Finance Manager (USAVE) at Shoprite Group of Companies

Purpose of the Job    

• The purpose of the Finance Manager, USAVE role is to provide strategic and operational financial direction to the USAVEbusiness unit. The role will be responsible forthe strategic planning of the USAVEfinance function andoverall financial managementwhich 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.

Job Objectives    
Strategic Focus

• Build and mature the finance competency within the USAVE channel. 
• Provide strategic financial input and support to the management team in achieving its strategic goals and building the USAVE business. 
• Provide accounting, commercial, and business input into all aspects of the business across Operations, Sales, HR, and IT.

Financial Reporting

• Manage, direct, and oversee month-end processes.
• Ensure continuous improvement of daily, weekly, and monthly analysis and reporting across the business to ensure that management has timeous, accurate, and value-adding information (SAP reports, P&L, departmental reporting). 

Financial Management

• Lead budget process for the business. 
• Oversee the planning and management of the internal audit process, action audit findings and liaise with external auditors when required. 
• Ensure effective cost management and optimisation across the business and make recommendations to manage costs in line with business activity. 
• Manage stock movement / monitor DC shipment.

Financial Controls

• Assess and develop in-depth understanding of the end-to-end control environment of the business and identify any control weaknesses. 
• Ensure that adequate internal controls are implemented, maintained and monitored across all areas of the business. 

Risk

• Implement a risk framework to ensure that all Strategic, Operational and Financial Risks are identified and documented.
• Implement and maintain the risk register, identify risk mitigations and ensure implementation.

Qualifications    

• CA/ CIMA qualification 

Experience    

• +6 years’ experience in a similar senior financial management role with proven experience in a retail environment and its drivers of performance – (essential)
• Proven experience developing and managing new frameworks, processes and procedures to enable a growing business while ensuring rigorous compliance – (essential).

Knowledge and Skills    

• Depth of financial expertise with proven skills in financial accounting, budgeting, reporting and risk management – (essential).
• Strong business acumen with general knowledge of business outside of the financial sphere – (essential).
• Knowledge of SAP – (essential).