Financial Controller: Operations at Ackermans

Job Description

• An exciting and challenging opportunity is available for a Financial Controller at our Support Centre in Kuilsriver.
• The successful candidate will be tasked with analyzing, reporting, and advising on operational expenditure and sales analytics, adhering to principles of good governance and sound financial practices.
• This role reports directly to our Financial Manager: Operations and is pivotal within the Operations Finance team as you play a key role in providing critical information to support management decisions.
• If you hold a CIMA qualification and have 4-5 years of accounting/finance experience in a retail environment, then this is the opportunity for you.

KNOWLEDGE REQUIRED:

• Knowledge of integration of Financial Management into the Retail discipline
• Knowledge of relevant reporting systems
• Business and commercial knowledge
• Understanding of cost elements within a retail environment
• Strategy measurement techniques (balance scorecard principles)

SKILLS REQUIRED:

• Cross functional integration skills
• Communication skills – written and verbal
• Presentation skills
• Analytical skills
• Forecasting and budgeting skills
• Financial systems management
• The ability to:
  • Problem solve
  • Manage people

EXPERIENCE:

Essential:

• 4 – 5 years accounting/finance experience in a retail environment
• 2 – 3 years management experience in finance/accounting
• Computer literacy – advanced Excel

QUALIFICATIONS:

Essential:

• Minimum BComm/Accounting Honours degree

Preferred:

• CIMA qualification

KEY RESPONSIBILITIES:

Sales Reporting and Analytics

• Sales reporting
• Sales diagnostics

Expenditure Management

• Monthly reporting on all OPEX costs
• Approve all journals/ accruals
• Set up and manage cost reviews across Operations
• Liase with role players with regards to inputs on expenses (Finance/HR)
• Ensure reports are accurate and complete
• Regular expense forecasting and risk flagging

Incentives schemes for Operations

• Approval of payments
• Liase with role players to ensure sufficient processes in place

Budgeting for Operations

• Co-ordination of budget process
• Implement company guidelines on sales/ expenses
• Consolidation and reporting
• Monthly budgeting for stores in place (sales and expenses)

Projects Management

• Managing projects relevant to team
• Involvement in Operation projects:
  • Store visit statistics
  • Customer service statistics
  • Stock loss reporting
• Value added contribution
• Successful completion of projects

Corporate Governance

• Actively monitoring that policies are adhered to
• Assist in policy generation

Management

• Financial Management
  • Year-to-date expense is managed within budget
• Stakeholder Management/ Customer Focus
  • Internal
  • External (Includes sourcing of suppliers)
• Resourcing
  • Vacancy rate
  • Rolling annual turnover
  • Salaries managed within budget
  • Diversity benchmarks and current status is known, and realistic action plans are in place
• Performance management
  • Two discussions per employee per year within required timelines
  • Action plan for poor performance is clear, realistic and appropriately managed
• Talent Review and Succession Planning
  • Action plan for high potential talent is clear, realistic and appropriately managed
  • Action plan for retention risk is clear, realistic and appropriately managed
  • Succession plans are clear, realistic and monitored