Rustenburg: Store Finance Manager posted by Staff Solutions

About the Role

The Store Finance Manager will be responsible for managing daily, weekly, and monthly financial reporting requirements to Head Office, ensuring all financial deadlines are met in accordance with Head Office requirements. This role involves leading a team of administration, front-end control, and cash office staff, as well as providing operational support across the business.

Key Responsibilities

• Manage daily, weekly, and monthly financial reporting requirements to Head Office.
• Review payroll reports weekly before submission to Head Office.
• Ensure all financial deadlines are met in accordance with Head Office requirements.
• Prepare and present monthly store performance reports to the Executive Committee.
• Conduct daily transaction reviews and reconciliations between Arch and Pastel systems.
• Manage supplier accounts, reconciliations, and payment processes.
• Maintain strong supplier relationships and coordinate direct payments in consultation with Head Office.
• Audit and reconcile supplier statements against the Pastel Evolution accounting system.
• Monitor critical supplier balances and forecast store requirements to prevent supply interruptions.
• Support working capital optimization initiatives.

• Monitor debtor accounts and collections on a weekly basis.
• Ensure all debtor accounts are supported by accurate and complete documentation.
• Track arrears and implement appropriate collection measures.
• Review debtor age analyses regularly and ensure compliance with agreed payment terms.
• Assess and approve new customer credit applications within delegated authority limits.

• Ensure full compliance with company policies, procedures, and financial controls.
• Liaise with internal and external auditors alongside Group and Regional Finance Management.
• Safeguard company assets, including stock, cash, and fixed assets.
• Oversee GRV processes, ensuring accuracy, completeness, and compliance.
• Conduct daily reviews of outstanding GRVs and investigate discrepancies.

• Lead, develop, and support administration, front-end control, and cash office teams.
• Clearly communicate performance expectations and operational standards.
• Motivate staff through effective leadership and leading by example.
• Manage leave planning, scheduling, staffing levels, and overtime within approved guidelines.
• Ensure compliance with labour legislation and company HR policies.

• Ensure strict adherence to all cash-handling and cash-security procedures.
• Manage cash flow requirements, including payments for stock and operational expenses.
• Review and approve daily cash-up reports and reconciliations.
• Verify that cash deposits and card transactions reconcile accurately each day.
• Control operational expenses through appropriate authorization processes.

• Ensure compliance with all company systems, controls, and operational procedures.
• Review and authorize refunds, overrings, and related day-end transactions.

Requirements

• Strong knowledge of accounting principles, financial reporting, budgeting, and financial controls.
• Excellent analytical, organizational, and leadership abilities.
• Strong attention to detail with the ability to meet strict deadlines.
• Proficiency in accounting software such as SAP and/or Pastel.
• Advanced Microsoft Excel skills.

Qualifications

A Bachelor’s Degree in Accounting, Finance, or a related field.