Job Description
About the Role
The Financial Manager (QSR) role is a critical position that leads and controls the full finance function for a multi-store QSR franchise group, ensuring strong daily financial controls, accurate reporting, statutory compliance, and commercially focused insights.
Key Responsibilities
- Financial Leadership & Team Management: Lead, manage and develop the finance team
- Allocate and review daily, weekly and month-end outputs
- Implement finance SOPs, approval matrices and controls
- Ensure audit-ready processes and documentation
- Store Audits, Compliance & Travel: Travel regularly to all outlets to perform on-site financial audits
- Conduct cash-up, safe count, float and banking compliance checks
- Review store adherence to financial SOPs and franchisor requirements
- Verify stock management practices and investigate variances
- Produce store audit reports with action plans
- Daily Sales, Cash & Revenue Control: Oversee POS sales reconciliations vs bank deposits and delivery platforms
- Monitor voids, refunds, discounts and exception reports
- Investigate discrepancies and escalate non-compliance
- Maintain fraud prevention and loss-control measures
- Cost of Sales, Stock & Supplier Control: Analyse theoretical vs actual food and packaging costs
- Review stock counts, waste and shrinkage trends
- Oversee supplier invoice matching and creditor reconciliations
- Partner with Operations to reduce cost leakage
- Management Reporting & Performance Analysis: Prepare monthly management accounts per store and consolidated
- Deliver KPI dashboards and variance analysis
- Benchmark store performance and identify risks/opportunities
- Budgeting, Forecasting & Cashflow: Lead annual budgets and rolling forecasts
- Manage cashflow forecasting and working capital
- Support capex planning and ROI tracking
- Statutory, Tax & Governance: Review and submit VAT returns and reconciliations
- Oversee payroll statutory compliance (PAYE/UIF/SDL)
- Coordinate annual financial statements and audits
- Manage relationships with accountants, auditors and banks
- Operational Partnership: Work closely with Operations and Store Managers
- Provide financial training to store management
- Support new store openings and system rollouts
Requirements
- Qualifications: BCom Accounting / Finance or equivalent
- CIMA / SAICA / SAIPA very advantageous
- Experience & requirements: 5–8 years in QSR, retail, franchise or multi-site finance roles
- Proven finance team leadership experience
- Hands-on store audit and control experience
Qualifications
None mentioned.
Salary & Benefits
Not specified.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in eThekwini
The accounting and finance industry is a vital component of eThekwini’s economy, providing essential services to businesses, governments, and individuals. Generally, job seekers in this field can expect a stable and secure career with opportunities for growth and development. Typically, roles in accounting and finance are found across various industries, including financial services sector, technology industry, manufacturing sector, and public sector.
Salaries for accounting and finance professionals in eThekwini vary widely depending on factors such as experience, company size, and industry sector. Common salary ranges for entry-level positions typically start between R200 000 to R300 000 per annum, while senior roles can range from R500 000 to R800 000 or more. However, these figures are general estimates and actual salaries may vary significantly. It is essential to research the specific job market and industry trends to determine realistic salary expectations.
Common skills required for accounting and finance roles in eThekwini include proficiency in financial software, such as SAP or Oracle; strong analytical and problem-solving skills; excellent communication and interpersonal skills; experience with budgeting, forecasting, and financial analysis tools; a solid understanding of tax laws and regulations; and a degree in accounting or finance. Additionally, many employers require candidates to hold relevant professional certifications, such as the Chartered Accountant (SA) designation.
Accounting and finance professionals can be found across various industries, including financial services sector, technology industry, manufacturing sector, and public sector. The financial services sector is often a major employer of accounting and finance professionals in eThekwini, while the technology industry also provides many opportunities for growth and development. Other industries, such as manufacturing and construction, also require skilled accounting and finance professionals to manage their finances effectively.
Career development opportunities are abundant in the accounting and finance field, with many employers offering training and development programs to help employees advance in their careers. Typically, experienced accountants can move into senior roles or take on leadership positions within their companies. With experience and additional certifications, accountants can transition into management roles, such as financial controller or accountant manager, or pursue career paths in finance consulting or public practice.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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