Assistant Finance Manager

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. 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. • Liaise 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.