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South Africa: Financial Manager posted by Midvaal Recruitment

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Job Description

About the Role

We are seeking a highly skilled Financial Manager to join our client’s team in Meyerton, South Africa. As a key member of the finance department, you will be responsible for developing and implementing financial policies and procedures to ensure regulatory compliance and best practices.

Key Responsibilities

  • Develop and implement financial policies and procedures to ensure regulatory compliance and best practices.
  • Financial reporting to Stakeholders
  • Cashflow, Forecasting, Implementation of budgets
  • Statutory reports
  • CAPEX analyst and forecasting
  • Record-Keeping & Data Management: Maintain accurate and up-to-date financial records (invoices, receipts, and expense reports).
  • Reconcile bank statements, credit card accounts, and other financial accounts regularly.
  • Investigate and resolve discrepancies promptly.
  • Accounts Payable & Receivable: Manage accounts payable, ensuring timely and accurate payments to vendors.
  • Monitor accounts receivable and follow up thereon to ensure prompt collection of outstanding invoices.
  • Provide financial insights and summaries to support decision-making.
  • Prepare audit packs and engage with Auditors/Accountants during financial reviews.
  • Stock control and implementing policies.

Requirements

  • BCom/BCompt degree with experience
  • Professional certificates such as SAICA, SAIPA or CIMA is advantageous.

Qualifications

No formal education/certifications mentioned in the original job description.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Retail Wholesale Jobs in South Africa

In South Africa’s retail wholesale industry, the job market is generally characterised by a demand for skilled professionals who can manage inventory, supply chains and customer relationships. Typically, retailers and wholesalers are looking to fill positions in logistics, procurement, sales, and management roles, which often require a combination of technical and interpersonal skills.

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Typically, salaries for retail wholesale positions in South Africa vary widely depending on factors such as experience, company size, and industry sector. Generally, entry-level positions may offer salary ranges of around R20 000 – R50 000 per annum, while more senior roles can command salaries between R60 000 – R150 000 per annum or more, depending on the specific requirements and qualifications of the individual. It’s worth noting that these are broad estimates, and actual salaries may vary significantly.

Common skills for retail wholesale positions in South Africa include strong analytical and problem-solving skills, excellent communication and interpersonal abilities, experience with inventory management software, knowledge of logistics and supply chain management, and proficiency in Microsoft Office applications. Additionally, many retailers and wholesalers also require staff to have experience working in a fast-paced environment, be adaptable to change, and possess strong attention to detail.

In terms of industry sectors, retail wholesale positions are commonly found in the technology industry, financial services sector, manufacturing sector, and e-commerce platforms. Other industries, such as food and beverages, pharmaceuticals, and textiles, also employ retail wholesale staff.

For those interested in pursuing a career in retail wholesale, there are many opportunities for growth and development. Typically, entry-level positions can lead to roles in management or supervisory positions within two to three years of service. With experience and additional training, individuals can move into specialist roles such as procurement managers, logistics coordinators, or store managers. Many retailers and wholesalers also offer ongoing training and development programs to help staff develop new skills and advance their careers.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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