Store Financial Manager

4 weeks ago

Gqeberha, South Africa Staff Solutions Recruitment Full time
Job Purpose:

To manage all financial transactional aspects of the
business unit and achieve agreed budgeted and
Strategic objectives.

Key Performance Areas:

Financial Control and Reporting:
  • Daily, weekly and monthly reporting to head office;
  • Weekly review of payroll reports prior to submission to head office;
  • Meeting all deadlines as set out by head office;
  • Review and reporting back to the executive committee on a monthly basis on store performance;
  • Arch vs Pastel Reconciliation Daily Transaction review;
Suppliers and Recons:
  • Supplier relations and direct payments in consultation with head office;
  • Creditor claims and control paper flow from receiving/buying to Head Office and controlling creditors deductions;
  • Auditing and balancing of transactions between supplier statements and pastel evolution accounting system
  • Check and facilitate supplier payments cod suppliers.
  • Actively controlling critical supplier balances due vs limits and store needs forecasting to ensure we do not reach stop supply.
  • Maximizing Working Capital.
Debtor Management:
  • Weekly tracking of Debtors and in arrears collections;
  • Debtor Accounts to have proper documentation in place.
Risk Management:
  • Ensure store compliance with set policy and procedures;
  • Liaise with external & Internal auditors in conjunction with group and regional Finance GM;
  • Safe guarding of company assets specifically stock, assets and cash;
  • Receiving GRV sequence and verification checks, scrutinizing the integrity of GRVs and its origin;
  • Checking process of GRVs done including accuracy (balancing GRV to invoice);
  • Daily report back on GRVs not done and the reasons for not completing it;
  • Cashier Shorts & Overs weekly review;
  • Daily spot checks of cashier floats while they are working (unannounced);
  • Daily report on till overs and unders, and taking appropriate action to correct;
  • Weekly cash office float balancing;
  • Weekly reporting on trolleys;
  • ATM balancing and loading by cash office personnel, not management (if applicable in the stare where you are based);
  • System (Arch) user permissions and checks on a weekly basis;
  • Safeguarding of Arch Coin / Empty Vouchers.
People Management:
  • Ensure that all staff understands what is expected from them, with the administration dept and front-end control / cash office;
  • Lead by example and Motivate staff daily;
  • Proper Leave schedule & plan accordingly;
  • Time management- Staffing- short times, Staff scheduling and Overtime within the respective department under your control;
  • Comply with current basic conditions of employment;
  • Act with-in "Limits of Authority" e.g. staff employment, dismissal, CCMA, Retrenchments, Increases and commissions paid;
  • Manage staff grievances promptly and correctly;
  • Practice goal setting in every area of the business and review monthly;
  • Ensure compliance to all HR policies and procedures;
  • Train staff adequately in every area of the business;
  • Measure Productivity:
  • Review staff structure monthly and monitor sales by staff member.
  • Ensure that all Cash safety procedures are followed daily e.g. Cash pick-ups, Cash Drops, Cash Pay-outs and Cash Collections;
  • Cash Flow management- payment of expenses & stock;
  • Sign-off daily Cash-up report confirming Cash Deposited, Expenses paid out, suppliers paid COD, Transport Expenses, Debit & Credit cards transactions, Till shorts & Overs, Bank shorts & overs & Petty Cash;
  • Ensure that all cash deposits balance daily with actual cash banked;
  • All Credit Cards balances daily with actual slips/ speed point transactions;
  • Control all expenses by signing off all Sundry orders and final invoices;
  • Ensure accuracy of Income statement detail and performance against budget;
  • Ensure accuracy of rebate & other income on monthly income statement;
  • Ensure all payments are signed off by the appropriate personnel before making any payment. -Within "Limits of Authority";
  • Weekly monitoring of age analyses on Debtors customers- act in accordance to agreed terms with customer;
  • New customer credits & terms in accordance to "Limits of Authority";
  • Complete Monthly Transport Income statement measuring profitability of delivering of goods.
Systems and Procedures:
  • Comply with all systems and procedures;
  • All Refunds and Overrings to be checked and signed off with day-end reports
Stock Takes:
  • Mange and assist in perform stock take preparations;
  • Ensure that stock takes are done in accordance with agreed CPA and
  • Budgeted Cost;
  • Ensure the execution, with Operations, to perform accurate stock takes;
  • Variance reports to be scrutinized and actioned accordingly with Operations.
General responsibilities:
  • Monthly stock take and corrective action (Hazards);
  • Any other duties or functions as determined by Store Manager or Head Office;
  • Ongoing assessment of Store administration staff.
Management Control and additional responsibilities:

  • That the fulfilment of this role may require you to perform duties beyond the scope of this role defined in the above KPAs;
  • That you may be required to perform additional Adhoc duties, which are inline with the business operation and required to ensure that these are in the interest of the Company;
  • That you may be required to fulfil a position of relieving of a role for a period of time that may require of you to be additional to the nature of your current role.

  • Store Manager

    4 weeks ago

    Gqeberha, South Africa Isilumko Staffing (JHB) Full time

    Store Manager needed in Port Elizabeth in the William Moffett area Our client in the retail industry is currently seeking bright, bubbly, and energetic staff to join their team. Requirements (Non-negotiable):-Must have Store Manager experience in a retail store. Preferably someone who worked with linen, cutlery or crockery. -Matric-Clear criminal...

  • Assistant Store Management

    4 weeks ago

    Gqeberha, South Africa Isilumko Staffing (JHB) Full time

    Assistant Store Manager needed in Port Elizabeth in the Walmer areaOur client in the retail industry is currently seeking bright, bubbly, and energetic staff to join their team. Requirements (Non-negotiable):-Must have Assistant Store Manager experience in a retail store. Preferably someone who worked with linen, cutlery or crockery.-Matric-Clear criminal...

  • Assistant Store Manager

    4 weeks ago

    Gqeberha, South Africa Isilumko Staffing (JHB) Full time

    Assistant Store Manager needed in Port Elizabeth in the William Moffet areaOur client in the retail industry is currently seeking bright, bubbly, and energetic staff to join their team. Requirements (Non-negotiable):-Must have Assistant Store Manager experience in a retail store. Preferably someone who worked with linen, cutlery or crockery.-Matric-Clear...

  • Financial Manager

    3 days ago

    Gqeberha, South Africa Headhunters Full time

    Requirements:Relevant BCom degree, e.g. Accounting / Financial Management, or Higher Diploma.5+ Years relevant work experience.Computer literacy: Strong MS Excel skills.Experience with MDA property system advantageous. Responsibilities and expectations but not limited to:All Financial Movement / Disciplines relating to the business and property portfolio...

  • Financial Manager

    4 weeks ago

    Gqeberha, South Africa Network Recruitment Full time

    Job & Company Description:This well-known financial services company in South Africa is on the lookout for a Financial Manager! This company has been around for over 35 years and is looking to expand their dynamic team. This company promotes competitiveness and service excellence which ensures continuous learning within their company. If you want to join a...

  • Financial Manger based in Port Elizabeth

    4 weeks ago

    Gqeberha, South Africa Bambanani Recruitment Full time

    FINANCIAL MANAGERPERMANENT POSITION BASED IN PE / Eastern Cape Person ideally should reside in the Port Elizabeth areaPosition based within the Food Retail and Wholesale SectorIdeally the person is required to have worked as a Financial Manager within the Food Retail / FMCG Environment SectorSalary R 50 000.00 to R 55 000.00 ctc - Depending on experience...

  • Debtors Manager

    6 days ago

    Gqeberha, South Africa Staff Unlimited Recruitment Pty Ltd TA MPC Recruitment Group EC Full time

    Qualifications & Experience: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field would be advantageous.Minimum of 3 years’ experience in Medical industry debtorsAdvanced computer literacy skills including Ms Excel.Significant experience in a debt management or credit control leadership role, with a proven track record of...

  • Retail Store Supervisor

    3 weeks ago

    Gqeberha, South Africa Staff Unlimited Recruitment Pty Ltd TA MPC Recruitment Group EC Full time

    Our client is looking for an enthusiastic Retail Store Supervisor that is going to be part of one of the leading Foodservice Distributors in South Africa.Responsibilities:Receive payments from customers on the POS system.Greeting and assisting customers in a friendly and welcoming manner.Identify customer issues/complaints and take necessary steps to correct...

  • Senior Manager: Logistic and Contract Management

    4 weeks ago

    Gqeberha, South Africa NMU Full time

    CORE PURPOSE OF JOBResponsible for planning, co-coordinating and managing personnel to ensure flow of product from point of origin to point of consumption. Co-ordinates all logistics preparations to ensure the core business is not disturbed. Assists in the development of policies, standards and procedures for product movement, monitoring and ensuring...

  • Senior Manager: Logistic and Contract Management

    4 weeks ago

    Gqeberha, South Africa Adzuna ZA B C2 Full time

    CORE PURPOSE OF JOBResponsible for planning, co-coordinating and managing personnel to ensure flow of product from point of origin to point of consumption. Co-ordinates all logistics preparations to ensure the core business is not disturbed. Assists in the development of policies, standards and procedures for product movement, monitoring and ensuring...

  • Financial Analyst

    2 days ago

    Gqeberha, South Africa Glass Consulting and Advisory Enterprise (Pty) Ltd Full time

    Financial AnalystDesired skills:•CA (SA)•Experience +4yrs•Understand valuation•Understand corporate finance•Advanced excelDuties: •Collect monthly management accounts of investees•Develop forecast tools and dashboards to analyse revenue variance, business and industry trends•Analyse industry sector trends•Analyse financial data to identify...

  • Financial Analyst

    6 days ago

    Gqeberha, South Africa Talent Scout Full time

    Desired skills•CA (SA)•Experience +4yrs•Understand valuation•Understand corporate finance•Advanced excel•Collect monthly management accounts of investees•Develop forecast tools and dashboards to analyse revenue variance, business and industry trends•Analyse industry sector trends•Analyse financial data to identify trends and opportunities...

  • Financial Accountant

    4 weeks ago

    Gqeberha, South Africa Snaphunt Full time

    The OfferOpportunity within a company with a solid track record of performanceLeadership RoleAttractive Salary & BenefitsThe JobJOB DESCRIPTION: -Manage all accounting transactionsPreparation of monthly reconciliations and reports of all Balance sheet accountsPrepare budget forecasts and analysisHandle monthly, quarterly, and annual closingsReconcile...

  • Financial Accountant

    4 weeks ago

    Gqeberha, South Africa Red Rock Recruitment Full time

    We have an exciting opportunity available for a suitably qualified Financial Accountant to join our team, in Port Elizabeth., reporting to the CFO.The RoleJOB DESCRIPTION: -Manage all accounting transactionsPreparation of monthly reconciliations and reports of all Balance sheet accountsPrepare budget forecasts and analysisHandle monthly, quarterly, and...

  • Leasing manager

    1 week ago

    Gqeberha, South Africa Talent Scout Full time

    A leading retail brand in South Africa is looking for a dynamic individual to Head up the leasing division that is based in Port Elizabeth.You will be a strong negotiator that is able to secure sustainable leases for the relevant franchised stores nationwide. Your excellent knowledge of the retail leasing industry, business acumen and financial knowledge...

  • Financial Analyst

    4 weeks ago

    Gqeberha, South Africa Profile Personnel Full time

    Financial Analyst required for a leading automotive company based in Kariega Applications are invited from suitably qualified & experienced employees to fill the above vacancy in Strategic Finance Planning department.Education & Experience B Com Degree (Accounting 3)/ National Diploma in Cost Management AccountingHave 3-5 years’ financial experience in a...

  • Bookkeeper

    1 day ago

    Gqeberha, South Africa Talent Scout Full time

    Purpose of the Role:A bookkeeper is a financial professional responsible for maintaining accurate and up-to-date financial records for an organisation. They play a crucial role in managing the day-to-day financial operations and ensuring that financial information is recorded and organised effectively.Key Responsibilities: -Bookkeeping of at least 8 stores...

  • Accountant

    6 days ago

    Gqeberha, South Africa Talent Scout Full time

    Key Responsibilities: oGeneral-Managing bookkeepers, training and assisting in queries;-Monitoring to ensure that requirements of bookkeepers are met;-Mentoring and counseling bookkeepers which includes monthly ratings;-Attending to daily queries at store level; and -Maintenance and management of the information saved on the electronic storage drives for...

  • Accountant

    6 days ago

    Gqeberha, South Africa Staff Unlimited Recruitment Pty Ltd TA MPC Recruitment Group EC Full time

    Qualifications & Experience: Bachelor's degree in Accounting, Finance, or a related field. Professional certifications such as CPA (Certified Public Accountant) or ACCA (Association of Chartered Certified Accountants) are preferred.Proven experience working as an Accountant or in a similar financial role.Key Responsibilities: GeneralManaging bookkeepers,...

  • Senior Stock Administrator

    21 hours ago

    Gqeberha, South Africa Staff Solutions Recruitment Full time

    Main Duties/Key Results Areas: Request outstanding documents from cold stores. Manage queries with cold stores and other internal departments with minimal assistance from Financial Controller and Manager. Assist the Stock Administrators with queries as directed by the Financial Controller and Manager. Weekly cost changes for costing of inventory and...