Financial Manager

Cape Town
Salary: Market Related
Job Type: Permanent
Sectors: Accounting
Reference: NFR004886/PvdB

Apply before Nov 08 2024 | 3 Days left

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Vacancy Details

Employer: Network Recruitment

As the Financial Manager, you will oversee the financial operations of our retail business, managing budgeting, forecasting, and financial reporting. You will play a key role in ensuring the profitability and financial sustainability of our retail operations, supporting strategic decision-making, and driving cost efficiency. This role requires a deep understanding of retail finance, including inventory management, sales analysis, and cash flow optimization.

Key Responsibilities:

Manage the preparation of monthly, quarterly, and annual financial reports, including profit & loss statements, balance sheets, and cash flow statements.
Lead the budgeting and forecasting process, ensuring alignment with business goals and market conditions.
Analyse key financial metrics, including sales performance, gross margins, operating costs, and inventory turnover, providing actionable insights to optimize profitability.
Implement and maintain robust internal financial controls, ensuring compliance with financial regulations and company policies.
Manage cash flow, ensuring sufficient liquidity for daily operations and investment needs, while optimizing working capital and inventory levels.
Monitor and report on store performance, identifying trends, risks, and opportunities to drive cost control and revenue growth.
Collaborate with retail operations, marketing, and supply chain teams to optimize pricing strategies, inventory management, and cost efficiencies.
Oversee the accounts payable/receivable functions and ensure timely and accurate reconciliations.
Lead financial audits and ensure compliance with tax regulations, including sales tax, VAT, and other relevant obligations.
Provide financial support for new store openings, lease negotiations, and capital expenditure decisions.

Job Experience & Skills Required:

Completed CA(SA) qualification.
3-5 years post-articles experience and 2 years’ experience within management.
Experience within the retail sector is non-negotiable.

If you are interested in this opportunity, please apply directly. For more finance jobs, please visit www.networkrecruitment.co.za

If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.

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About Network Recruitment

Network Recruitment

Network Recruitment is a leading specialist recruitment company in the fields of IT, Finance and Engineering.

Since our establishment in 1987, we have been at the forefront of the specialist recruitment industry. Network Recruitment’s key to success is the focus on delivering superior quality service by developing and maintaining an exclusive focus on sourcing high-calibre skills for medium-sized to JSE-listed companies operating in these three niche sectors across South Africa.

Our experience in permanent and contract-based recruitment enables us to provide you with recruitment solutions that meet your long- and short-term needs.

Network Recruitment is a division of ADvTECH Resourcing, the recruitment arm of the national JSE-listed ADvTECH Limited Group a leader in quality education, training, skills development and placement services.