Senior Finance Manager

CA Financial Appointments; Cape Town; On-site; ZAR 600,000 - 1,200,000; Full time

Job summary

A leading company in the retail sector is seeking a Senior Finance Manager based in Cape Town. This role involves overseeing technical accounting functions, ensuring IFRS compliance, and managing financial reporting and team guidance. The successful candidate will play a critical role in strategic projects and operational areas within a dynamic finance team.

Qualifications

• Strong knowledge of technical accounting and IFRS standards.
• Experience managing financial statements and compliance processes.
• Background in funding negotiations and financial analysis.

Responsibilities

• Head the group's technical accounting function and oversee financial statement preparation.
• Participate in funding negotiations and monitor compliance with agreements.
• Provide guidance on merchandise accounts payable and sundry debtors.

Skills

Technical Accounting

IFRS Compliance

Financial Reporting

Funding Negotiation

Job description

An exciting opportunity exists at one of my clients, who is seeking a Senior Finance Manager to join their group’s finance team based in Cape Town. The successful candidate will head up the group’s technical accounting function, in addition to a number of operational areas and strategic projects. This is an opportunity to become part of a dynamic team in a fast-paced retail environment.

About the Role

Assume responsibility for all technical accounting matters, including the implementation and oversight of new accounting standards. Oversee the preparation and review of the Group and subsidiary company annual financial statements, ensuring best-in-class financial reporting, IFRS compliance, and technical accuracy within a tight reporting timetable.

Key Responsibilities:

• Technical Accounting: Member of the Group accounting forum, responsible for overseeing the accounting treatment, processes, and preparation of financial statements of the Group and subsidiary companies. Facilitate the technical review by external auditors of the Group and subsidiary company annual financial statements. Maintain the financial reporting control framework for CEO/CFO attestation as required by JSE Listings requirements.
• Share Schemes: Responsible for all share scheme and related accounting, including reconciliations. Accounting for the Group’s share scheme trust.
• Funding: Participate in funding negotiations and review funding agreements. Monitor covenant compliance and report back to lenders.
• Merchandise Imports: Oversee the finance imports (shipping) function and provide guidance and support to the team. Review all journals, reconciliations, and monthly profit & loss/trading reports.
• Merchandise Accounts Payable: Oversee the merchandise accounts payable function and provide guidance and support to the teams.
• Sundry Debtors: Oversee sundry debtors team and provide guidance and support. Monitor and report on all sundry loans/advances to suppliers and the Group’s supplier development fund.