Recruitment-room Volunteers

Financial Manager

Finance/AdminCape Town – Western Cape
6 days ago
Application ends: July 13, 2024
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Deadline date:
July 13, 2024

Job Description

A dynamic and fast-paced global sports brand is looking for a highly skilled Financial Manager to join their team. The ideal candidate will be responsible for overseeing financial operations, utilizing Sage Evolution accounting software, managing inventory stock, and leading a team of accountants to ensure the company’s financial health and compliance. A bachelor’s degree in Finance, Accounting, or a related field is required, along with proven experience (5+ years) as a Financial Manager or in a similar role within a distribution or retail environment.
Financial Management:
  • Oversee all financial operations, including budgeting, forecasting, and financial reporting.
  • Cash flow management.
  • Prepare and present financial statements and reports to senior management.
  • Ensure compliance with all financial regulations and standards.
Accounting and Tax Operations:
  • Manage and maintain the company’s accounting records using Sage accounting software.
  • Oversee the preparation of monthly and annual financial statements.
  • Ensure timely and accurate processing of accounts payable and receivable.
  • Royalty calculations and declarations
  • Ensure invoices, collection of revenues, incoming invoices and reconciliations are correctly accounted for and/or are correctly and timeously processed.
  • Ensure that all direct, indirect (VAT) and payroll tax returns are filed, and all taxes, levies and duties are timely and correctly paid and generally be responsible for tax compliance.
Inventory Management:
  • Oversee the financial aspects of inventory management, including stock valuation and cost analysis.
  • Work closely with the inventory management team to ensure accurate stock levels and valuation.
  • Implement and monitor internal controls related to inventory.
Team Leadership:
  • Lead, mentor, and manage a team of 3 staff, providing guidance and professional development.
  • Delegate tasks and projects effectively to ensure efficient workflow within the team.
  • Conduct regular performance evaluations and provide constructive feedback.
Financial Planning & Analysis:
  • Conduct financial analysis to identify trends, variances, and opportunities for cost savings and efficiency improvements.
  • Develop and implement financial strategies to support business growth and profitability.
  • Provide financial insights and recommendations to support strategic decision-making.
Audit & Compliance:
  • Coordinate and oversee external audits.
  • Ensure adherence to financial policies, procedures, and controls.
  • Maintain up-to-date knowledge of accounting standards and regulations.
  • Bachelor’s degree in Finance, Accounting, or a related field.
  • Proven experience (5+ years) as a Financial Manager or similar role in a distribution or retail environment.
  • Proficiency in Sage accounting software.
  • Proven stock control management experience
  • Strong knowledge of inventory management and stock valuation.
  • Excellent leadership and team management skills.
  • Strong analytical and problem-solving abilities.
  • Exceptional communication and interpersonal skills.
  • High level of integrity and attention to detail.