A major retail group seeks a Group Financial Manager based in Cape Town to ensure financial integrity, compliance, and governance. Key responsibilities include managing financial reporting, overseeing internal controls, and maintaining systems governance. The ideal candidate will possess a relevant financial degree and experience in risk management, with a strong commitment to control integrity and compliance. This role is vital for supporting sustainable growth and protective asset management.

Qualifications

• Proven experience in financial governance and control.
• Strong analytical and risk management skills.
• Experience with financial reporting systems and compliance standards.

Responsibilities

• Accountable for financial integrity, governance, and risk management.
• Design and implement internal control frameworks.
• Manage vendor and service provider relationships.

Skills

Financial integrity

Risk management

System control

Governance

Education

Relevant financial degree qualification

Job description

Overview

Reports directly to the Managing Director / Owner.

Role Purpose

The Group Financial Manager is accountable for financial integrity, governance, risk management, systems control, and compliance across the retail group. The role exists to protect the business, ensure sustainability, and enable scalable growth through strong controls, clear accountability, and disciplined system governance.

This role is a control and governance role, not an operational retail role.

Core Accountabilities

1. Financial Governance

• Group financial reporting and accuracy
• Budgeting, forecasting, and margin protection
• Cash flow management
• Identification and mitigation of financial risk

2. Internal Controls & Risk Management

• Design, implementation, and ownership of the Groups internal control framework
• Enforcement of segregation of duties across Finance, Admin, IT, and Operations
• Oversight of compliance with approved policies, procedures, and SOPs
• Ownership of incident management, investigations, and escalations

3. Systems & Access Governance

• Ownership of all financial and retail systems (POS, ERP, pricing, reporting systems)
• Approval authority for:
• User creation
• User modification
• User deactivation

Monthly user access reviews and audit-log oversight
Change management governance for pricing, master data, and system configurations

4. Incident, Root Cause & Corrective Action

• Ownership of formal incident reporting processes
• Conducting and documenting root cause analysis
• Defining corrective and preventative actions
• Tracking corrective actions to completion
• Reporting incidents, risks, and outcomes to the Managing Director

5. HR, Admin & Compliance Oversight

• Ownership of HR policies including:
• Onboarding
• Offboarding
• Disciplinary processes

Training compliance tracking
Payroll oversight
Oversight of administrative control functions

6. Vendor & Service Provider Management

• Oversight of system vendors and IT service providers
• Contract and SLA management
• Escalation and remediation of vendor-related risks or failures

Key Performance Indicators (KPIs)

• Zero repeat incidents caused by unresolved root causes
• 100% completion of formal incident reports
• Monthly user access reviews completed and documented
• Audit findings resolved within agreed timelines
• Policy and control compliance rate across all stores

Authority & Decision Rights

• Approve or reject system access requests
• Enforce corrective and preventative actions
• Escalate disciplinary matters related to control failures
• Suspend system access where risk to the business is identified

Non-Negotiables

• No system, control, or policy operates without documented approval
• No delegation of approval authority without written consent
• Control integrity takes precedence over operational convenience

Role Positioning Statement

The Group Financial Manager is the custodian of governance and control within the business.
The role exists to prevent losses, protect assets, ensure compliance, and support sustainable growth.

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