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Store Finance Manager

Store Finance Manager

Staff Solutions RecruitmentRustenburg, South Africa
25 days ago
Job description

Key Responsibilities

Financial Control & Reporting

  • Daily, weekly, and monthly financial reporting to Head Office.
  • Review payroll reports weekly before submission.
  • Ensure compliance with all Head Office deadlines.
  • Provide monthly performance updates to the executive committee.
  • Daily reconciliation between Arch and Pastel.
  • Conduct supplier reconciliations and manage direct supplier payments in consultation with Head Office.

Supplier Management

  • Maintain positive supplier relationships and manage COD payments.
  • Control creditor claims and documentation flow between departments.
  • Audit transactions and reconcile supplier statements against Pastel Evolution.
  • Monitor supplier balances and ensure working capital is optimized.
  • Debtor Management

  • Track and manage debtors, ensuring timely collections.
  • Ensure all debtor accounts are properly documented and maintained.
  • Risk Management

  • Enforce store compliance with internal policies and procedures.
  • Collaborate with internal and external auditors.
  • Safeguard store assets, including stock and cash.
  • Oversee GRV (Goods Received Voucher) verification and accuracy.
  • Monitor cashier operations, perform float checks, and ensure daily reporting on variances.
  • Manage system user permissions and maintain control of store vouchers and coins.
  • People Management

  • Lead and motivate finance and administrative teams.
  • Manage staff schedules, overtime, leave planning, and timekeeping.
  • Ensure compliance with HR policies and the Basic Conditions of Employment Act.
  • Handle staff grievances and manage within Limits of Authority.
  • Regularly review team performance and provide training and development support.
  • Cash & Expense Management

  • Ensure all daily cash handling procedures are followed (cash drops, pick-ups, payouts, etc.).
  • Review and sign off on daily cash-up reports.
  • Reconcile cash deposits, card transactions, and petty cash.
  • Authorize payments and ensure proper expense control.
  • Manage income statement accuracy, rebate tracking, and budget adherence.
  • Monitor debtor aging reports and enforce agreed payment terms.
  • Systems & Procedures

  • Ensure full compliance with store systems and financial procedures.
  • Review all overrides and refunds daily.
  • Stock Take & Inventory Oversight

  • Prepare and assist in monthly and quarterly stock takes.
  • Ensure stock takes are aligned with CPA and budgeted costs.
  • Investigate variances and work with operations on corrective actions.
  • General & Ad Hoc Responsibilities

  • Take on additional duties as assigned by the Store Manager or Head Office.
  • Participate in ongoing performance reviews and store audits.
  • Be available to temporarily fulfill other roles within the business as needed.
  • Key Competencies

  • Strong Financial Management and Accounting Knowledge
  • Strategic Thinking and Analytical Ability
  • Effective Leadership and Team Development Skills
  • Excellent Communication and Interpersonal Skills
  • High Attention to Detail and Accountability
  • Risk and Compliance Awareness
  • Qualifications & Experience

  • Bachelors degree in Accounting, Finance, or a related field.
  • 35 years experience in a financial management role (retail experience preferred).
  • Strong understanding of financial reporting, budgeting, and cost control.
  • Solid knowledge of internal controls, cash handling, and compliance.
  • Technical Skills

  • Proficiency in accounting systems such as SAP and / or Pastel.
  • Advanced MS Excel skills.
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    Finance Manager • Rustenburg, South Africa

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