Head Of Department: Finance at Toys R Us and Babies R Us South Africa

 Duties and Responsibilities:

• Manage Group Finance according to business plans
• Interpretation of Business Plan and Strategy
• GAP analysis between activities of department and best practice
• Manage and review budgets and forecast
• Maintain a strict cost management culture
• Approve and monitor expenditure
• Analyse cash flow and monitor cash balances and cash forecasts
• Arrange debt and equity financing
• Analyse financial statements to identify potential risk areas
• Identify and implement cost saving initiatives
• Identify processes to be improved efficiencies and implement changes
• Financial Controls and process improvements
• Manage, direct and guide finance team on improving financial controls
• Ensure financial and accounting policies are relevant
• Ensure proper reconciliation and review of balance sheet accounts
• Identify deviations to policies and procedures and implement improved control environment
• Authorise payment of vendors/sundry payments according to delegation of duties
• Advise and coach business managers on control improvements
• Ensure that a business case is in place for all relevant projects
• Monthly Group Financial Reporting
• Manage and direct the planning & coordination of month end close, consolidation process and reporting
• Ensure the monthly reporting is aligned with best practice
• Prepare the monthly Group Financial Report
• Analytic review and interpretation of each division/company financial report and business drivers
• Continuously evaluate the relevance of the information contained in the Financial Reports.
• Interim and annual Financial Reporting (Statutory reporting).
• Manage and direct the planning & coordination of annual financial reporting procedure with all role-players
• Review the financial statements of other small entities within the Group
• Ensure the Financial statements are aligned with the relevant accounting standards
• Review the Audit Reports and findings and implement recommendations
• Continuously evaluate the relevance of the information contained in the Audit Report
• Manage and develop team members
• Manage department according to applicable legislation and company Code of Conduct
• Maintain appropriate insurance coverage

 The successful candidate will maintain strict confidentiality of all information acquired, especially with regard to trade procedures, policies and employees.

 Key characteristics of the successful candidate:

• Collaborative leadership approach
• Professional accounting/financial qualification
• Strong communicator
• Sales driven
• Analytical
• Strategic thinker
• Decisiveness
• Creative problem-solver

 Qualification, Skills and Experience

• CA(SA)
• 5 years' experience in leading the finance function
• Experience in managing a large team
• Retail experience advantageous
• SAGE 300 knowledge advantageous
• Advanced Excel Skills