SUMMARY:
-
POSITION INFO:
Overview:
A company is seeking a Financial Account Manager (retail environment) that will oversees financial planning, reporting, and control processes to ensure profitability, compliance, and efficient financial operations. This role focuses on managing budgets, analyzing financial performance, and providing strategic insights to support retail business growth and sustainability.
Key Duties and Responsibilities:
-
Manage and monitor financial accounts for retail stores and business units.
-
Prepare accurate monthly, quarterly, and annual financial reports and forecasts.
-
Oversee budgets, expenditure tracking, and variance analysis across departments.
-
Conduct financial analysis to identify trends, cost-saving opportunities, and performance improvements.
-
Support management in strategic decision-making through data-driven insights.
-
Ensure compliance with accounting standards, internal controls, and company policies.
-
Liaise with auditors, suppliers, and stakeholders regarding financial matters.
-
Supervise invoicing, reconciliations, and cash flow management.
-
Collaborate with operations and procurement teams to manage financial efficiency and profitability.
-
Monitor credit control, debtors, and supplier payments.
Skills and Competencies:
-
Strong analytical and numerical skills.
-
Excellent understanding of financial principles and retail operations.
-
Proficiency in accounting software (e.g., SAP, Pastel, QuickBooks) and Microsoft Excel.
-
Strong organizational, communication, and problem-solving abilities.
-
Attention to detail and commitment to accuracy.
-
Ability to work under pressure and meet reporting deadlines.
Qualifications and Experience:
-
Bachelor’s degree in Accounting, Finance, or related field.
-
Minimum 3–5 years’ experience in financial management or accounting, preferably in the retail sector.
-
Professional certification (e.g., CIMA, SAIPA, SAICA) is advantageous.
-
Proven experience in budgeting, forecasting, and financial reporting.
