Manager – Finance – Retail

Position Overview: The Financial Controller is a key leadership role within the finance department, reporting directly to the Chief Financial Officer (CFO).

This position is responsible for overseeing the dayto-day financial operations of the company, ensuring the accuracy and timeliness of financial reports, compliance with regulatory requirements, and the implementation of effective financial strategies and controls.

Job Description:

Financial Operations, Reporting and Analysis:

– Overseeing of end-to-end finance operations.

– Prepare accurate monthly, quarterly, and annual financial statements.

-Conduct variance analysis and provide insights on financial performance.

– Support budgeting and forecasting activities.

Inventory Management:

– Oversee and ensure the accuracy of inventory records and levels.

– Coordinate with inventory control teams to conduct regular audits and cycle counts.

– Analyze inventory data to identify trends, discrepancies, and opportunities for improvement.

– Work with purchasing and warehouse teams to optimize inventory levels and reduce costs.

Regulatory Compliance and Auditing:

– Ensure compliance with applicable accounting standards and regulatory requirements.

– Liaise with external auditors and coordinate the audit process.

– Maintain and update internal control procedures.

Cash Flow Management:.

– Develop cash management strategies to optimize financial resources.

Taxation.

– ERP implementation.

Process Improvement:.

– Identify opportunities for process improvements in financial operations.

– Implement best practices in financial management.

Audit Handling:.

– Manage statutory audits to ensure compliance with legal requirements.

– Coordinate with external tax advisors as necessary.

Strategic Planning:.

– Contribute to the financial strategic planning of the organization.

– Provide financial insights to support business decision-making.

Team Leadership and Development:.

– Supervise and mentor the finance team.

– Foster a collaborative and efficient working environment.

Education/Experience.

Qualifications:.

– Should be Chartered Accountant with least 10 years in Finance & Accounts Operations.

– In-depth knowledge of regulatory requirements and compliance standards.

– Strong proficiency in Microsoft Office, especially Excel.

– Strong analytical and problem-solving skills.

– Excellent communication and interpersonal skills.

– Strong leadership skills with experience in team management and development.

– Experience in the Retail industry or similar sectors (optional but can be a plus).