Financial Manager
3 days ago
Minimum Requirements:
- Matric.
- Essential: Bachelors degree in Finance, Accounting, or a related field.
- Preferred: Professional certification such as CA (SA) or CIMA.
- Minimum of 5 years of financial management experience, preferably within a medium-sized organisation.
- Advantageous: Experience working with:
- Sage Evolution,
- Granite Barcoding,
- Qlik Sense,
- MS Office,
- Must have own vehicle and a valid Drivers License.
- Availability to travel nationally to branches as needed.
- Strong understanding of financial regulations, accounting principles, and financial reporting standards.
- Advanced analytical, problem-solving, and decision-making abilities.
- Proficiency in financial software and tools, including Microsoft Excel and ERP systems.
- Excellent communication and leadership skills, with the ability to work both independently and collaboratively in a team environment.
Duties and Responsibilities:
Financial Planning and Budget Management
- Lead the preparation of annual budgets for Sales, Marketing, Salaries, and Operations, ensuring alignment with organizational objectives.
- Conduct quarterly budget reviews and make necessary forecast adjustments.
- Monitor and report on budget performance, offering actionable insights and recommendations.
Financial Reporting and Compliance
- Oversee the accurate and timely preparation of monthly, quarterly, and annual financial reports.
- Coordinate the preparation of estimates for provisional tax returns.
- Manage the annual audit process, ensuring the availability of Annual Financial Statements (AFS) by the end of April each year.
Cash Flow Management
- Monitor and manage cash flow to meet company obligations effectively.
- Maintain cash flow forecasts and collaborate with FNB Forex to mitigate financial risks.
Team Leadership and Development
- Supervise and mentor the finance team to ensure high performance and productivity.
- Conduct regular performance reviews and facilitate training and development opportunities.
Inventory Management
- Coordinate stock takes according to the agreed schedule.
- Ensure accuracy in stock databases to meet reporting requirements.
- Maintain stock level spreadsheets and approve inventory purchase orders within agreed limits.
- Oversee the timely approval and recording of write-offs and manage monthly reconciliations of supplier backorders and returns.
Invoicing and Accounts Management
- Ensure the finance team maintains up-to-date invoicing and GIV records.
- Communicate outstanding purchase order (PO) and GIV details to the sales team.
Strategic Financial Planning
- Collaborate with senior management to develop and implement strategic business plans.
- Provide financial insights and recommendations to drive informed decision-making and support business growth.
Ad Hoc Projects
- Manage special projects as needed, such as BBBEE compliance and ISO certifications.
Closing Date:
Submissions for this vacancy will close on 17 January 2025, however you will still have the opportunity to submit your CV for this position till 9 February 2025.
Please Note:
Thank you for submitting your CV to Marvel Placement Consultants. We value your submission, and we try our utmost best to get back to each applicant. However, should your application be successful, we will be in contact with you. Should you not hear from us within two weeks of application, please consider your application unsuccessful. We are, however, recruitment specialists and will keep your details on our database for possible future opportunities.
PoPI Act:
Please note that Marvel Placement Consultants adhere to the POPI Act (Act No. 4 of 2013: Protection of Personal Information Act, 2013). Section 9 of PoPI states that "Personal Information may only be processed if, given the purpose for which it is processed, it is adequate, relevant and not excessive".
For more information please contact:
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