Senior Finance Manager at Truworths

Job Description

• An exciting opportunity exists in the Group’s finance team based in Cape Town, South Africa, for a dynamic, energetic and experienced qualified CA (SA) to head up the Group’s technical accounting function, in addition to a number of operational areas and strategic projects. It offers the successful applicant an opportunity to become part of a dynamic team in a fast-paced retail environment that fosters a culture of innovation, collaboration, personal development and excellence.

Key Responsibilities

Technical accounting

• Assume responsibility for all technical accounting matters, including the implementation and oversight of new accounting standards
• Member of the Group accounting forum, which is responsible for overseeing the accounting treatment, processes and preparation of financial statements of the Group and subsidiary companies
• Oversee the preparation and review of the Group and subsidiary company annual financial statements, ensuring best-in-class financial reporting, IFRS compliance and technical accuracy within a tight reporting timetable. This includes the preparation of accounting policies, disclosure frameworks, selected note disclosure and facilitating the external audit review.
• Facilitate the technical review by external auditors of the Group and subsidiary company annual financial statements
• Responsible for maintaining the financial reporting control framework for purposes of the CEO/CFO attestation as required in terms of the JSE Listings requirements

Share schemes

• Responsible for all share scheme and related accounting, including reconciliations
• Prepare share scheme disclosure for Group and subsidiary company annual financial statements
• Prepare share scheme workings and reconciliation for the Group tax team to facilitate income tax calculations and returns
• Maintain the data in the accounting package used for share-based payment accounting, including the reconciliation to the share scheme system
• Assist with the preparation and review of the calculation of diluted number of shares in issue
• Accounting for the Group’s share scheme trust

Funding

• Participate in funding negotiations and review of funding agreements
• Monitor covenant compliance and report back to lenders
• Report to board and investment committee on covenant compliance and funding costs
• Review all related reconciliations

Merchandise imports

• Oversee the finance imports (shipping) function and provide guidance and support to the team
• Review all journals, reconciliations and monthly profit & loss/trading reports
• Check and approve import clearing agent invoices and payments
• Report to investment committee on foreign exchange exposures
• Report to tax forum on import VAT and duty compliance

Merchandise accounts payable

• Oversee the merchandise accounts payable function and provide guidance and support to the teams
• Review all reconciliations and ad hoc transactions

Sundry debtors

• Oversee sundry debtors team and provide guidance and support to the team
• Review all journals and reconciliations
• Responsible for monitoring and reporting on all sundry loans/advances to suppliers and the Group’s supplier development fund

Ad hoc/strategic projects

• Participate in and support the delivery of ad hoc and strategic projects that support the Group’s strategic objectives

Qualifications and Experience

• CA (SA)
• Currently the candidate should at least be at a Finance Manager level in a public listed company of a similar size, and ideally within retail or similar sector
• Extensive experience (at least 10 years post articles or more) and successful track record of working in a complex financial environment, at this level
• Highly numerate with a professional understanding of technical accounting standards, financial statements and reporting, and financial controls
• Experience in credit retail would be an advantage

Competencies

• High level of energy, drive and pace associated with working in a highly dynamic and fast-paced fashion environment
• Good interpersonal, communication and organisational skills
• High attention to detail
• The ability to work under pressure and to strict deadlines
• Resilient, tenacious and assertive
• Good analytical and problem solving skills
• Exceptional technical skills

Deadline:20th February,2026