SUMMARY:
Operational Financial Manager - Retail - Plattekloof, CT
POSITION INFO:
The Finance Manager oversee the financial operations of an organization. They advise on investment plans, monitor the company''''''''s finances and produce financial reports. They work closely with management to develop and implement strategies and plans to achieve the company''''''''s long-term objectives
Financial Accountants
Ensure quality control & integrity over all financial transactions, compliance and financial reporting
Reviews of Income Statement and Balance Sheet items monthly up to management reports to make sure reports are accurate and complete
Provide full sets of management reports (accurate and complete) within deadlines every month- Various Franchisor financial reports
Strategic input of financial results
Analysing various financial results and from BI portals
Reconciliation of all Balance Sheet items (preparation / reviews) on a monthly and yearly basis Review payments and reconciliations (VAT, salaries, suppliers, taxes, etc.
Reporting and Project Accounting
Control all month end processing & reconciliation procedures, checklists, and work calendars- Make sure all daily, weekly and monthly finance deadlines are met
Control all year end close procedures
Develop business processes and internal controls to maintain and strengthen internal controls
Annual Audit preparations, schedules, queries, etc.
Annual financial statements of all retail entities
Insurance related work and making sure company policies are up to date and adequately insured.
Liaise with insurance brokers.
Liaise with banks, auditors, landlords
Cash flow management, forecasts, etc
Treasury:
All taxation calculations (Income, Provisional & Deferred) and submissions to SARS
SARS related audits
Stock take procedures and analysing results
Annual budget preparations
Acquisition and due diligence related work
Streamlining / automating systems and procedures
Presentations for directors and shareholders meetings
Maintenance of systems, like Sage Evolution, etc.
Full back up for Finance Lead when not available
Manage certain projects and objectives throughout the year
Creditors:
Ensure creditor payments are in line with the agreed budget process, i.e. timeframes
Supply input to the annual budget process and highlight monthly fluctuations timeously
Assist with creditors provisioning (accruals) of outstanding invoices
Internal and external creditors reconciliations
Age analysis reconciliations
Requirements:
Accounting degree
2 years minimum retail or stock / multi site accounting
Financial Management experience - leading a large team
ERP systems implementation or automation experience
Completely proficient in English
Excellent leadership experience and skills
Knowledge & understanding of IFRS for SME and SA taxes
High computer literacy
Advanced Excel skills (non-negotiable)
Sage Evolution knowledge will be a strong advantage
Excellent reconciliation skills & strong financial technical knowledge
Salary - R1 mill pa CTC
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