Head Of Finance

Overview

Job Title : Head of Finance

Department : Finance

Reports to : Chief Financial Officer (CFO)

Location : Cape Town, South Africa

Employment Type : Full-time

Company : Cash Crusaders is South Africa's largest second-hand retailer, founded in 1996 and headquartered in Cape Town. With over 280 retail stores nationwide, we specialize in buying, selling, and pawning a wide range of new and pre-owned goods, including electronics, appliances, jewellery, musical instruments, and more. We also provide short-term cash loans and pawning services, empowering entrepreneurs and communities through accessible retail and financial solutions. The business is split into 3 divisions : Franchising (approximately 120 stores), CCW (New Goods imports and supply chain solutions), and Corporate stores (approximately 160 stores).

Location : Cape Town, South Africa

Key Responsibilities

• Lead and mentor a finance team in excess of 30 members across all 3 divisions, promoting a culture of excellence, ethical practices, and adaptability in a franchised retail setting. Include succession planning, skills development, and fostering accuracy within the finance team.
• Oversee Operational Finance Management : lead accounting, treasury, tax, and audit processes, ensuring accurate reporting, cash flow optimization, and compliance with IFRS, SARS requirements, and the Companies Act.
• Manage Payroll : design, implement, and monitor all payroll-related functions for corporate stores and head offices, ensuring accurate and timely payments across multiple locations. Ensure compliance with PAYE, UIF, SDL, pension / provident fund contributions, BCEA provisions, and internal policies; oversee audits, internal controls, and integration with HR and ERP platforms; maintain data confidentiality and manage vendor relationships; provide strategic recommendations to optimize payroll efficiency and contribute to financial planning and labor-cost insights.
• Financial Planning and Analysis (FP&A) : develop and oversee annual budgets, forecasts, and multi-year financial strategies, accounting for seasonal retail trends, franchise royalties, pawn loan interest, and inventory cycles specific to second-hand goods.
• Risk Management and Compliance : establish internal controls and manage risks related to retail and lending, ensuring compliance with NCA, NCR guidelines, Second-Hand Goods Act, FICA, and anti-money laundering regulations.
• Strategic Support : deliver financial modeling for franchise expansions, store acquisitions, or digital lending initiatives; advise the CFO on South African economic factors such as inflation, exchange rates, and consumer spending trends.
• Cost Control and Optimization : analyze and reduce costs across corporate stores, franchise operations, and the supply chain.
• Stakeholder Engagement : partner with franchisees, executives, auditors, banks, and regulators (e.g., FSCA) to present financial metrics and insights; communicate financial implications clearly to stakeholders.
• Technology Integration : implement and enhance financial systems (e.g., ERP like Sage or Pastel); promote automation and analytics to improve accuracy and decision-making speed.

Required Qualifications and Experience

Skills and Competencies

What We Offer

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