Store Finance Manager

Details of the offer

Job DescriptionTo manage the overall financial function of a store.Key Performance IndicatorsControl, manage and evaluate the full finance support function, including policies and procedures, for the storeUnderstand all systems that relate and affect the stores, identifying potential opportunities to enhance current systems and procedures and raising these with the Regional Finance Manager (Operations)Drive the change management and education of finance policies, procedures, processes, and templatesEnsure controls are adequate and suggest additional controls where necessary, ensuring compliance with legislation and industry standards, and the effective implementation and understanding of key controls of a process throughout the storeManage and mitigate complexity in the business in order to tradeMonitor and track adherence to the various finance policies, procedures, processes, and templatesEnsure full reconciliation of all income statement and balance sheet accounts, ensuring the accounting records are accurate and complete.Produce detailed reporting on all financial aspects of the businesses to enable tracking of progressGuiding and support all aspects of store in financial decision makingInvestigate ways to improve profitabilityManage Front End within budget and company requirements.Facilitate good corporate governanceConsolidate and interpret allocated Store budgets, forecasts, and actual performanceEnd to end support of the budget processMeet all timelines and have realistic and achievable budgetsAnalyse overall store actual performance compared to budget and/or forecastCompile financial forecasts and continuously revise and track the forecastsCompile monthly reports of actuals vs Budget and/or forecastTeam ManagementEnsure that all staff members in area of responsibility are duly trained and enabled to perform according to the required standards for customer serviceEnsure that team members are customer-focused and provide guidance, support, or advice in situations where requiredCommunication of team goals to employees.Through effective inspirational leadership, facilitate the creation of accountable, full-service teams who understand and strive to meet the needs of all stakeholdersRole model behaviour and motivate team members in line with the Makro WayTake full responsibility for performance of all direct reports, motivating and managing them in relation to quality standards and agreed benchmarks and objectives, focusing on all aspects of sound people management:RecruitmentDevelopmentRemuneration and RewardPerformance FacilitationOn-the-job training, coaching & mentoringFront End, Stock Management (stock control and Receiving)Manage costs and customer serviceMonitor and review inventory management in store.Stakeholder EngagementMaintain continuity between Head Office, DC and Stores work teams by documenting and communicating actions, irregularities, and continuing needs.Actively build relationships and network line management (including internal and external stakeholders) to gain a thorough understanding of operational impacts on the business through communicating appropriately and proactively providing solutions to address business needs relating to finance.Work to align store objectives with business objectives and strategy.Identify existing or potential problem areas and advise management team on how they can use Finance processes to make improvementsMinimum Academic, Professional Qualifications & Experience required for this positionBcom Degree3-5 years relevant operational financial management experience in the retail/FMCG industriesEvaluating problemsBuilding RelationshipsCommunicating InformationStructuring TasksLeadershipCritical Judgement and Decision makingBuild a customer-focused environmentBusiness AcumenBusiness owner mentalityGritFinance and AccountingNumerical reasoningAnalysis and judgementThe position requires trust and honesty and that entails the handling of cash and/or finances, which includes but is not limited to, the handling, administering, processing andPackage & RemunerationMarket RelatedDisclaimerPlease be advised that should you not hear from us within 14 days please consider your application unsuccessful.Please take note that by responding to this application and providing your personal information, you confirm your express and informed consent for Massmart Holdings Limited and all its subsidiaries and all affiliated companies ("Massmart"), to process your personal information in order for Massmart to consider your application for this position.All Personal Information which you provide to the Company will be used and/or retained only for the purposes for which it is collected, where after it will be permanently destroyed. Your information is only retained if it is required by law or where you have given consent to us to retain such information for an extended period. To read more about our privacy policy and how we process your information, please visit https://www.massmart.co.za/privacy-policy/
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Nominal Salary: To be agreed

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