Revenue & Banking Operations Manager

takealotgroup; Cape Town; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

takealot.com, a leading South African online retailer, seeks a Finance Lead: Inventory & Stock Optimisation to own the full financial stewardship of inventory across 1P and 3P. You will drive IFRS-compliant valuation, system integrations, and automation while partnering with Retail and Marketplace leaders.

Reporting to the Head of Finance: General, you will shape stock costing, WACP models, loss prevention, and insightful reporting to optimise working capital and profitability in a fast-growth

Responsibilities

• Inventory Financial Management: Full financial ownership of inventory across 1P and 3P, maintain stock positions across warehouses.
• WACP Management and Valuation: Update WACP calculations; automate WACP processes and resolve discrepancies.
• System Integrations and Reconciliations: Oversee stock integrations and improve data quality across systems.
• Stock Loss and Shrinkage: Identify losses and build attributions; drive financial recovery.
• 1P and 3P Stock Positioning: Model financial implications of stock decisions; support budgeting and forecasting.
• Cost Management: Track inventory-related costs and ensure IFRS treatment.
• Reporting and Analytics: Design and own inventory finance reporting; provide routine stock reporting to leadership.

Job description

takealot.com, a leading South African online retailer, is looking for a highly talented Finance Lead: Inventory & Stock Optimisation to join our Head Office in Cape Town.

We are a young, dynamic, hyper-growth company looking for smart, creative, hardworking people with integrity to join us. We offer a market-related, Total Remuneration Package which allows full flexibility according to your needs, a great work environment and a promise that you won't be bored as long as you are prepared for a challenge and want to build something great.

This position reports to: Head of Finance: General

Purpose of the role:

The Finance Lead: Inventory and Stock Optimisation is responsible for the full financial ownership of inventory across Takealot’s 1P and 3P businesses. This includes maintaining accurate stock valuations and reconciled positions, managing system integrations into the accounting environment, driving automation and process overhauls, and acting as the primary Finance business partner to the commercial heads of Retail and Marketplace. The role requires an equal balance of deep technical accounting rigour and commercial, AI-driven strategic thinking.

Key Responsibilities:

Inventory Financial Management

• Full financial ownership of inventory across 1P (retail-owned stock) and 3P (marketplace and consignment stock positioning)
• Maintain accurate, timely, and reconciled stock positions across all warehouses, fulfilment centres, and in-transit nodes
• Manage and report on stock cost - including landed cost, cost of sales, provisions, and write-downs
• Own the month-end inventory close process: ensure completeness, accuracy, and speed of reporting with zero tolerance for late or incorrect numbers
• Ensure correct accounting treatment of all inventory movements and associated costs in line with IFRS, with specific application of IAS 2 (Inventories)
• Maintain and continuously improve internal controls over the full inventory cycle

WACP Management and Valuation

• Manage, maintain, and update Weighted Average Cost Price (WACP) calculations to ensure inventory is accurately valued at all times
• Own the WACP automation project end-to-end: design, development, testing, and implementation of automated WACP calculation processes
• Investigate and resolve WACP discrepancies and ensure alignment between operational stock systems and the accounting ledger
• Maintain fully documented WACP calculation models with audit-ready supporting workings
• Own fully landed cost prices and associated costs related to imported goods

System Integrations and Reconciliations

• Manage and oversee the stock integration between operational systems and the accounting system, ensuring accurate and timely posting of all stock transactions
• Investigate and resolve failed or erroneous stock integrations - identify root causes and implement corrective measures to prevent recurrence
• Work with IT, Data, and Operations teams to improve data quality and system integration architecture across all inventory touchpoints
• Build and maintain automated reconciliation frameworks that flag exceptions in real time, without reliance on a fully integrated ERP

Stock Loss and Shrinkage

• Identify, quantify, and investigate stock losses across the fulfilment network
• Build robust loss-at‑attribution frameworks - distinguish between theft, damage, system error, and process failure
• Perform and review shrinkage and obsolescence provision calculations; ensure all provisions are adequately supported, documented, and correctly recorded
• Partner with Operations and Logistics to drive root cause resolution and financial recovery
• Track shrinkage trends and surface financial risk to leadership before it becomes a P&L problem

1P and 3P Stock Positioning

• Support Retail and Marketplace teams with the financial implications of stock positioning decisions - open-to-buy, liquidation, aged inventory, and excess stock
• Provide financial modelling and scenario analysis to guide stock optimisation trade‑offs: holding cost vs. markdown risk vs. stockout cost
• Monitor and report on slow‑moving, aged, and excess inventory - drive commercial conversations with Buyers and Category Managers
• Support budgeting and forecasting processes with robust inventory assumptions and cost modelling

Cost Management

• Track and analyse all inventory-related costs: storage fees, inbound logistics, fulfilment costs allocated to inventory, write‑offs, and provisions
• Challenge cost structures and identify savings opportunities
• Ensure correct IFRS treatment of all inventory-related costs and movements

Reporting and Analytics

• Design and own the inventory finance reporting suite - dashboards, KPI scorecards, exception reports, and executive-level summaries
• Build reporting infrastructure that works in the absence of a fully integrated ERP - using data pipelines and BI tools to connect fragmented data sources into coherent financial views
• Provide weekly, monthly, and ad hoc stock reporting to the Head of Fi