Finance Manager at TFG (The Foschini Group)

Job Description

• The Finance Manager within TFG Cellular supports the Head of Finance (VAS and Cellular) in ensuring the effective functioning of the finance function within the division. The role contributes to commercial and value-adding activities by providing accurate financial reporting, analysis, and insight to support business decision-making. The role also performs specialist finance activities, including stakeholder engagement, statutory reporting, system improvements, and the management and development of finance team members

Responsibilities

Financial Reporting, Budgeting and Forecasting: 

• Ensure accurate and timely financial reporting at divisional and group level 
• Review monthly income and expenditure and prepare management reports and presentation for management meeting  
• Ownership of divisional budgets and forecasts, including preparation of powerpoint presentations for Directors 
• Review journals and balance sheet reconciliations for IFRS compliance
• Prepare and review Year End Information

Financial Analysis and Business Support:

• Support the Finance Business Partner & hi Head of Business with   performance analysis 
• Provide financial insight to support decision-making 
• Prepare ad hoc reporting and resolve financial queries 

Collaboration with Internal and External Stakeholders (Cross functional and divisional responsibility): 

• Key member of the hi management team – ability to support team and identify financial analysis and improvements required & provide value
• Extensive liaison & communication with finance and other key management within the TFG group – cellular sold across various brands within TFG and is a component of their P&L’s 

Supplier collaboration & negotiation

Systems, Processes and Efficiency: 

• Drive automation and efficiency improvements 
• Lead finance-related system and process improvement projects

People Management:

• Manage, coach and develop finance team members

Qualifications

• B Comm or similar 
• CA(SA) or CIMA (Advantageous) 
• 3–5 years relevant finance management experience, preferably in a trading or retail environment 
• Thorough knowledge of accounting procedures and principles
• Advanced experience in Microsoft Excel 

Skills: 

• Budgeting  
• Reconciliation and Analysis  
• Accounting and Reporting  
• Expense and Cash Management  
• Financial Risk Management  
• Excellent project management skills   
• Strong business communication skills with an ability to work well in a collaborative environment with senior executives   
• Ability to draft commentary, analyse information to establish key messages, present information both visually and written   

Behaviours:

• Being Resilient - rebounding from setbacks and adversity when facing difficult situations. 
• Well organised, methodical and efficient – able to prioritise conflicting priorities in a fast paced environment 
• Cultivates Innovation - creates an environment that fosters and nurtures a culture of creativity which drives success 
• Decision Quality - consistently makes timely, well-rounded and informed decisions 
• Drives Engagement - inspires, motivates and empowers individuals to go above and beyond for the benefit of the team and the organisation 
• Ensures Accountability - takes accountability and ensures others are held to account on agreed upon performance targets 
• Manages Complexity - interprets and simplifies complex and contradictory information when resolving organisational problems 
• Building Effective Teams - forms, develops and leads a group of individuals toward the achievement of a common team objective 
• organisational Savvy - understands and navigates dynamics created by processes, systems, and people 
• Situational Adaptability - effectively adjusts their behaviour, approach, and decision-making based on the situation 
• Strategic Mindset - thinks and plans strategically, focusing on the long-term goals and objectives of the organisation