Superbalist.com is a fast growing online fashion business based in South Africa. Were obsessive about our high performance yet collaborative culture, and are looking for leaders to join our team. We think big, move fast, take ownership and are used to winning. Were lucky to be surrounded by colleagues who are experts in their field, working together to create a world class brand.
Were looking for people who:
- are decisive
- are continuously learning & improving
- think big
- are proactive
- obsess about the customer and the customer experience
- are accountable
- collaborate
- are trustworthy, approachable and open minded
- simplify processes and solve complexity
Description:
The Financial manager will be mainly responsible for managing and leading the finance team, including Accountants, Junior Accountant and Accounts Payable Manager. Furthermore, several departments within the organisation are dependent on the Financial manager to integrate financial information and improve implementation of projects, initiatives and controls. The Financial manager will also assist the CFO with strategic decision making within the finance team as well as within the broader business. The Financial manager will also be responsible for running and leading certain project initiatives within the finance team that impact the broader business.
The candidate needs to be suitably qualified and have excellent business acumen. Experience in managing teams is essential. The candidate also has to be able to work efficiently on his/her own and maintain the highest level of integrity at all times.
Reports to:
CFO
The Role:
- Provide leadership, direction and management to the finance team
- Monitoring the day-to-day financial operations within the company, such as expenditure, payments, collections, payroll and other transactions
- Review and approval of monthly and weekly payment batches
- Take full responsibility for the delivery of the companys internal and external reporting requirements
- Analyse business, retail and financial metrics and provide insights to CFO and Head of Departments for decision making
- Assistance, preparation and presentation of monthly departmental Income Statements to Head of Departments
- Manage the companys annual budgeting process, the budget presentation and review packs
- Preparation and assistance with departmental budgets
- Tracking of expenditure against budget and drive cost optimisation across the business
- Create, monitor and enforce appropriate financial frameworks, policies and procedures to ensure finance and business best practices are adhered to across the company and cross-functional teams
- Ensure that the companys financial systems and controls are robust, compliant and support current activities and future growth plans
- Implementing and maintaining internal control systems within the central finance department
- Responsible for the integrity of all financial records and financial system integrations
- Performing and review of General Ledger account reconciliations
- Perform and review monthly inventory reconciliations and follow up on inventory discrepancies with Retail and Supply Chain departments
- Understand and manage the return of stock processes (both returns from customers and returns to suppliers)
- Implement, manage and maintain imported stock costings and hedging processes.
- Liaise with the operations, inbound and DC managers on intake and stock accuracy
- Facilitate and attendance of annual stock takes as well as cyclical counts
- Management of monthly working capital and cashflow requirements
- Take full ownership of annual- and interim financial audit (internal and external)
- Ensure full statutory compliance relating to all direct and indirect company taxes,
- Work closely with the Group finance teams in alignment of Group processes and procedures
- Manage and grow a high-performance finance team, develop and retain top professionals through training and mentorship
- Build and expand relationships with external stakeholders, including bankers and payment providers
- Ad hoc tasks as required by the CFO, CEO, group finance team and other relevant stakeholders
Qualifications
- Registered CA (SA) (non negotiable)
- 3+ years' experience in managing a finance team
- Detailed knowledge of Accounting, IFRS, VAT and Income Taxes
- Experience in automation of finance processes and the scaling thereof
- Retail/FMCG/ecommerce experience advantage
- Advanced Excel skills
- Experience in SQL, Looker, Qlik and Sage Pastel advantageous
Attributes
- High business acumen
- Strong leadership & management skills
- Excellent communication skills
- Critical thinking and strong problem-solving skills
- Meticulous attention to detail and accuracy
- Exhibit the ability to self-motivate
- Proven experience working within a high volume transactional environment
- Ability to work and keep up in a fast-paced, changing business environment
- Strong general financial background with proven skills in financial accounting, budgeting and reporting, treasury and cash flow management and taxation
- Proven experience developing and managing new frameworks, processes and procedures across a growing business to ensure rigorous compliance with external and internal policies
- Ability to prioritize and meet tight deadlines
