South Africa

Financial Manager (QSR) - KZN, Durban

Financial Manager (QSR) - KZN, Durban
Description
THE ROLE To lead and control the full finance function for a multi-store QSR (Quick Service Restaurant) franchise group, ensuring strong daily financial controls, accurate reporting, statutory compliance, and commercially focused insights. The role requires regular travel to all outlets to conduct on-site financial audits, compliance reviews, stock and cash checks, and to work closely with Operations and Store Management to ensure financial discipline at outlet level.

KEY OUTCOMES

Accurate monthly management accounts per store and consolidated group

Strong daily controls over sales, cash, banking and inventory

Reduced waste, shrinkage and margin leakage through on-site audits

On-time statutory and tax compliance

A disciplined, well-led finance team

Consistent financial compliance across all outlets

KEY RESPONSIBILITIES: Financial Leadership&Team Management:

Lead, manage and develop the finance team

Allocate and review daily, weekly and month-end outputs

Implement finance SOPs, approval matrices and controls

Ensure audit-ready processes and documentation

Store Audits, Compliance&Travel:

Travel regularly to all outlets to perform on-site financial audits

Conduct cash-up, safe count, float and banking compliance checks

Review store adherence to financial SOPs and franchisor requirements

Verify stock management practices and investigate variances

Produce store audit reports with action plans

Daily Sales, Cash&Revenue Control:

Oversee POS sales reconciliations vs bank deposits and delivery platforms

Monitor voids, refunds, discounts and exception reports

Investigate discrepancies and elevate non-compliance

Maintain fraud prevention and loss-control measures

Cost of Sales, Stock&Supplier Control:

Analyse theoretical vs actual food and packaging costs

Review stock counts, waste and shrinkage trends

Oversee supplier invoice matching and creditor reconciliations

Partner with Operations to reduce cost leakage

Management Reporting&Performance Analysis:

Prepare monthly management accounts per store and consolidated

Deliver KPI dashboards and variance analysis

Benchmark store performance and identify risks/opportunities

Budgeting, Forecasting&Cashflow:

Lead annual budgets and rolling forecasts

Manage cashflow forecasting and working capital

Support capex planning and ROI tracking

Statutory, Tax&Governance:

Review and submit VAT returns and reconciliations

Oversee payroll statutory compliance (PAYE/UIF/SDL)

Coordinate annual financial statements and audits

Manage relationships with accountants, auditors and banks

Operational Partnership:

Work closely with Operations and Store Managers

Provide financial training to store management

Support new store openings and system rollouts

KEY KPIs:

Month-end close by Day 5–7

Sales reconciliation exceptions resolved within 48 hours

Stock variance and waste within thresholds

100% on-time statutory submissions

Completion of scheduled store audits with documented outcomes

MINIMUM REQUIREMENTS: Qualifications:

BCom Accounting / Finance or equivalent

CIMA / SAICA / SAIPA very advantageous

Experience&requirements:

5–8+ years in QSR, retail, franchise or multi-site finance roles

Proven finance team leadership experience

Hands-on store audit and control experience

Must have valid driver's license and reliable vehicle

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Financial Manager (QSR) - KZN has been posted in the Durban Accounting, Financing & Banking category on Locanto.

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