Finance Manager - Wholesale/Retail

Recruiter:

Rory Mackie & Associates

Job Ref:

2127912787

Date posted:

Saturday, September 14, 2024

Location:

Cape Town, South Africa

SUMMARY:
-

POSITION INFO:

Growing distribution business in Southern Suburbs is looking for a dynamic and experienced finance professional who will take responsibility for the finance function.

If you are a results-driven individual with a passion for financial excellence and a knack for navigating the complexities of the retail industry, we invite you to explore this exciting opportunity with us.

Qualification Requirement:

BCom/Business Science (Finance/Accounting Degree) from a university with Accounting 3 as a minimum
SAIPA/CIMA an advantage
At least 5 years’ experience in a similar role

Requirements:

Good communication skills (verbal and written)
Ability to lead a team by creating and maintaining a productive, efficient, and happy environment
Comfortable with systems, data and analysis
Ability to prioritise, multi-task and meet deadlines
Attention to detail
Analytical and problem-solving skills
Strong analytical skills and able to use Excel (incl pivot tables, xlookup, complex IF formula) and Microsoft365 suite (Outlook, Teams, OneDrive)
Good working knowledge of Acumatica or experience with other ERP systems
Suits someone who is willing to roll up sleeves and get the job done. This is not a corporate job, but a fast growing enterprenerial business.

Monthly Responsibilities

Preparation of Cash Flow
Preparation of Management Report
Analyse and interpret the management information
Review Debtors Ageing
Review and approve Credit Notes
Review, approve and monitor any Stock Write-offs
Review Creditors Ageing
Review Stock Ageing report
Review the monthly Payment Schedules including the weekly Payment Schedules
Review all Balance Sheet reconciliations
Process all month-end Financial Journals
Maintain the Fixed Asset Register
Preparation and submission of VAT 201 returns on SARS e-filing
Preparation and submission of Payroll
Preparation and submission of EMP 201 returns on SARS e-filing

Bi-Annual Responsibilities

Managing the KPI’s process for the team
Setting individual team member’s KPI’s
Recommendation of salary increase and bonus for team based on performance
Preparing and submission of Provisional Tax returns on SARS e-filing

Annual Responsibilities

Preparation of Budgets and Forecasts
Preparation of audit schedules for year-end audit
Process all year-end audit Journals
Overseeing the year-end audit process
Review the provisional AFS
Close the year-end in Acumatica once AFS is signed

Operations Management

Assist in Operations and managing the Operation team
Monitor and report operational stats for third party logistics provider (3PL)
Ensure integrity of stock in all location
Review of costing for imported and local stock
Overseeing all Stock takes at all warehouses including year-end Stock takes

General & Ad-hoc Responsibilities

Data integrity across all systems (Acumatica, Qlik, NetStock, Repsly)
Ensure all tax, accounting and compliance standards are maintained and adhered to
Implementing controls to streamline the Finance and Operation functions and to mitigate risk
Responsible for leading, training staff and upskilling team
Managing the IT, Human Resource and Payroll functions
Ensure compliance (Foreign Exchange Control, CIPC, SARS, DOL)
Treasury and Banking profile management
Any additional requests from CFO, CEO and Directors

NB! This job is now closed. You can apply for other jobs by uploading your CV.

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