South Africa's leading health and wellness retailer. We believe in pure, natural goodness - plain and simple. We aim to partner with you on your unique wellness journey while honouring people and the planet in all that we do.
ROLE REQUIREMENTS:
Areas of responsibility:
- In respect of financial process and controls:
- Develop and document business processes and accounting policies to maintain and strengthen internal controls
- Ensure that the company’s financial systems are robust, compliant and support current activities as well as future growth ambitions
- Constantly investigate process improvement
- Oversight of all transactional activities (accounts payable and accounts receivable)
- Maintain financial records and GL accounts
- Monthly journal entry processing
- Drive month-end and year-end close procedures
- Deliver a clean and accurate trail balance at month end for review by senior staff
- Oversight of feasibilities for new stores and store closures
- Developing reports and analytical insights to inform the business and to drive business improvement opportunities
- Identification of opportunities for working capital improvements
- Preparation of accurate monthly management accounts within committed reporting timetable
- Reporting on variances on actuals vs budget income and expenditure
- Assist in the preparation of board packs
- Drive the annual budgeting process, ensuring on-time and accurate delivery in accordance with set timelines
- Responsibility for the management of property leases for the business
- Monitoring and maintenance of fixed asset register
- Review large overdue accounts and work on /propose plans to drive collections
- Drive visibility of inventory, accounts payable and cash collections performance
- Prepare cash flow forecasts and cash flow maintenance, ensuring that the company has sufficient cash available to meet its commitments
- Loading of payment on to bank
- Engage in ongoing cost reduction analysis in all areas of the company
- Provide monthly analysis of variable and fixed expenses and provide recommendations to management to improve profitability
- Accurate and on-time statutory return submissions
- Ensure that regulatory requirements of all statutory bodies are met in respect of the year-end audit:
- Liaise with external auditors
- Coordinate the audit process
- Oversee the preparation of audit files and provide assistance where required
- Ensure delivery of unqualified annual financial statements within committed timelines
- Management of the day-to-day finance function and finance team
- Ensuring that the finance team is made up of the right calibre of people to deliver on the finance function’s strategic priorities
- Review of all underlying team work including debtors cycle/creditors cycle/bank etc.
- Keeping abreast of latest SARS/IFRS developments
- Review and sign off of monthly payroll
- Assist the senior financial management with ad hoc tasks/projects as and when required
- Maintain relationships with the company’s bankers and financiers
- Legal related issues, trademark registrations and renewals and company secretarial matters
- Tax compliance 9vat and income tax returns) as well as identifying tax planning opportunities
- Responsible for the IR function within the business
JOB SPECIFICATIONS:
- 5 years previous financial management experience
- Fully qualified CA(SA) or equivalent – min requirement is B.Com + completed articles
- Previous experience in managing a finance team
- Strong working knowledge of MS Office Suite, specifically MS Excel
- Medium or large scale recognised ERP experience (Sage, SAP, netsuite)
- Payroll administration
- SARS reporting
- Management reporting
ATTRIBUTES:
- Strong technical ability, accounting knowledge through to AFS
- Strong leadership skills
- Strong communication and presentation skills – both written and verbal
- Deep understanding of business principles and practices
- Integrity and honesty
- Ability to take ownership and work responsibility
- Mature, trustworthy and ethical
- Ability to work well in a team environment
- Good time management skills
- An enquiring and curious mindset with an attitude of continual improvement and a desire to add value
- The ability to understand and evaluate detail but equally being able to actively participate in strategic discussions
- Energetic, hands-on, high-quality standards and a result oriented individual
Job Type: Full-time
Pay: Up to R50 000,00 per month