Finance Manager

2 weeks ago


Cape Town, South Africa Outsourced CFO Full time

We are recruiting on behalf of our client who specializes in the supply and distribution of high-quality home and garden products in South Africa. 

This role offers an exciting opportunity for a detail-oriented and experienced finance professional to lead the finance function and oversee operations within a growing distribution business located in the South Suburbs.

If you are a results-driven individual with a commitment to financial excellence and a strong ability to navigate the complexities of the retail industry, we encourage you to consider this opportunity to join our dynamic team.

Key Responsibilities

Monthly Tasks

  • Prepare cash flow statements and management reports
  • Analyze and interpret management data
  • Review and approve debtors, credit notes, stock write-offs, and creditors
  • Oversee payment schedules (monthly and weekly) and all balance sheet reconciliations
  • Process month-end financial journals and maintain the Fixed Asset Register
  • Submit VAT and EMP returns on SARS e-filing
  • Handle payroll preparation and submission

Bi-Annual Tasks

  • Manage KPI process, set team KPI’s, and recommend salary increases/bonuses based on performance
  • Prepare and submit provisional tax returns on SARS e-filing

Annual Tasks

  • Prepare budgets and forecasts, audit schedules, and year-end audit journals
  • Oversee the year-end audit process, review provisional AFS, and close the year in Acumatica

Operations Management

  • Collaborate with operations to ensure efficient processes
  • Monitor and review operational stats, 3PL costs, and stock integrity
  • Review costing for imported/local stock and oversee stock takes at all warehouses

General & Ad-hoc Responsibilities

  • Ensure data integrity across systems (Acumatica, Qlik, NetStock, Repsly)
  • Maintain tax, accounting, and compliance standards
  • Implement controls to streamline finance and operations and mitigate risks
  • Lead and train team members, manage IT, HR, and payroll functions
  • Ensure compliance with Foreign Exchange Control, CIPC, SARS, and DOL requirements
  • Manage treasury and banking profiles and respond to ad-hoc requests from CFO, CEO, and Directors

Key Requirements

  • Strong verbal and written communication skills
  • Team leadership skills to foster a productive and positive work environment
  • Proficiency with data, systems, and analysis
  • Ability to prioritize tasks, multitask, and meet deadlines
  • Excellent attention to detail and problem-solving skills
  • Advanced Excel skills (pivot tables, XLOOKUP, complex IF formulas) and Microsoft 365 suite proficiency
  • Familiarity with Acumatica or other ERP systems
  • Adaptable to a fast-paced, entrepreneurial environment, willing to be hands-on

Qualification Requirement:

  • BCom/Business Science (Finance/Accounting Degree) from a university 

Experience:

  • 5 years experience in a similar role

Reports to:

  • CFO
  • Based in office in Westlake (Cape Town) 
  • Full time onsite


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