Job Purpose

To improve the profitability of the division by managing and coordinating the operational financial activities and ensuring adherence to financial and budget requirements and compliance with business policies and procedures.

Job Objectives

•  Co-ordinating and planning the division’s annual budget and forecasts within the agreed business objectives         to ensure that the division meets its annual financial performance.
•  Compiling the division’s monthly management, financial statements and business review reports, clearly indicating deviations to targets and drive investigations and appropriate actions needed to be taken by the operational managers.
• Managing and controlling employment costs for the division.
• Monitoring the divisional performance, identifying, and analysing trends to be reported on, on a weekly performance and driving the appropriate actions through operational managers.
• Managing and driving the weekly scorecard meetings to ensure continuous improvement.
• Identifying profitable business opportunities and driving the cost saving initiatives in the division
• Ensuring compliance to financial policies and procedures, thereby ensuring compliance with internal controls and reducing risk within the division together with satisfying the internal and external auditors’ recommendations.
• Ensuring that the financial viability of projects within the division is aligned to business objectives by ensuring the return on investment for capex is achieved.
• To equip operational managers with the understanding and knowledge of the management financial statements and principles in order to ensure that management can make sound business decisions.
• Managing the financial administrative functions within the division, ensuring compliance with legislation and business policies and procedures and financial controls.
• To effectively engage, persuade and influence stakeholders to improve divisional profitability.
• To be the customer’s first choice health and beauty retailer by living and driving the company values.
• Driving the reduction in divisional shrinkage and waste