Description:
Your primary responsibility will be managing the financial and operational functions of Accounts Payable, Banking and Stock Integrity. Working with the Accounts Payable, Banking and Treasury, and Stock Integrity managers to ensure all controls and processes are in place and adhered to, building, maintaining and managing relationships with external parties (all suppliers, banks and other institutions) and ensuring month-end for these areas are completed timely, accurate reconciliations are performed and reviewed, and adequate reporting is in place.
You will be the key liaison between the business (management, buyers, stores, retail operations), the finance team and external service providers. You will also be the key person responsible for ensuring the annual external audit runs effectively with no overruns, and for the roll out of any new systems or projects relating to these areas.
1. Assist the Accounts Payable manager to ensure the department runs effectively and efficiently
2. Ensure all processes and controls are in place with regard to new supplier take on, supplier maintenance, contracts, discounts, terms and conditions and payments
3. Key liaison with suppliers on payment and credit limit matters
4. Key liaison with the external auditors to ensure a successful audit
BANKING AND TREASURY
- Assist the Banking and Treasury manager to ensure the department runs effectively and efficiently
- Ensure all processes and controls are in place with regard to bank reconciliations for stores, e-commerce, interbank transactions and money market accounts
- Ensure all agreements are in place with financial institutions, cash collection services and other service providers (Paypal, Klarna, Amazon etc.)
- Ensure all bank mandates are maintained at all times with financial institutions
- Key liaison with store cash collection service provider
- Key liaison with the business (retail operations, e-commerce team, payroll and accounts payable) on all banking related matters
- Ensure all store/e-commerce bank accounts are reconciled daily, and that all discrepancies are resolved timeously
- Ensure all bank reconciliations are performed and reviewed monthly, and that all discrepancies are resolved timeously
- Prepare a daily cash flow forecast for 12 months ahead to establish business funding requirements
- Assist the Head of Finance with funding requirement reviews and negotiations
- Key liaison with banks to ensure business liquidity
Qualifications and Experience:
- Qualified CA/ACA/ACCA
- Solid and 2 year + managerial experience in Accounts Payable, Retail Banking and Treasury
- Solid experience in staff management
- Experience in setting up and maintaining a strong control environment
- Exposure to Oracle would be advantageous
- Solid experience in dealing with internal and external...