Job Description

Position summary
Industry: Auditing/Accounting
Job category: Financial Accounting
Location: Cape Town
Contract: Permanent
Remuneration: Market Related
EE position: No
Introduction
To assist the Financial Manager (FM) with providing the business with a sound system of performance management that is aligned with the achievement of company-wide financial goals. To optimize the ongoing and sustainable profit performance by providing the necessary decision-making framework and support
Job description
Assist the FM with effective planning in the form of an annual budget which is regularly updated with a forecast. Liaise with the BU stakeholders to provide accurate, consolidated budgets and forecasts for the BU.
Variances to budget, forecast and last year are analysed and recommendations are made to correct or improve profitability.
Assist the FM with month-end reporting.
Update monthly expense, sales and gross profit reports and variance analyses on BU cost centres.
Assist the FM with in-depth analyses which are performed on key financial risk / opportunity areas in the business. The financial levers are understood and communicated to the business together with clear recommendations.
Identify cost management opportunities - processes or expenses - for ensuring a sound return for shareholders and make recommendations on how these should be dealt with.
Assist the FM with inputs required for the assessment of business initiatives, to ensure that they meet the required returns. Support the FM with the post implementation review (PIR), to assess the delivery of benefits.
Make an effective and positive contribution to the Business unit in the execution of its strategy and in its performance, and to be recognised as such by the BU leadership team.
Play an effective role in the Finance team to ensure the combined delivery of the Finance Strategy.
Minimum requirements
Relevant Financial qualification - B Comm or similar articles / experience.
B Comm or similar articles -
1 year experience within a retail (or similar) environment
B Comm or similar - 3year experience within a retail (or similar) environment
Able to develop and use financial models and to define key profit drivers.
Able to explain financial models to line management and the business
Able to use models for ongoing Business Unit performance assessment and management.
Able to develop and produce clear financial management information.
Able to analyse financial information and make clear recommendations for improvement.
Able to inspire and motivate others around them
Able to effectively use and improve how we use the latest decision support technologies (e.g. Hyperion, Excel, Qlikview)

Skills Required