Finance Manager

4 days ago

Pretoria, Gauteng, South Africa MJ FINCO Full time

Direct message the job poster from MJ FINCO

Job Type: Permanent, full-time, on-site

Reporting to: Managing Director

Our client, who is a well-established and reputable franchise group in South Africa is seeking a Financial Manager to join their dynamic team. Training on the specific financial systems and controls will be provided to the successful candidate.

Job Summary:

We are seeking a detail-oriented and reliable Financial Manager to oversee financial administration and operations across multiple stores. The ideal candidate will manage cash flow, creditor and debtor accounts, payroll processes, and statutory compliance, while producing accurate financial reports to drive decision-making and ensure operational efficiency. This role requires a hands-on individual with excellent organizational skills and the ability to handle complex financial systems and processes.

Key Responsibilities:

  1. Manage daily bank accounts and payment schedules.
  2. Oversee cash flow operations, ensuring timely payments and accurate tracking.
  3. Handle balancing and reconciliation of cash offices, petty cash, and weekly safe counts.

Creditors & Debtors Management:

  1. Reconcile monthly supplier statements and process payments.
  2. Handle invoices, credit applications, and account queries.
  3. Maintain accurate debtor records and ensure prompt collections.

Payroll & Human Resources:

  1. Process and release payroll for all stores, including importing payroll data to the bank.
  2. Submit monthly UIF declarations and handle salary tax submissions.
  3. Reconcile Provident Fund contributions and manage employee timetables.

Statutory Compliance:

  1. Prepare and submit VAT, EMP201, and annual EMP501 reconciliations.
  2. Complete Workman's Compensation declarations and other required statutory filings.
  3. Prepare and present detailed income statements, gross profit analyses, and cash flow forecasts.
  4. Ensure compliance with auditing requirements and provide documentation for external reviews.
  5. Generate and analyze weekly sales and stock reports to identify inefficiencies and address negative GP trends.

Stock & Inventory Management:

  1. Monitor and analyze inventory levels across departments and stores.
  2. Produce reports on optimal stock levels, overstocked items, and underperforming inventory.

Other Key Tasks:

  1. Assist in budget preparation and comparisons of budget versus actual results.
  2. Maintain updated loan account records and depreciation schedules.
  3. Provide financial insights and support to senior management for strategic planning.

Candidate Profile:

We are looking for a proactive individual with a strong understanding of financial systems, inventory management, and statutory requirements. The candidate must be analytical, organized, and able to balance multiple responsibilities while meeting deadlines. Experience in cost price calculations, payroll systems, and financial reporting is essential.

Key Attributes:

  • Honest, dependable, hardworking and ambitious.
  • Ability to manage and motivate a team in your department (6-8 individuals).
  • Ability to build and maintain relationships with key stakeholders.
  • A team player who thrives in a dynamic and fast-paced environment.
  • Strong problem-solving skills with an eye for detail.

Minimum Qualifications:

  • Valid Matric & own reliable transport.
  • 3 – 5 years' experience in financial management, auditing, or accounting.
  • Experience in retail industry in a financial capacity is a plus.
Seniority level
  • Mid-Senior level
Employment type
  • Full-time
Job function
  • Finance and Sales
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