Trainee Divisional Financial Manager

2 weeks ago

Umhlanga, KwaZulu-Natal, South Africa The Shoprite Group of Companies Full time R250 000 - R500 000 per year

Role Purpose
The purpose of the Trainee DFM role is to participate in various developmental or experiential financial activities in preparation for a DFM role. Given the nature of the process, mobility is key as one gets placed into roles as they become available (due to DFM movement). Although an outline of the programme is standardised, each Trainee Divisional Finance Manager will have a different learning experience based on their own exposures and development needs as assessed against the DFM role – gap analysis and readiness for placement.

What Candidates Are Working Towards
The purpose of the DFM role is to provide strategic and operational financial direction to the Division. The role is responsible for the overall financial management of the Division which includes budgeting, financial reporting, planning and analysis to enable business decision-making as well as ensuring that appropriate financial processes, controls, and standards are in place to mitigate risk and support a high growth business. The role oversees the operational financial activities including risk mitigation and loss prevention plans. The role provides accounting, commercial and business input into all aspects of the Divisional business unit business (Finance, Administration, Operations, Sales, HR, and IT etc.). The DFM focusses on the achievement of financial targets and business imperatives that will ensure that the divisional plan is successfully delivered upon. To improve divisional profitability by securing company assets and taking continuous corrective action based on the analysis of financial- and internal audit results.

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