Assistant Financial Manager Power Fashion

<p>Power Fashion is looking for an Assistant Finance Manager&nbsp;<br>The Purpose of this Assistant Finance Manager role is to assist with the day-to-day functioning &amp; management of the finance team resulting in timely and accurate monthly, half-year &amp; year-end financial results, ensuring strong financial controls and compliance with relevant policies and regulations</p><ul style="list-style-type: disc;"><li style="line-height: normal;">CIMA or CA (SA)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li style="line-height: normal;">2+ years of post-articles/ financial accounting experience&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li style="line-height: normal;">Retail experience is essential &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li style="line-height: normal;">Experience with Accounting, Financial planning and budgeting, Process knowledge, People management, Advanced MS Office, and Analytical ability</li></ul><p><strong>Key Competencies</strong></p><ul style="list-style-type: disc;"><li>Strong attention to detail and accuracy</li><li>Analytical and problem-solving skills</li><li>Good organisational and time-management skills</li><li>Ability to work independently and within a team environment</li><li>Ability to work under pressure and meet deadlines</li><li>Strong communication and interpersonal skills</li><li>High level of integrity and confidentiality</li><li>Proactive approach to identifying issues and solutions</li></ul><p><strong>Reporting&nbsp;&nbsp;&nbsp;</strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p><ul style="list-style-type: disc;"><li>Assist in compilation and submission of reports weekly, monthly, at half year and year-end and annually (e.g. Group financial reporting pack - GMB, PF management report, board pack, half year &amp; year-end financial packs, annual budget packs, 5 year financial model, RLC, general ledger, trial balance etc.).&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li>Review and reconcile general ledger accounts and ensure accounting records are accurate and complete&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li>Assist with month-end and year-end close processes&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li><p>Prepare and review balance sheet reconciliations&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p><p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p></li></ul><p><strong>Internal / External Audit&nbsp;&nbsp;</strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p><ul style="list-style-type: disc;"><li>Ensure that the finance team complies with all internal / external audit requirements. This includes preparing working papers at half year &amp; year-end as well as attending any necessary meetings.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li>Maintain and strengthen internal financial controls and procedures&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li><p>Laise with internal and external audit and provide requested information&nbsp;&nbsp;&nbsp;</p><p>&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;</p></li></ul><p><strong>Payments</strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p><ul style="list-style-type: disc;"><li><p>Approve and release payments in order to ensure all invoices are paid timeously.&nbsp; This includes suppliers, monthly salaries, monthly &amp; annual incentives, ad hoc payments.&nbsp;&nbsp;&nbsp;</p><p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p></li></ul><p><strong>Analysis</strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p><ul style="list-style-type: disc;"><li>Use business insights and provide sales &amp; cost centre analysis against budget &amp; forecast in order to provide feedback &amp; / or recommendations&nbsp;</li></ul><p>&nbsp;</p><p><strong>General administration&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</strong></p><ul style="list-style-type: disc;"><li>Effective control of all costs, cashflow management and other finance efficiencies (e.g. monthly forecasting, credit card expenditure, annual insurance renewals &amp; vehicle fleet costs) in order to maintain the businesses general administration. Submission of VAT &amp; Tax returns for foreign entities.</li><li>Update the monthly financial model by country including income statement, balance sheet &amp; cashflow including sign off of monthly balance sheet and general ledger.</li><li>Processing of month end journals.&nbsp;&nbsp;</li><li>Assist the Financial Manager in managing and developing the finance team</li><li>Review work performed by finance team members and provide guidance where required</li><li>Identify opportunities to improve financial processes and efficiencies</li><li>Assist with financial projects, system improvements and ad hoc analysis</li></ul><p style="margin-left: 36pt;">&nbsp;</p>