Financial Manager at Shoprite Group of Companies

Job Objectives

Strategic Leadership & Financial Planning

• Develop and execute financial strategies aligned with the overall business objectives.
• Drive the strategic growth agenda, identifying new financial and business opportunities for Transpharm.
• Prepare, lead, and present insights during monthly and quarterly financial meetings to influence decision-making.

Performance Monitoring & Reporting

• Track and report on the financial performance measures of Transpharm.
• Oversee financial reporting, ensuring alignment with IFRS, VAT, and tax requirements.
• Perform variance analysis, budgeting, forecasting, and month-end reconciliations using SAP.

Operational Excellence

• Provide data-driven analyses to improve operational efficiency and resolve financial challenges.
• Ensure expenses are allocated accurately to accounts, cost centers, and divisions.
• Implement and maintain robust internal financial controls, mitigating risks and ensuring compliance.
• Develop and implement cost-reduction initiatives while identifying process improvement opportunities.

Stakeholder Engagement & Collaboration

• Engage with senior stakeholders across divisions to provide financial insights and support strategic goals.
• Actively share knowledge with key stakeholders and cross-functional teams to promote collaboration.
• Maintain strong relationships with external partners and internal leadership teams.

People Leadership & Development

• Lead and mentor the finance team, ensuring professional development and succession planning.
• Foster a high-performance culture, holding team members accountable for results while providing continuous support.
• Build and manage a diverse and high-functioning team.

Business Innovation & Risk Management

• Identify and recommend new financial opportunities to improve profitability and operational efficiency.
• Evaluate and implement risk mitigation strategies, ensuring compliance with regulations and company policies.
• Lead and support the development of financial-related SAP projects to enhance system capabilities.

Qualifications

Essential:

• Bachelor’s Degree in Finance, Accounting, or Commerce.

Desirable:

• Qualified Chartered Accountant (CA(SA))

Experience

Essential:

• 4+ years of financial management experience in corporate or retail environments.
• Strong expertise in IFRS, VAT, tax compliance, and operational processes.
• Extensive experience with SAP and advanced Excel.
• Exposure to retail operations.
• Proven track record in stakeholder management at a senior level.