Pick N Pay jobs in South Africa

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The Regional Finance Manager position will play a critical role in assisting the Head of Retail and contributing to the overall financial health and success of the Retail Operating Region. This role aids in various aspects of financial reporting and analysis, aligned to the achievement of strategic objectives across the PnP Retail business. The RFC will also provide support and assist with delivering Operational and Strategic financial services and reports within the Operating Region for relevant decision making. These services may relate to the provision and consolidation of financial information, guidance on finance related processes, policies, and support in the execution of all finance related tasks for the various Finance functions and units in the broader business. The key purpose of this role is also to educate and support individuals in the business on financial information, monitoring of business financial health and create efficiencies in the operating model across all aspects of the Operating Region's Profit and Loss statement.

BCom/Hons Degree in Financial/Management Accounting
Minimum of 3 years of experience in Retail Finance Environment

1. Retail industry knowledge
2. Financial Modelling and Analysis
3. Reporting and Analysis
4. Operating Business knowledge
5. Stakeholder Relationship
6. Budgeting and forecasting
7. Management Accounts
8. Financial planning & reporting
9. Process improvement
10. Risk management

Strong financial analysis skills to assess the financial health of Pick n Pay, analyse financial data and provide guidance in financial strategy and performance.
Strong understanding of accounting principles, financial reporting requirements and financial statement analysis.
Ability to identify, assess and manage financial risks and develop risk mitigation strategies to protect Pick n Pay from financial losses.
Strong data analysis and management skills to analyse large amounts of data using finance tools such as SAP, BBP and Analysis for Office.

To provide all finance support to run the business area including driving improved profitability and cost efficiencies.
Collaborate with retail leadership to understand and align financial strategies across Pick n Pay Business's with the overall strategic intent of the retail division.
Ensure that financial plans and objectives support the business & long-term goals and growth strategies.
Prepare business cases for new initiatives and investments as required by the Head of Retail/Finance Division.
Monitor performance against approved business cases and approved budget.
Draw reports to generate insights to support decision-making within the retail division.
Monitor financial performance, identify key trends, and analyse variances against budgets and forecasts.
Communicate financial information clearly and effectively to stakeholders.
Prepare regular financial reports for retail leaders and senior management e.g. daily, weekly and monthly financial reports, forecasts and budgets.
Maintain project budgets and forecasts.
Ensure adherence to financial reporting standards and regulations and avoid conflicts of interest that could comprise objectivity.
Develop a deep understanding of the overall retail industry and Pick n Pay business and align your advice and key decisions to support it.
Sound Knowledge of accounting principles to provide relevant financial analysis and advice.
Analyse cross-functional and business data to inform strategic, operational and domain specific trends and observations for review to business.
Support the Retail Finance executives by understanding and integrating with business to enhance services offered and identify new services finance can initiate to support the business.
Assist business in resolving financial audit queries.
Implement and ensure continuous improvement on all processes between Finance and the Operations functional areas.
Lead or contribute to the annual budgeting and forecasting processes for the retail division and monitor and track against targets.
Develop and implement key performance indicators (KPIs) and metrics to assess the financial performance of the operating division. Guide and assist in planning and improvements based on performance and operational data.
Collaborate effectively with cross functional teams to develop a model that identifies future potential financial issues and develop contingency plans i.e. identifying revenue stream and optimising expenses to address possible potential issues that may arise.
Act as the Risk Manager for the Operating Region and manage all risk related matters, audit queries and Insurance claims processes.

14 February 2025

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