Assistant Financial Manager Power Fashion

Job Description
Power Fashion is looking for an Assistant Finance Manager 

• The Purpose of this Assistant Finance Manager role is to assist with the day-to-day functioning & management of the finance team resulting in timely and accurate monthly, half-year & year-end financial results, ensuring strong financial controls and compliance with relevant policies and regulations

Responsibilities
Reporting                        

• 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 & year-end financial packs, annual budget packs, 5 year financial model, RLC, general ledger, trial balance etc.).          
• Review and reconcile general ledger accounts and ensure accounting records are accurate and complete        
• Assist with month-end and year-end close processes       
• Prepare and review balance sheet reconciliations              

Internal / External Audit                         

• Ensure that the finance team complies with all internal / external audit requirements. This includes preparing working papers at half year & year-end as well as attending any necessary meetings.              
• Maintain and strengthen internal financial controls and procedures       
• Laise with internal and external audit and provide requested information           

Payments                       

• Approve and release payments in order to ensure all invoices are paid timeously.  This includes suppliers, monthly salaries, monthly & annual incentives, ad hoc payments.                       

Analysis                          

• Use business insights and provide sales & cost centre analysis against budget & forecast in order to provide feedback & / or recommendations

General administration                          

• Effective control of all costs, cashflow management and other finance efficiencies (e.g. monthly forecasting, credit card expenditure, annual insurance renewals & vehicle fleet costs) in order to maintain the businesses general administration. Submission of VAT & Tax returns for foreign entities.
• Update the monthly financial model by country including income statement, balance sheet & cashflow including sign off of monthly balance sheet and general ledger.
• Processing of month end journals.  
• Assist the Financial Manager in managing and developing the finance team
• Review work performed by finance team members and provide guidance where required
• Identify opportunities to improve financial processes and efficiencies
• Assist with financial projects, system improvements and ad hoc analysis

Qualifications

• CIMA or CA (SA)                                                                                                   
• 2+ years of post-articles/ financial accounting experience                                                          
• Retail experience is essential                 
• Experience with Accounting, Financial planning and budgeting, Process knowledge, People management, Advanced MS Office, and Analytical ability

Key Competencies

• Strong attention to detail and accuracy
• Analytical and problem-solving skills
• Good organisational and time-management skills
• Ability to work independently and within a team environment
• Ability to work under pressure and meet deadlines
• Strong communication and interpersonal skills
• High level of integrity and confidentiality
• Proactive approach to identifying issues and solutions