Assistant Financial Manager Power Fashion

In brief

Overview This role is for an Assistant Financial Manager at Power Fashion, part of the Mr Price Group. The primary purpose of this position is to assist with the day-to-day functioning and management of the finance team to ensure timely and accurate monthly, half-year, and year-end financial results, while maintaining strong financial controls and compliance with relevant policies and regulations. What you will do * Assist in compilation and submission of reports weekly, monthly, at half year and year-end and annually (e.g. Group financial reporting pack - GMB, PF management report, board pack, half year & year-end financial packs, annual budget packs, 5 year financial model, RLC, general ledger, trial balance etc.). * Review and reconcile general ledger accounts and ensure accounting records are accurate and complete. * Assist with month-end and year-end close processes. * Prepare and review balance sheet reconciliations. * Ensure that the finance team complies with all internal / external audit requirements, including preparing working papers at half year & year-end and attending necessary meetings. * Maintain and strengthen internal financial controls and procedures. * Liaise with internal and external audit and provide requested information. * Approve and release payments to ensure all invoices are paid timeously, including suppliers, monthly salaries, monthly & annual incentives, and ad hoc payments. * Use business insights and provide sales & cost centre analysis against budget & forecast to provide feedback and/or recommendations. * Manage effective control of all costs, cashflow management and other finance efficiencies (e.g. monthly forecasting, credit card expenditure, annual insurance renewals & vehicle fleet costs) to maintain the businesses general administration. * Submit VAT & Tax returns for foreign entities. * Update the monthly financial model by country including income statement, balance sheet & cashflow, and sign off of monthly balance sheet and general ledger. * Process month end journals. * Assist the Financial Manager in managing and developing the finance team. * Review work performed by finance team members and provide guidance where required. * Identify opportunities to improve financial processes and efficiencies. * Assist with financial projects, system improvements and ad hoc analysis. Requirements (from the original advert) * CIMA or CA (SA) qualification. * 2+ years of post-articles/ financial accounting experience. * Retail experience is essential. * Experience with Accounting, Financial planning and budgeting, Process knowledge, People management, Advanced MS Office, and Analytical ability. Who should apply The ideal candidate should demonstrate strong attention to detail and accuracy, possess analytical and problem-solving skills, and exhibit good organisational and time-management abilities. They should be capable of working both independently and within a team, performing effectively under pressure, and meeting deadlines. Strong communication and interpersonal skills are required, along with a high level of integrity and confidentiality. A proactive approach to identifying issues and solutions is also expected. Deadline Not specified Reference Original posting: https://www.myjobmag.co.za/job/assistant-financial-manager-power-fashion-mr-price-group Source: myjobmag

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At a glance

• At least 3 years of experience.

• Microsoft Office

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