Financial Manager

Our client is seeking a Financial Manager to join their team based in Cape Town. 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 our client.

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.
• Managing the KPIs process for the team.
• Setting individual team members KPIs.
• Recommendation of salary increase and bonus for team based on performance.
• Preparing and submission of Provisional Tax returns on SARS e-filing.
• 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.
• 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.
• 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.

Skills:

• 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.
• Be 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.
• Willing to roll up sleeves and get the job done.

Qualifications:

• BCom/Business Science (Finance/Accounting Degree) from a university.
• At least 5 years experience in a similar role.