A large entity within the Retail space is on the lookout for a CA (SA), fully CIMA qualified individiual to join their team in this specialist role.A large entity within the Retail space is on the lookout for a CA (SA), fully CIMA qualified individiual to join their team in this specialist role.
Summary:
To report on and analyze the group's financial performance and to assist in driving performance so that financial targets and objectives are met. To provide management with key financial information, data, analyses and insights to support and enable decision-making in line with strategy to drive growth and profitability. This includes reporting, budgeting and forecasting and analysis of financial data and trends.
FUNCTIONS / RESPONSIBILITIES:
Business Performance Management

distribute information and reporting requirements to the divisions
manage, collect and collate all financial submissions from the divisions ensuring consistency of reporting
prepare and present group's monthly results and trading performance relative to plan and last year
prepare insightful performance updates and commentaries for management
monitor actual performance against budgets and forecasts
implement and manage the forecast process including a robust risk and opportunities process
analyze group's financial performance and forecasts, and provide management appropriate insight and guidance to possible performance outcomes that provide scenarios to achieve desired business outcomes
manage performance such that desired outcomes are achieved or actions for leverage or course correction are undertaken
seek business improvement initiatives and drive cost savings initiatives to enhance margin performance across the divisions and for head office

Business Planning and Budgeting

Manage and co-ordinate the group three year plan and budget process
Develop and communicate budget instructions and assumptions to ensure an efficient and consistent budget process across the group
Prepare group budget ensuring budget is appropriately set with equal stretch for all divisions
Ensure the budget is prepared and submitted in line with Headquarter requirements and deliverables
Provide variance analysis and insights relating to the divisions and group's budget

Financial Analysis - Business Partnering & Decision Support

analyze historical data and conduct trend analyses by division and for the group to generate business insights for recommendations to drive cost savings and profitability
routinely communicate divisional and group financial and operational performance trends (historical and forecasted) using appropriate metrics
advise on financial implications and consequences of business decisions in order to improve business performance
provide meaningful information to divisions the management teams to enable sound financial decision making

Adhoc/Other

Act as the Finance liaison for any issues, problems or queries encountered by the division
Assist with and respond to ad-hoc requests from Headquarters for information through liaising with divisional finance teams
Prepare presentations in support of Exco and board meetings
Compile any ad-hoc analysis and reports required buy management
enhance, automate, simplify and streamline reporting
implementation and use of Essbase for all reporting and data analytics requirements
systems, & map processes to ensure that they align to Statutory reports
understand and implement corporate governance procedures, risk management and internal controls

Qualifications: CA (Chartered Accountant), CIMA or BCom Accounting degree and completed articles
Experience: +8 years post article experience and/or Management Accounting experience
PC literate - Microsoft Excel and Word, Powerpoint, Essbase and HFM beneficial