Financial Manager (FTC) at Mr Price Group

Are you a transformational individual, who has a passion for numbers, and work well in a deadline driven environment? Mr Price Money is looking for a self-motivated, persevering and efficient Financial Manager to join their dynamic team for a 12 month contract to assist with extra project work

The Financial Manager will be responsible for ensuring that the financial systems, procedures and policies are proficiently reviewed, updated and maintained in accordance with accounting principles, legal procedures and the overall imperatives of the business. The key focus of this role will include preparation of the annual strategy, implementation and control of the annual budget and accurate monthly financial reporting aligned to the strategic goals of Mr Price Money.

Key responsibilities

Forecasting

• The ability to maintain and enhance a rolling forecast.
• The ability to test and challenge input assumptions to ensure the most accurate outcomes.
• Desire to integrate into the business operations to understand how it works and to be in a position to ask informed questions.
• Natural ability to network with peers across the Group and within the division.
• Knowledge of credit and affinity businesses is useful.

Strategy - business

• Preparation of the budget aligned to business imperatives and the distribution of the budget plan to all relevant contributors.
• Design and implementation of a cost structure and recovery on a monthly term for the various cost-centers.
• Liaising with relevant stakeholders in compiling an accurate and achievable budget.
• Production of a detailed strategy workings to support commentary and packs.

Strategy – Finance

• Apply a strategic mindset to the finance department of the future and create a plan on how to get there.
• Optimal organisation of resources to achieve standard reporting objectives while enabling the daily contribution to business and commercial decisions.
• Create a view on how to streamline and automate routine monthly reporting and drive to make this happen.

Budget

• Efficient monitoring of the budget to ensure that the deadlines are met.
• Production of detailed budget workings.
• Networking with relevant business heads in evaluating assumptions applied in the budget.
• Partnering with relevant stakeholders to re-evaluate and realign the budget before approval.
• Support and provide ongoing advice to management on budget related matters.

Policies and Procedures

• Conduct all processes in a manner that upholds integrity and company values and all other good governance principles.
• Ensure that financial solutions provided fall within the legislative framework.

Financial Reporting

Monthly,

• Timeous compilation of monthly general management booklets (GMB) packs for distribution to Group Finance and the Board.
• Strategic compilation of monthly forecasts to track where the business is in terms of the agreed budget.
• Ensure that monthly cost-centre reports are prepared within the required deadlines and in terms of donor requirements and submitted to relevant stakeholders.
• Efficient management of overheads expenditure, company bank accounts, petty cash and company credit cards control.
• Review monthly invoices and advance requests for all projects and ensure these are submitted to the donors within the required deadlines.
• Prepare quarterly submission and presentation of the organisation’s financial statements to the executive team.
• Monthly cash flow statements and cash flow control
• Performing GL reconciliations to ensure the accounts are balanced.
• Debtors’ collections, reconciliations and creditors’ reconciliations.

Half Year,

• Strategic collating of financial data to ensure that it is aligned to half-year results.
• Effectual production of half-year report packs inclusive of supportive financial data and the associated commentary.

Year End,

• Collaboration with external auditors for the year end and interim results.
• Strategic collating of financial data to ensure that it is aligned to year-end results.
• Effectual production of year-end report packs inclusive of supportive financial data and the associated commentary.

Dashboard,

• Liaising with the relevant parties to determine what information is considered relevant and useful to include on the dashboard
• Ensuring accuracy and integrity of the reports that are produced by reviewing the data.

Fixed Asset Management

• Management and oversight of the organisatison’s assets ensuring that fixed asset registers are maintained.

Requirements

A reminder that this is 12-month contract

• Qualified Charted Accountant, 3 years post articles experience essential
• 3 – 5 years’ post article experience
• Ability to work under pressure and within tight deadlines
• Proven ability to plan, organise and work methodically
• Ability to lead both direct and indirect reports
• High Proficiency in Microsoft Excel
• Excellent eye for detail
• Strong analytical capabilities