Financial Manager Power Fashion

Reposted 4 Days Ago
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Durban, eThekwini Metropolitan Municipality, KwaZulu-Natal, ZAF
In-Office
Senior level
Fashion • Retail
The Role
The Financial Manager is responsible for budget planning, overseeing month-end closing activities, managing audits, leading a finance team, and compiling financial reports to support strategic decision-making.
Summary Generated by Built In

The purpose of the role is to distribute the financial resources of a company, is responsible for the budget planning, and supports the senior management team by offering insights and financial advice that will allow them to make the best business decisions for the company.

Responsibilities
  1. Monthly Closing process                       

  • Oversee and finalise month end closing activities to ensure accurate processing and financial records comply with company policies and accounting principles. End to End, including journal processing where necessary.             

 

  1. Strategy                      

  • Coordination and preparation of annual budgets, financial forecasts and assist in the formulation of strategic and long-term business plans in order to meet business objectives.                                              

  1. Statutory Audit                        

  • Manage and oversee internal and external audit requests in order to comply with company policies and accounting principles.

              

  1. Team Leadership                      

  • Manage and drive the team by setting clear expectations, to exhibit the culture and values of the business and achieve / exceed KPIs. 

  • Identify and drive training needs, coaching and development and create a team culture that is responsive and professional meeting deadlines and providing a business focused service to internal/external customers.

  • Lead by example to positively influence key stakeholders and business partners.

     

                                                

  1. Reporting    

     

                   

  • Compile and submit reports monthly, at half year and year-end. 

Assist with preparation of annual budgets and strategy packs."                

Qualifications

Education

  • B Compt Hons, CIMA, CA(SA)

Experience

  • 5 years experience post articles

 

Knowledge & Business Understanding

  • Financial accounting systems

  • Microsoft Office Suite

  • Commercial acumen

  • Retail experience advantageous

 

Mr Price Group Limited is an equal opportunity employer and is committed to Employment Equity.

Skills Required

  • B Compt Hons, CIMA, CA(SA)
  • 5 years experience post articles
  • Knowledge of financial accounting systems
  • Commercial acumen
  • Retail experience advantageous
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The Company
HQ: KwaZulu Natal
15,033 Employees
Year Founded: 1985

What We Do

Mr Price Group Limited is an omni-channel, fashion value retailer. The Group retails Apparel, Homeware and Sportsware and is one of the fastest growing retailers in South Africa. Our History: 1885 - The first John Orrs store opens 1934 - The first Hub store opens 1952 - John Orrs is listed on the JSE 1967 - Acquisition of two Miladys stores 1986 - Laurie Chiappini and Stewart Cohen, together with BOE, acquire a major shareholding in John Orr Holdings 1987 - The first Mr Price store opens 1991 - Laurie Chiappini and Stewart Cohen acquire control of the Group from BOE 1993 - Launch of the Mr Price Group Share Partnership Initiative 1996 - Acquisition of Galaxy & Co. and Sheet Street 1997 - Alastair McArthur is appointed as CEO 1998 - Mr Price Home launched 2000 - Mr Price opens stores in Botswana and Namibia 2001 - Specialty Stores becomes MR Price Group 2005 - Over 100 million units are sold across the group 2006 - Sale of the Hub and Galaxy divisions 2007 - Launch of Mr Price Sport stores and Mr Price Franchising 2008 - Miladys wins the Orange Index award for excellence in customer service 2008 - Mr Price Apparel is voted the most loved and most frequented retail apparel brand for the first time 2008 - This year Mr Price Home is voted the most loved and most frequented homeware retailer 2011 - Retail sales exceed R10 billion and profit attributable to shareholders exceeds R1 billion for the first time 2011 - The group celebrates the 25th anniversary of change in control, recording a CAGR share of 25.3% and headline earnings per share of 23.5% over this period 2012 - First Corporate owned Mr Price store opens in Lagos, Nigeria 2013 - Mr Price launches its online store

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