Head of Finance
REF: KK566
Market Related Salary
Cape Town CBD, Western Cape
Our client, a leader in their field, is looking for a dynamic Head of Finance to join their team.
REPORTING TO THE CFO, RESPONSIBILITIES INCLUDE:
Financial Leadership:
Providing strategic financial leadership and direction to the finance team
Developing and implementing financial policies, procedures, and controls to ensure compliance and efficiency
Collaborating with senior management to develop and execute the company’s financial strategy
Accounts Payable:
Overseeing the accounts payable function, ensuring timely and accurate processing of invoices and payments
Implementing and maintaining effective vendor management practices
Monitoring and managing cash flow to optimise working capital
Accounts Receivable:
Managing the accounts receivable function, ensuring timely and accurate invoicing and collections
Developing and implementing credit policies and procedures to minimise bad debt
Monitoring and reporting on accounts receivable aging and performance
Revenue Management:
Overseeing revenue recognition processes and ensuring compliance with accounting standards
Analysing revenue trends and providing insights to support business decision-making
Collaborating with commercial and marketing teams to standardise reporting
Stock Management:
Overseeing inventory management and control processes
Ensuring accurate and timely recording of stock movements and valuations
Monitoring stock levels and optimising inventory turnover
Financial Reporting and Analysis:
Preparing and presenting financial reports, including monthly, quarterly, and annual financial statements
Taking full ownership of annual and interim financial audits (internal and external)
Working closely with FP&A team to complete the annual budget cycle
Identifying and executing automation opportunities
Providing insights and recommendations to support business decision-making
Ensuring full statutory compliance relating to indirect company taxes
Being responsible for the integrity of all financial records
QUALIFICATIONS AND EXPERIENCE:
CA (SA) with 5+ years’ experience in managing a finance team
Experience in e-commerce or retail industry is highly desirable
Strong knowledge of financial principles, practices, and regulations
Strong general financial background with proven skills in financial accounting, budgeting and reporting, treasury, and cash flow management
Excellent analytical, problem-solving, and decision-making skills