Jobs in Cape Town
Financial Manager
Role Overview
Introduction
The Financial Manager is responsible for the full financial management function of the business, ensuring strong financial control, accurate reporting and effective cash flow management in a high-volume import and wholesale environment. The role includes oversight of accounting, compliance, inventory finance, and foreign transactions while supporting strategic decision-making and operational efficiency.
Responsibilities
Duties & Responsibilities
Financial Management & Reporting: Prepare and review monthly management accounts, including variance analysis. Ensure accuracy of general ledger journals and reconciliations. Produce financial reports for EXCO / Directors. Manage year-end processes and liaise with external auditors.
Cash Flow & Treasury: Manage cash flow forecasting and working capital. Monitor and manage foreign payments and exchange rate exposure. Oversee banking relationships and facilities.
Import & Inventory Finance: Manage financial aspects of imports including landed cost calculations, duties and VAT. Ensure accurate stock valuation and costing. Monitor inventory levels, provisions and slow-moving stock. Work closely with procurement and logistics teams.
Compliance & Controls: Ensure compliance with SARS requirements including VAT, Income Tax and Customs where applicable. Maintain strong internal controls and financial governance. Oversee statutory submissions and regulatory requirements.
Business Partnering: Provide financial insights to support operational and strategic decisions. Partner with sales and operations on margins, pricing and profitability. Identify risks and opportunities within the business.
Requirements
Desired Experience & Qualification
BCom Accounting / Finance (Essential). Completed articles (SAICA / SAIPA preferred). CA(SA) advantageous but not essential. 5 - 8 years relevant finance experience. Minimum 2 - 3 years Financial Manager or senior accounting role. Experience in importing, wholesale or distribution highly preferred. Strong experience with inventory and cost accounting. Exposure to foreign exchange transactions. Strong knowledge of IFRS for SMEs or applicable standards. Advanced Excel essential. ERP system experience like SAP, Syspro, Pastel or similar. Strong understanding of VAT, customs duties and import regulations. Strong analytical and problem-solving ability, high attention to detail, leadership, communication and commercial thinking.
Package & Remuneration
R70 000 CTC depending on experience