Financial Manager, Johannesburg

Please note that this position is based in The Middle East, relocation, accommodation and additional benefits apply.

The Finance Manager is responsible for working closely with Head of Businesses in maximising profit, cost control, driving KPIs and ensuring optimum working capital for smooth running of the business.

The Finance Manager is responsible to work on controlling the accounting principles&entries, creating financial statements, making the system reconciliations ( SAP/ Financial models), managing the relations with internal/external audit&group finance and reporting monthly standard reports to group and retail finance with the support of their team.

Duties and Responsibilities Financial Controlling

Financial Asset Management to maximize returns

Balance sheet review with controlling team

Vendor Management

Tax returns and compliance

Intercompany and Intra Company management

Managing working Capital and Full control over cash flow

Risk Management– Assessing operations and observed the financial risk

Insurance policies renewals and updates

Giving guidance on financial decision by monitoring policies and procedures

MM module Landed Factors control

Capex Management for new stores and refurbishment

Impairment assessment with Central Finance team

Reporting and Budgeting

Full involvement in the Budget&Strat Plan process land supporting head of business in planning targets

Preparing Balance sheet and cash flow

Controlling BPC and SAP upload and reconciliations

Managing balance sheet exposures and Write offs

Audits and SOP’s

Point of contact for internal and external audit

Coordinating with group Internal Audit

Coordinating external audits for the brand

Conducting timely audits by internal resource to check and ensure non store process compliance and minimizing company risk

Tax compliance

Having Control on business functions and business support

Ensure that the finance department delivers timely and qualitative information to all departments on all aspects of the business

Partnering commercial team for vendor rebate management

Preparation of Direct Cash Flow

Co-ordinate with Retail treasury team on funding requirement

Project Analysis and expansion

Supporting all feasibility analyses for new investments– preparing long term P&L, BS&CF with NPV, IRR analytics.

Maintain Closing Balance sheet controls in co-ordination with retail teams

Requirements

Bachelor’s degree on Finance or Business Administration

10 years’ experience in finance function, preferably in Oil and Gas Sector/ Construction

Having a business acumen and leadership skills, knowledge of accounting principles, SAP, budgeting, and SAP/ BPC

FM experience in KSA

Please note that by submitting your personal information to Deka Minas you free-willingly issue the business consent to make use of such data for the specific purpose of securing you either permanent or temporary employment. Our business makes use of a POPIA compliant database and you have the right to access, right to correction and right to deletion of your personal information.

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