Finance Manager at Value Logistics

About the job
Purpose of the Job

• The role reports directly to the Group Financial Director and on a dotted line to the Divisional Head, and will assume full accountability and responsibility of the financial function of Key Distributors.
• The purpose of the role is to manage the full financial function encompassing internal controls and manage the financial function which regards reporting financial performance, financial position, and cash flows of the business.

Key Responsibilities

• Monthly management accounts and annual financial reporting
• Annual budgets – Co-ordinate and submit to the Holding Company and undertake variance analysis to monthly management accounts
• Manage the day-to-day financial matters comprising of:
• Assistance in management of debtors’ book
• Monthly and annual rebate control and reconciliation with all suppliers – Reconciliation of rebates due to the General Ledger account
• Ensure that back-end supplier support, discounts and rebates are received in accordance with agreements
• Monitor of supplier spend in relation to rebates due based on set targets
• Monthly accruals and creditors management
• General Ledger maintenance and reconciliation of all accounts as required by Holding Company reporting Accountants
• VAT income tax calculations and reconciliations and submit to the Holding Company reporting Accountants
• Ensure compliance with Government required statistics
• Preparation of schedules , assistance and liaison re year end audits
• Reconciliation of inventory
• Monitor, manage and analysis of inventory aging in order to reduce inventory days and excessive inventory holding
• Management of bookkeeping staff
• Recommends financial actions by identifying risks, overspend and areas requiring improvement
• Substantiate financial transactions by undertaking sound financial analysis
• Maintains accounting and internal controls by preparing and recommending policies and procedures
• Guides accounting clerical staff by coordinating activities and answering questions
• Reconciles financial discrepancies by collecting and analysing account information
• Maintains financial security by following internal controls

Minimum Requirements

• Grade 12 (Matric)
• Chartered Accountant or equivalent with relevant tertiary qualifications
• Minimum of 5 years’ Financial Management experience in an FMCG environment

Skills Required

• Strong interpersonal skills both verbal and written
• Ability to work under tight deadlines
• Ability to work independently with limited oversight/direction
• Creative thinker with a willingness to challenge the current way of doing things, ability and willingness to drive change
• Accurate
• Honest and ethical
• Methodical
• Solution-driven
• Ability to explain and translate information to non-financial staff
• Pro-active
• Logical thinker
• Highly analytical

Additional Attributes

• Willingness and ability to embrace technology
• Ability to project manage projects which may be Information Technology or Finance related
• Willingness, ability and drive to assist with AdHoc accounting investigations, audits and project-related matters
• Ability to guide the Divisional Head with strategic planning, control and management of Key Distributors