Job Description
About the Role
The Store Finance Manager is a critical role that oversees all financial aspects of the store, ensuring compliance with company policies and procedures. The successful candidate will be responsible for managing daily, weekly, and monthly financial reporting requirements, as well as leading and supporting administration, front-end control, and cash office teams.
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.
- Debtor Management: Monitor debtor accounts and collections on a weekly basis, 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.
- Risk Management and Compliance: Ensure full compliance with company policies, procedures, and financial controls, liaise with internal and external auditors alongside Group and Regional Finance Management.
Requirements
- A Bachelor’s Degree in Accounting, Finance, or a related field.
- 35 years’ experience in a financial management role, preferably within a retail environment.
- Strong knowledge of accounting principles, financial reporting, budgeting, and financial controls.
Qualifications
- Formal education/certifications (Bachelor’s degree in Accounting, Finance, or a related field).
Salary & Benefits
- Salary details not specified in the original job description.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in Bojanala Platinum
When it comes to Accounting and Finance positions in Bojanala Platinum, South Africa, the job market is generally driven by the demands of the local economy. Typically, this sector requires professionals with expertise in financial management, budgeting, and auditing to oversee the financial health of various businesses.
Generally speaking, Accounting and Finance roles in Bojanala Platinum can command salaries that range from R600 000 to R1 200 000 per annum, depending on factors such as experience, company size, and industry sector. For instance, entry-level positions may fall within the lower end of this spectrum, while senior roles or those held by professionals with extensive experience may reach towards the higher end. However, it’s essential to note that salaries can vary significantly based on individual circumstances.
Common skills required for Accounting and Finance roles in Bojanala Platinum include proficiency in financial software such as SAP or Oracle, experience with accounting standards like IFRS or GAAP, strong analytical and problem-solving skills, and excellent communication abilities. Other important qualifications often include a degree in accounting or finance, relevant work experience, and professional certifications like the Certified Public Accountant (CPA) designation.
The industry sectors that commonly employ Accounting and Finance professionals in Bojanala Platinum include financial services, technology, and manufacturing. These industries require professionals who can effectively manage financial data, identify trends, and make informed business decisions. Other sectors, such as mining and resources, may also require accounting expertise due to their complex financial operations.
In terms of career progression, Accounting and Finance professionals in Bojanala Platinum often have opportunities to advance into senior roles, such as Financial Controller or Director of Finance. With experience and further education, they may also transition into specialized fields like forensic accounting, financial planning, or investment analysis. Throughout their careers, these professionals can develop a range of skills, including leadership, strategic thinking, and risk management.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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