Key Responsibilities
Financial Reporting
- Prepare monthly, quarterly, and annual financial statements, including balance sheet, income statement, and cash flow.
- Ensure compliance with IFRS, the Companies Act, and other statutory requirements.
- Maintain the accuracy of the general ledger, fixed asset register, and reconciliations.
- Contribute to board packs and management presentations by providing financial schedules and variance analysis.
Management Accounting
Assist with the preparation of monthly management accounts across the Group.Perform variance analysis against budgets and forecasts with supporting commentary.Review reconciliations of key balance sheet accounts, ensuring timely resolution of outstanding items.Support product costing, stock valuations, and financial analysis of factory and retail operations.Budgeting and Forecasting
Assist in the preparation of annual budgets and consolidated financial packs.Contribute to monthly and quarterly forecasts, highlighting risks and opportunities.Monitor actual performance against budget and provide explanations for variances.Cash Flow and Treasury Support
Prepare rolling cash flow forecasts and monitor liquidity requirements.Reconcile cashbook transactions and assist in managing banking relationships.Support working capital management through monitoring receivables and payables.Statutory Compliance and Audit
Prepare supporting documentation for annual statutory audits.Liaise with auditors by providing schedules, reconciliations, and resolving queries.Support preparation of the Group Annual Financial Statements in line with IFRS.Maintain updated accounting policies and procedures to support compliance.Payroll Support
Assist payroll team with reconciliations of salaries, wages, deductions, and benefits.Ensure payroll journals are processed accurately and on time.Support compliance with SARS, UIF, and other payroll-related legislation.Taxation
Prepare tax computations for income tax, VAT, and provisional tax.Assist with SARS submissions and respond to queries or audits as required.Stay updated with tax legislation to ensure compliance.Compliance and Risk
Ensure adherence to financial controls and risk management policies.Assist in implementing audit recommendations and internal control improvements.Safeguard company assets through accurate and transparent financial processes.Process Improvement
Identify opportunities to streamline financial processes and reporting systems.Assist in automation initiatives to improve efficiency within the finance function.Support the documentation of accounting policies and procedures.Stakeholder Support
Provide financial insights to business units, factory operations, and retail centres.Collaborate with cross-functional teams to resolve financial and operational queries.Support management in decision-making through timely and accurate reporting.Qualifications and Experience
As a minimum Bachelors degree in Accounting, Finance with Honours and articlesProfessional qualification (CA(SA), CIMA, or equivalent) preferred.Minimum 35 years relevant experience in financial accounting.Strong technical knowledge of IFRS and South African tax legislation.Experience in manufacturing or retail industries advantageous.Proficiency in ERP systems (e.g., JDE, SAP) and advanced Excel skills.Skills and Competencies
Strong analytical and problem-solving ability.High attention to detail and commitment to accuracy.Ability to work under pressure and meet deadlines.Strong interpersonal and communication skills.Proactive approach to continuous improvement.