Head of Finance - General Finance

Posted 22 Days Ago
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Cape Town, Western Cape
5-7 Years Experience
eCommerce • Retail
The Role
The Head of Finance will provide strategic leadership to the finance team, develop financial policies, ensure compliance, manage accounts payable and receivable, oversee revenue management, and lead financial reporting and analysis. The role includes team management and fostering continuous improvement in a fast-paced environment.
Summary Generated by Built In

<p></p>
<p>Takealot.com, a leading South African online retailer, is looking for a highly talented <strong>Head of Finance: General Finance</strong>&nbsp;to join our Finance Team in Cape Town.</p>
<p>We are a young, dynamic, hyper-growth company looking for smart, creative and hard-working people with integrity to join us.&nbsp; We offer a market related Total Remuneration Package, which allows full flexibility according to your needs, a great work environment and a promise that you won’t be bored, as long as you are prepared for a challenge and want to build something great.</p>
<p>&nbsp;<strong>The position reports to the takealot.com Chief Financial Officer</strong></p>
<p><strong>Your responsibilities will include:</strong></p>
<p><strong>Financial Leadership:</strong></p>
<ul>
<li>&nbsp;&nbsp;Provide strategic financial leadership and direction to the finance team.</li>
<li>&nbsp;&nbsp;Develop and implement financial policies, procedures, and controls to ensure compliance and efficiency.</li>
<li>&nbsp;&nbsp;Collaborate with senior management to develop and execute the company's financial strategy.</li>
</ul>
<p><strong>Accounts Payable:</strong></p>
<ul>
<li>&nbsp;&nbsp;Oversee the accounts payable function, ensuring timely and accurate processing of invoices and payments.</li>
<li>&nbsp;&nbsp;Implement and maintain effective vendor management practices.</li>
<li>&nbsp;&nbsp;Monitor and manage cash flow to optimize working capital</li>
</ul>
<p><strong>Accounts Receivable</strong>:</p>
<ul>
<li>&nbsp;&nbsp;Manage the accounts receivable function, ensuring timely and accurate invoicing and collections.</li>
<li>&nbsp;&nbsp;Develop and implement credit policies and procedures to minimize bad debt.</li>
<li>&nbsp;&nbsp;Monitor and report on accounts receivable aging and performance.</li>
</ul>
<p><strong>Revenue Management:</strong></p>
<ul>
<li>&nbsp;&nbsp;Oversee revenue recognition processes and ensure compliance with accounting standards.</li>
<li>&nbsp;&nbsp;Analyze revenue trends and provide insights to support business decision-making.</li>
<li>&nbsp;&nbsp;Collaborate with commercial and marketing teams to standardize reporting.&nbsp;</li>
</ul>
<p><strong>Stock Management:</strong></p>
<ul>
<li>&nbsp;&nbsp;Oversee inventory management and control processes.</li>
<li>&nbsp;&nbsp;Ensure accurate and timely recording of stock movements and valuations.</li>
<li>&nbsp;&nbsp;Monitor stock levels and optimize inventory turnover.</li>
</ul>
<p><strong>Marketplace Finance:</strong></p>
<ul>
<li>&nbsp;&nbsp;Manage financial operations related to the company's third-party marketplace.</li>
<li>&nbsp;&nbsp;Develop and implement financial policies and procedures for marketplace transactions.</li>
<li>&nbsp;&nbsp;Monitor and report on marketplace financial performance.</li>
</ul>
<p><strong>Financial Reporting and Analysis:</strong></p>
<ul>
<li>&nbsp;Prepare and present financial reports, including monthly, quarterly, and annual financial statements.</li>
<li>Take full ownership of annual- and interim financial audits (internal and external)&nbsp;</li>
<li>Work closely with FP&amp;A team to complete the annual budget cycle</li>
<li>Identify and execute automation opportunities.</li>
<li>Provide insights and recommendations to support business decision-making.</li>
<li>Ensure full statutory compliance relating to indirect company taxes&nbsp;</li>
<li>Responsible for the integrity of all financial records</li>
</ul>
<p><strong>Team Management:</strong></p>
<ul>
<li>Lead and mentor the finance team, fostering a culture of continuous improvement and professional development.</li>
<li>Set performance goals and conduct regular performance reviews.</li>
<li>Ensure the finance team is adequately resourced and trained.</li>
</ul>
<p><strong>Attributes required:</strong></p>
<ul>
<li>High business acumen</li>
<li>Excellent leadership and communication skills</li>
<li>Ability to work and keep up in a fast-paced, changing business environment</li>
<li>Strong general financial background with proven skills in financial accounting, budgeting and reporting, treasury, and cash flow management</li>
<li>Proven experience developing and managing new frameworks, processes and procedures across a growing business to ensure rigorous compliance with external and internal policies</li>
<li>Ability to prioritize and meet tight deadlines</li>
</ul>
<p><strong>Qualifications and Experience:</strong></p>
<ul>
<li>CA (SA) with 5+ years' experience in managing a&nbsp; finance team</li>
<li>Experience in e-commerce or retail industry is highly desirable</li>
<li>Strong knowledge of financial principles, practices, and regulations</li>
<li>Excellent analytical, problem-solving, and decision-making skills</li>
</ul>
<p><strong>The Environment</strong>:</p>
<ul>
<li>takealot.com employees are entrepreneurial and dynamic, smart, customer-centric, fun and have the shared ambition of takealot.com being the leading e-commerce company in Africa.</li>
<li>We have fun, work hard, take ownership, work in teams to create solutions, and are always open to direct feedback/new ideas on where we can improve.</li>
<li>We are short on ego and high on output.</li>
<li>We are doers and not only thinkers, its all in the execution after all.</li>
<li>We love what we do and what we are creating.</li>
<li>We are all accountable.</li>
</ul>
<p>We seek to Employ an <strong>Extra Ordinary Mind</strong> who:</p>
<ul>
<li>is respectful but forthright</li>
<li>is an expert at doing, who can not only design but also execute</li>
<li>is analytical, able to use data to make decisions</li>
<li>is competitive, self-directed and strive to be the BEST (GREAT requires a lot of work and does not only happen during business hours</li>
<li>is <strong>passionate about the potential of e-commerce</strong> and delivering a<strong> world-class customer experience</strong></li>
<li>is <strong>entrepreneurial, thrives under change</strong> and accepts it is a constant and always<strong> looks for solutions</strong> to do something better and faster</li>
<li>is business SMART. Able to think about problems from a business perspective using technical and product input;</li>
<li>is curious and challenge the status quo</li>
<li>is innovative and enjoys iteration</li>
<li>is collaborative</li>
<li>will be at the cutting edge of developing new concepts for takealot.com</li>
<li><strong>thinks like an owner</strong> of the business</li>
<li>is <strong>SMART, has INTEGRITY</strong> and is <strong>HARD WORKING</strong></li>
</ul>
<p>If you meet the above criteria and are an<strong> Extraordinary Mind</strong>, come and join us!</p>
<p><em>Takealot is an Equal Opportunity Employer. Applicants from the previously disadvantaged groups and people with disabilities will be given preference.</em></p>
<p>&nbsp;</p>
<p></p>

The Company
Cape Town
5,026 Employees
On-site Workplace
Year Founded: 2011

What We Do

Takealot.com is the leading eCommerce retailer in South Africa and one of the largest, most innovative eCommerce retailers on the African continent. Our mission is to be the most customer-centric online shopping destination in Africa, built around the simple concept that our customer comes first. Need help or have a question? Reach out to us via our Help Center for assistance https://www.takealot.com/help-centre Our focus is dedicated to improving the customer experience, from the moment they arrive on our website to the moment they receive their order. By aligning ourselves to this philosophy, we believe Takealot will be the #1 shopping destination across Africa.

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