Job Description

A leading luxury brand in fragrances, cosmetics, and personal care is looking for an experienced Financial Manager, based in Pinetown.
This role is key to ensuring financial accuracy, compliance with accounting standards and tax laws, and overseeing reporting and budgeting processes.
The position plays a vital part in maintaining financial integrity and driving operational efficiency across the retail business and wider group.
Key Responsibilities:
Financial Reporting & Accounting

• Prepare group monthly, quarterly, and annual financial statements in compliance with IFRSand South African regulations. Monthly Reporting to the Board
• Maintain accurate and up-to-date general ledger accounts.
• Reconcile financial discrepancies by collecting and analysing account information.

Budgeting & Forecasting:

• Assist in developing annual Financial budgets and forecasts.
• Monitor budget variances and provide insights for cost control.

Taxation & Compliance:

• Ensure compliance with South African Revenue Service (SARS) tax regulations, including VAT,PAYE, and corporate tax.
• Prepare and submit tax returns and assist with tax audits.
• Stay updated on changes in financial regulations affecting the retail industry.

Cash Flow & Treasury Management:

• Monitor and manage daily cash flow and banking activities.
• Assist in managing company treasury functions, including payments and collections.
• Ensure bank reconciliations are completed accurately and on time.
• Monthly cash flow analysis and reporting.

Internal Controls & Audits:

• Maintain and improve internal controls to prevent fraud and financial mismanagement.
• Assist with external and internal audits by providing necessary documentation and reports.
• Ensure proper record-keeping for all financial transactions.

Inventory & Cost Accounting:

• Oversee inventory accounting and valuation, ensuring accurate stock control.
• Monitor cost of sales and margins to support pricing strategies.
• Reconcile stock movement and resolve discrepancies.

Pricing and Promotions Administration:

• Ensure pricing and promotional changes required are affected timeously in the inventorymanagement system

People Management:

• Manage Bookkeeper and Debtors & Creditors Clerk

Key Requirements:

• CA (SA) qualification
• Min 8-10 years in a similar role, preferably in the retail sector.
• Strong knowledge of IFRS and South African tax regulations.
• Experience working with accounting software (e.g., Pastel, SAP, Xero).
• Strong numerical and analytical skills.
• High attention to detail and accuracy.
• Ability to work under pressure and meet deadlines in a fast-paced environment.
• Must be able to multitask
• Proficiency in Microsoft Excel and financial reporting tools.
• Strong communication and interpersonal skills.

Should you not receive a response within the next 2 weeks, please consider your application unsuccessful. Vacancies are advertised on our website, should you wish to keep abreast with our active roles.
IMPORTANT NOTICE
By applying to this advert you hereby acknowledge that you have read and accept the following Protection of Personal Information ACT (POPIA) disclaimer:
I hereby consent for Talented Recruitment to process my personal information as part of the recruitment process. Talented Recruitment shall take all reasonable measures to protect the personal information of applicants and for the purpose of this disclaimer "personal information" shall be defined as detailed in the Protection of Personal Information Act, Act 4 of 2013 ("POPIA").
For more information please contact:
Murray Sanders

Skills Required