Financial Manager-Hardware

**JOB DESCRIPTION: FINANCIAL MANAGER** **ROLE PURPOSE** The Financial Manager is responsible for managing the full financial function, ensuring accurate financial reporting, effective cash flow management, stock control, compliance, and profitability within a retail hardware environment. **KEY RESPONSIBILITIES** **Financial Management \& Reporting** * Prepare monthly management accounts, financial reports, and analysis. * Ensure accurate recording of all financial transactions in line with accounting standards. * Oversee general ledger, balance sheet reconciliations, and month\-end close. * Prepare annual financial statements and assist with audits. **Budgeting, Forecasting \& Cost Control** * Develop and manage annual budgets and forecasts. * Monitor sales, gross margins, expenses, and variances. * Implement cost\-control measures to improve profitability. **Cash Flow \& Working Capital** * Manage daily cash flow, bank accounts, and payment cycles. * Oversee debtors, creditors, and supplier payments. * Monitor credit limits and customer accounts. * Manage banking facilities and relationships. **Stock \& Inventory Control** * Oversee stock valuation, cost of sales, and inventory reconciliations. * Monitor stock turnover, slow\-moving and obsolete stock. * Ensure accurate stock counts and variance reporting. * Work closely with operations to improve stock management. **Compliance \& Governance** * Ensure compliance with statutory requirements (VAT, PAYE, Income Tax, SARS). * Maintain strong internal controls and financial policies. * Ensure audit readiness and regulatory compliance. **Systems \& Process Improvement** * Maintain and improve financial systems (POS, inventory, accounting software). * Automate reporting and improve financial processes. * Support system upgrades and data integrity. **Leadership \& Team Management** * Manage and develop finance staff (creditors, debtors, cashiers, stock clerks). * Ensure performance management and training. * Foster a culture of accountability and accuracy. **MINIMUM REQUIREMENTS** * Bachelor’s Degree in Finance, Accounting, or related field. * 5\+ years’ experience in financial management, preferably in **retail or hardware**. * Strong experience with stock, margins, and retail financial controls. * Proficiency in accounting software and advanced Excel. * Knowledge of POS and inventory systems (advantageous). **KEY COMPETENCIES \& SKILLS** * Strong analytical and numerical ability * High attention to detail and accuracy * Retail \& commercial awareness * Leadership and people management skills * Excellent communication and reporting * Integrity, confidentiality, and professionalism * Ability to work under pressure and meet deadlines **WORKING RELATIONSHIPS** * Group Finance Team * Store Management \& Operations * Suppliers, Banks, Auditors \& SARS Job Type: Full\-time Work Location: In person