Assistant To Financial Manager

Job Title	ASSISTANT Financial Manager (AFM)
Reporting to	Financial Manager (FM)

KEY PERFORMANCE AREA

DESCRIPTION

STATUTORY

Reconciliations

• Review Balance Sheet Reconciliations prepared by the management accountants based on account significance.
• Follow up on any outstanding items and ensure long-standing outstanding items are cleared timeously.

IFRS 16

• Prepare IFRS 16 impairment calculation for half year and year end reporting purposes.
• Prepare IFRS 16 reconciliation for half year and year end reporting purposes.
• Prepare IFRS 16 forecasts on a quarterly basis, including for 3 Year Plan and budget submissions.

REPORTING

Month End

• Review month-end journals prepared by the head office management accountants.
• Review of monthly income statement line items. Perform investigations to determine deviations from budget/forecast and significant growths from the prior year.
• Present monthly income statement and related findings to the Financial Manager before final income statement review.
• Review completed internal templates by the management accountants to ensure accuracy.
• Review slides for monthly exco reporting and ensure completion by required deadlines.
• Responsible for monthly review of cost centre reports generated by management accountants
• Responsible for monthly cost centre planning discussions with Financial Manager and brand cost centre owners

Quarterly Reporting

• Assist with the compilation and review of the MD reports.
• Assist Financial Manager to complete the forecasting process.
• Review slides for quarterly reporting and ensure completion by required deadlines.
• Review and submission of Pepkor quarterly packs prepared by the management accountants.

3 Year Plan

• Assist the Financial Manager to determine the 3 year plan timeline and resource planning.
• Perform first review of cost centre planning done by the head office management accountants (non-store related areas)
• Present any findings to the Financial Manager in related area’s
• Review slides for reporting and ensure completion by required deadlines.
• Review and submission of Pepkor packs prepared by the management accountants.

Budget

• Assist the Financial Manager in determining the budget timeline and resource planning.
• Perform first review of cost centre planning done by the head office management accountants (non-store related area’s)
• Present any findings to the Financial Manager in related area’s
• Review slides for reporting and ensure completion by required deadlines
• Review and submission of Pepkor packs prepared by the management accountants.

GENERAL

• Ad-hoc – Support the Financial Manager with ad-hoc reporting requirements as and when they arise.
• Brand Support – Assist cost centre owners in the brand to resolve any cost centre related queries.
• Fixed Assets – Responsible for handling/resolving all fixed asset queries relating to disposals and additions.
• Insurance – Responsible for providing insurance providers with all necessary insurance documentation annually.
• Audit – Coordination of audit requests as they arise and ensuring delivery before the required due date.
• Year end – Perform inventory capitalisation, stock obsolescence and lay-by adjustment calculations if not provided by Ackermans.
• People management
• Liaise with direct reports regarding leave and work from home requests.
• Monitor and evaluate performance with direct reports and raise any issues with the Financial Manager where necessary.
• Perform performance evaluations as required by company processes.