Financial Manager
BizcommunityCape Town, Western Cape, South Africa5 days ago
Job descriptionMonitor and report on financial performance against budgets and forecasts. Conduct detailed variance analyses and provide actionable insights. Budgeting and Cost Management Ensure cost efficiency and effective resource allocation. Identify and implement cost-saving initiatives. Accounting and Compliance Preparation of technical accounting journals, e.g., IFRS 16, IFRS 15. Review journals prepared by junior team members. Preparation of annual consolidation and Group Financial Statements. Maintain compliance with all relevant financial regulations and reporting standards. Coordinate external audits and manage relationships with auditors. Review monthly VAT calculations, submit on e‑Filing, and ensure payments are authorised. Prepare certain annual tax calculations. Team Leadership Foster a culture of continuous improvement and accountability. Risk Management Manage cash flow, investments, and financial risks effectively. Stakeholder Collaboration Provide strategic financial insights to support decision‑making. Provide monthly (planned) and ad hoc reporting to team members at various levels within the business, including the CEO and CFO. Operational Assist junior team members with technical reconciliations of complex general ledger accounts. Prepare manufacturing division stock counts and perform test counts to assess the accuracy of the process followed by the business.
Cape Union Mart International (Pty) Ltd has been equipping South African adventurers since , and is South Africa's favourite outdoor adventure store.
Overview
We are seeking a highly motivated and detail-oriented Financial Manager to oversee the financial health and operational performance of various legal entities within the Cape Union Mart Group.
This role requires strategic planning, financial acumen, and the ability to lead a team effectively.
This person needs to be able to work well with team members at various levels within the business, from junior accountants to the CEO / CFO.
Key Responsibilities
- Financial Planning and Analysis
Develop and implement comprehensive financial strategies and budgets.
Prepare, manage, and oversee multiple annual budgets and components thereof.
Ensure timely and accurate preparation of financial statements and monthly management accounts.
Lead, mentor, and develop the finance team.
Identify financial risks and develop mitigation strategies.
Collaborate with senior management to align financial goals with organisational objectives.
Review payment reconciliations and release supplier payments.
Qualification
CA (SA) registered with SAICA with 0 (newly qualified) to 3 years post‑article experience.
Please note : The Cape Union Mart Group is committed to transformation.
Appointments and promotions will be made based on candidates who best meet the requirements for the position.
Preference will be given to candidates who will enhance the diversity of the team, aligned to our Employment Equity plan.
Location
Location : Cape Town | Job level : Mid | Reference : #
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Financial Manager • Cape Town, Western Cape, South Africa
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