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  • Posted: Jan 22, 2025
    Deadline: Not specified
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  • To provide world-class, professional and quality driven services to satisfy both the client and candidate’s needs. The goal is to develop customised approaches to fit our client’s specific requirements and establish permanent relationships with our clients, through listening, understanding and excelling in services provided.
    Read more about this company

     

    Financial Manager

    Minimum Requirements:

    • Matric.
    • Essential: Bachelor’s degree in Finance, Accounting, or a related field.
    • Preferred: Professional certification such as CA (SA) or CIMA.
    • Minimum of 5 years of financial management experience, preferably within a medium-sized organisation.

    Advantageous: Experience working with:

    • Sage Evolution,
    • Granite Barcoding,
    • Qlik Sense,
    • MS Office,
    • Must have own vehicle and a valid Driver’s License.
    • Availability to travel nationally to branches as needed.
    • Strong understanding of financial regulations, accounting principles, and financial reporting standards.
    • Advanced analytical, problem-solving, and decision-making abilities.
    • Proficiency in financial software and tools, including Microsoft Excel and ERP systems.
    • Excellent communication and leadership skills, with the ability to work both independently and collaboratively in a team environment.

    Duties and Responsibilities:
    Financial Planning and Budget Management

    • Lead the preparation of annual budgets for Sales, Marketing, Salaries, and Operations, ensuring alignment with organizational objectives.
    • Conduct quarterly budget reviews and make necessary forecast adjustments.
    • Monitor and report on budget performance, offering actionable insights and recommendations.

    Financial Reporting and Compliance

    • Oversee the accurate and timely preparation of monthly, quarterly, and annual financial reports.
    • Coordinate the preparation of estimates for provisional tax returns.
    • Manage the annual audit process, ensuring the availability of Annual Financial Statements (AFS) by the end of April each year.

    Cash Flow Management

    • Monitor and manage cash flow to meet company obligations effectively.
    • Maintain cash flow forecasts and collaborate with FNB Forex to mitigate financial risks.

    Team Leadership and Development

    • Supervise and mentor the finance team to ensure high performance and productivity.
    • Conduct regular performance reviews and facilitate training and development opportunities.

    Inventory Management

    • Coordinate stock takes according to the agreed schedule.
    • Ensure accuracy in stock databases to meet reporting requirements.
    • Maintain stock level spreadsheets and approve inventory purchase orders within agreed limits.
    • Oversee the timely approval and recording of write-offs and manage monthly reconciliations of supplier backorders and returns.

    Invoicing and Accounts Management

    • Ensure the finance team maintains up-to-date invoicing and GIV records.
    • Communicate outstanding purchase order (PO) and GIV details to the sales team.

    Strategic Financial Planning

    • Collaborate with senior management to develop and implement strategic business plans.
    • Provide financial insights and recommendations to drive informed decision-making and support business growth.

    Ad Hoc Projects

    • Manage special projects as needed, such as BBBEE compliance and ISO certifications.

     

    Check how your CV aligns with this job

    Method of Application

    Interested and qualified? Go to Marvel Placement Consultant on webapp.placementpartner.com to apply

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