Head of Finance at Mr Price Group

Job Description

• Reporting to the Finance Director for the division, you form part of the greater management team where you offer valuable support in commercial decision-making. As a forward-thinking, tech-enabled, experienced CA(SA), you incorporate leading-edge technology into the finance processes. You contribute to and drive the growth of the business. 

Responsibilities
Strategy     

• Contribute to the development of the Company strategy
• With the finance team, develop the 5-year financial model in line with Group requirements for submission with the strategy document.
• Provide support and guidance to other functional areas of the business to ensure plans are aligned
• Compile annual budget aligned to the group framework and divisional strategy.
• Remain abreast of competitor performance and results.
• Assist with reporting on divisional KPI’s.
• Apply a strategic mindset to the finance department of the future and create a plan on how to get there.
• Support the optimal organisation of resources to achieve standard reporting objectives while enabling the daily contribution to business and commercial decisions.
• Drive streamlining and the automation routine monthly reporting

Policies and Procedures

• Conduct all processes in a manner that upholds integrity and company values and all other good governance principles.
• Ensure that financial solutions provided fall within the legislative framework.

Reporting

Monthly          

• Timeous compilation of inputs into monthly general management booklets (GMB) packs for distribution to Group Finance and the Board
• Strategic compilation of monthly forecasts to track where the business is in terms of the agreed budget.
• Ensure that monthly cost-center reports are reviewed and discussed with stakeholders.
• Monthly cash flow statements and cash flow control
• Review of all stock related reporting and ageing etc.

Half year and Year end

• Strategic collating of financial data to ensure that it is aligned to the reported results.
• Effectual production of report packs inclusive of supportive financial data and the associated commentary.
• Collaboration with external auditors

Internal/External Audit          

• Ensure that the finance team complies with all internal/external audit requirements. This includes preparing working papers at half and year-end as well as attending any necessary meetings.

Payments

• Approve and release payments to ensure all invoices are paid timeously including suppliers, monthly salaries, adhoc payments, approval on banking platforms.

General administration                    

• Support the business to ensure the effective control of all costs, cashflow management and other finance efficiencies (e.g. monthly, review of merchandise one-liner, stock levels, stock ageing, etc.) to maintain the businesses general administration.

Leadership & Liaison

• Oversight of the finance team responsible for delivering financial reporting
• Liaison with the shared services head on reporting structures to ensure delivery of required inputs.

Qualifications

• CA (SA) with 5 years post articles experience 
• Experience in a Finance Management role 
• Ability to work under pressure and within tight deadlines 
• Proven ability to plan, organize and work methodically 
• Ability to lead both direct and indirect reports 
• Intermediate to Advanced proficiency in Microsoft Excel 
• Attention to detail 
• Strong analytical capabilities 
• An early adopter who will contribute to building the business of the future
• You test and challenge input assumptions to ensure the most accurate outcomes, as well as having the ability to voice these when appropriate.
• Integrate with the business operations to understand how it works and to be in a position to ask informed questions.
• A natural ability to network with peers across the Group and within the division.