Description:
Role Purpose
Smeg South Africa is seeking a highly capable Junior Financial Manager to support the full financial operations of the South African subsidiary. This role is suited to a hands-on, detail-oriented finance professional who can operate effectively within a lean team structure, manage end-to-end financial processes, and contribute to accurate, compliant, and timely financial reporting.
The Junior Financial Manager will play a critical role in ensuring financial integrity, supporting commercial decision-making, and maintaining alignment with the reporting and compliance frameworks of the international head office.
Key Responsibilities
Financial Management & Reporting
• Assist with monthly, quarterly, and annual financial reporting in line with group and statutory requirements.
• Prepare and analyse management accounts, variance analyses, and financial performance insights.
• Support year-end processes, audit preparation, and engagement with external auditors.
• Maintain the general ledger and ensure accurate transaction processing.
• Assist with consolidation reporting for submission to the international head office.
Budgeting & Forecasting
• Support annual budget preparation and monthly forecast revisions.
• Assist with financial modelling, scenario planning, and cash-flow forecasting.
• Monitor actual vs. budget performance and highlight material deviations.
Cash Flow & Treasury Management
• Prepare monthly cash flow forecasts and liquidity analyses.
• Manage and reconcile bank accounts to ensure accuracy and sufficient working capital.
Accounts Payable & Receivable Oversight
• Support Accounts Payable and Accounts Receivable teams with complex or escalated queries.
• Review reconciliations and aging analyses to ensure timely and accurate processing.
• Assist with credit control initiatives and debtor management where required.
Cost Control & Operational Finance
• Conduct cost analysis on operational expenditure including imports, warehousing, logistics, and distribution.
• Assist with margin analysis and pricing support.
• Partner with Sales, Retail, Service Centre, and Logistics teams to ensure financial alignment and cost efficiency.
Compliance & Governance
• Ensure adherence to South African statutory requirements including SARS, VAT, PAYE, Income Tax, and Companies Act compliance.
• Assist in maintaining and strengthening internal controls and financial governance frameworks.
• Support regulatory and group compliance reporting obligations.
Inventory & Imports Finance
• Assist with landed cost calculations and import costing processes.
• Monitor stock movements and shrinkage; perform periodic stock reconciliations.
• Support the finance function within the broader supply chain environment.
Systems, Processes & Automation
• Assist with ERP and financial system improvements (SAP/QuickBooks/Sage or equivalent).
• Identify inefficiencies and support continuous process optimisation initiatives.
• Ensure proper documentation and maintenance of finance standard operating procedures (SOPs).
Requirements:
- Junior Financial Manager: 2 to 3 years
Minimum Requirements
Education
• BCom Finance / BCom Accounting / BCompt or equivalent (required).
• Honours / CTA – advantageous.
• Part-qualified or aspiring CA(SA), CIMA, or SAIPA – advantageous.
Experience
• 2–4 years’ experience in finance or accounting roles.
• Experience in FMCG, retail, or import-driven environments – advantageous.
• Exposure to multinational reporting structures – beneficial.
Technical Skills
• Strong understanding of financial accounting principles and IFRS fundamentals.
• Advanced MS Excel skills (Pivot Tables, VLOOKUP/XLOOKUP, financial modelling).
• Experience with ERP or financial systems (SAP advantageous).
• Working knowledge of SARS eFiling, VAT submissions, and tax procedures.
Competencies & Attributes
• High attention to detail and accuracy.
• Strong organisational skills with the ability to meet deadlines.
• Analytical mindset with strong problem-solving capability.
• Excellent written and verbal communication skills.
• Integrity, professionalism, and strong ethical standards.
• Ability to work independently within a small team environment.
• Proactive, self-motivated, and eager to learn and grow.
Working Conditions
• Based at the Head Office in Bryanston, Johannesburg.
• Standard office hours with occasional extended hours during month-end and audit cycles.
• Interaction with the international finance division may require occasional after-hours communication.
Should you not receive a response within 10 working days, please consider your application unsuccessful.