Mr Price Money is seeking a commercially astute and forward-thinking Finance Manager to lead the finance function for its Telco business. The role is responsible for financial performance, internal controls, reporting and commercial business partnering across the business. The successful candidate will combine strategic leadership with a hands-on approach. This role requires strong telecommunications experience, including exposure to MVNO and MNO business models.
ResponsibilitiesStrategic Finance & Business Partnering
Partner with the Telco leadership team to drive business performance and strategic decision-making.
Provide financial insight on key commercial initiatives and growth opportunities.
Forecasting, Budgeting & Financial Modelling
Lead annual budgeting and forecasting processes.
Maintain rolling forecasts and scenario modelling.
Develop robust financial models covering subscriber growth, revenue, margin and profitability.
Challenge assumptions and improve forecast accuracy.
Support the development of long-term strategic plans.
New store feasibility assessments
Financial Reporting
Prepare monthly management accounts and board reporting packs.
Deliver timely reporting to Group Finance and key stakeholders.
Perform variance analysis and performance commentary.
Monitor KPIs including MVNO subscriber metrics and key retail metrics.
Lead month-end, quarter-end and year-end close processes.
Efficient management of overheads and cost control.
Monthly cash flow statements and cash flow control.
Financial Controls and Governance
Manage balance sheet integrity and monthly reconciliation processes.
Review and approve all balance sheet reconciliations.
Investigate and resolve reconciling items and control weaknesses.
Ensure accurate accounting treatment and IFRS compliance.
Design and implement financial controls and governance frameworks.
Develop and maintain finance policies and Standard Operating Procedures (SOPs).
Manage internal and external audit processes.
Identify and mitigate financial and operational risks.
Telecommunications
Provide financial oversight of commercial arrangements.
Develop a deep understanding and analysis of telecom revenue streams.
Monitor industry, regulatory and technology developments impacting financial performance.
Digital Transformation & Continuous Improvement
Drive automation and digitisation of finance processes.
Leverage technology and analytics to improve reporting quality and efficiency.
Build a future-ready finance function that scales with business growth.
Leadership & People Management
Lead, coach and develop finance team members.
Create a high-performance culture focused on accountability and continuous improvement.
Build strong relationships across Finance, Commercial and Group functions.
CA(SA) qualification and active SAICA membership.
7+ years relevant post-articles finance experience.
Leadership experience in a Finance Manager or similar role.
Telecommunications industry experience is essential.
Strong experience in financial modelling, budgeting, forecasting and reporting.
Sound knowledge of IFRS and financial controls.
Advanced Excel and finance systems proficiency.
Key Competencies
Commercial acumen
Strategic thinking
Hands-on execution
Strong analytical capability
Stakeholder management
Solution orientated mindset
High attention to detail
Skills Required
- CA(SA) qualification and active SAICA membership
- 7+ years relevant post-articles finance experience
- Leadership experience in a Finance Manager or similar role
- Telecommunications industry experience including MVNO and MNO business models
- Strong experience in financial modelling, budgeting, forecasting and reporting
- Sound knowledge of IFRS and financial controls
- Advanced Excel and finance systems proficiency
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
