Financial Controller
7 hours ago
About the Role: Network Recruitment is seeking an experienced Financial Controller to join our client, a leader in their industry, based in Sandton, Johannesburg North. This role offers an incredible opportunity to contribute to the financial success of a thriving company while staying ahead in a competitive market.
About You: We are looking for a meticulous and highly skilled individual with 2-5 years of post-articles experience within the retail, wholesale, or franchise industry. Your extensive knowledge on managing stock and inventory levels, as well as your strong understanding of IFRS, tax laws, and South African regulatory requirements, will be invaluable in this position. In addition to your technical skills, you will possess excellent communication and leadership abilities, enabling you to effectively collaborate with internal teams and external stakeholders.
Key Responsibilities:
- Financial Reporting & Compliance: Maintain accurate financial records that adhere to local accounting standards and company policies, preparing management accounts and annual financial statements.
- General Ledger Management: Oversee the general ledger, ensuring accurate classification of transactions.
- Stock Control: Implement and maintain robust stock control processes, ensuring effective inventory management.
- Costing: Manage costing processes, providing accurate cost analysis to support pricing and profitability decisions.
- Reconciliations & Analysis: Reconcile accounts, including bank statements, accounts receivable, and payable; identify and resolve discrepancies promptly.
- Budgeting & Forecasting: Assist in the preparation of budgets and financial projections, analysing financial performance against budgets and forecasts and offering actionable insights.
- Management Accounting: Conduct management accounting tasks, including variance analysis, to inform strategic decision-making.
- Month-End & Year-End Closing: Lead month-end and year-end closing procedures for timely, accurate financial reporting.
- Process Improvement: Collaborate with internal teams to enhance financial processes, implementing improvements to streamline operations.
- Audit & Compliance Support: Support external audits, ensuring regulatory compliance and adherence to IFRS and tax laws.
Requirements and Qualifications:
- Bachelors Degree in Accounting, Finance, or a related field.
- Completed SAICA/SAIPA articles.
- 2-5 years of post-articles experience within the retail, wholesale, or franchise industry.
- Extensive knowledge on managing stock and inventory levels.
- Strong knowledge of IFRS, tax laws, and South African regulatory requirements.
Estimated Salary: R750,000 - R1,000,000 per annum.
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