Takealot.com, a leading South African online retailer, is looking for a highly talented Head of Finance: General Finance to join our Finance Team in Cape Town.
We are a young, dynamic, hyper-growth company looking for smart, creative and hard-working people with integrity to join us. We offer a market related Total Remuneration Package, which allows full flexibility according to your needs, a great work environment and a promise that you won’t be bored, as long as you are prepared for a challenge and want to build something great.
The position reports to the takealot.com Chief Financial Officer
Your responsibilities will include:
Financial Leadership:
- Provide strategic financial leadership and direction to the finance team.
- Develop and implement financial policies, procedures, and controls to ensure compliance and efficiency.
- Collaborate with senior management to develop and execute the company's financial strategy.
Accounts Payable:
- Oversee the accounts payable function, ensuring timely and accurate processing of invoices and payments.
- Implement and maintain effective vendor management practices.
- Monitor and manage cash flow to optimize working capital.
Accounts Receivable:
- Manage the accounts receivable function, ensuring timely and accurate invoicing and collections.
- Develop and implement credit policies and procedures to minimize bad debt.
- Monitor and report on accounts receivable aging and performance.
Revenue Management:
- Oversee revenue recognition processes and ensure compliance with accounting standards.
- Analyze revenue trends and provide insights to support business decision-making.
- Collaborate with commercial and marketing teams to standardize reporting.
Stock Management:
- Oversee inventory management and control processes.
- Ensure accurate and timely recording of stock movements and valuations.
- Monitor stock levels and optimize inventory turnover.
Marketplace Finance:
- Manage financial operations related to the company's third-party marketplace.
- Develop and implement financial policies and procedures for marketplace transactions.
- Monitor and report on marketplace financial performance.
Financial Reporting and Analysis:
- Prepare and present financial reports, including monthly, quarterly, and annual financial statements.
- Take full ownership of annual and interim financial audits (internal and external).
- Work closely with FP&A team to complete the annual budget cycle.
- Identify and execute automation opportunities.
- Provide insights and recommendations to support business decision-making.
- Ensure full statutory compliance relating to indirect company taxes.
- Responsible for the integrity of all financial records.
Team Management:
- Lead and mentor the finance team, fostering a culture of continuous improvement and professional development.
- Set performance goals and conduct regular performance reviews.
- Ensure the finance team is adequately resourced and trained.
Attributes required:
- High business acumen.
- Excellent leadership and communication skills.
- Ability to work and keep up in a fast-paced, changing business environment.
- Strong general financial background with proven skills in financial accounting, budgeting and reporting, treasury, and cash flow management.
- Proven experience developing and managing new frameworks, processes and procedures across a growing business to ensure rigorous compliance with external and internal policies.
- Ability to prioritize and meet tight deadlines.
Qualifications and Experience:
- CA (SA) with 5+ years' experience in managing a finance team.
- Experience in e-commerce or retail industry is highly desirable.
- Strong knowledge of financial principles, practices, and regulations.
- Excellent analytical, problem-solving, and decision-making skills.
The Environment:
- takealot.com employees are entrepreneurial and dynamic, smart, customer-centric, fun and have the shared ambition of takealot.com being the leading e-commerce company in Africa.
- We have fun, work hard, take ownership, work in teams to create solutions, and are always open to direct feedback/new ideas on where we can improve.
- We are short on ego and high on output.
- We are doers and not only thinkers; it's all in the execution after all.
- We love what we do and what we are creating.
- We are all accountable.
We seek to Employ an Extra Ordinary Mind who:
- is respectful but forthright.
- is an expert at doing, who can not only design but also execute.
- is analytical, able to use data to make decisions.
- is competitive, self-directed and strives to be the BEST (GREAT requires a lot of work and does not only happen during business hours).
- is passionate about the potential of e-commerce and delivering a world-class customer experience .
- is entrepreneurial, thrives under change and accepts it is a constant and always looks for solutions to do something better and faster.
- is business SMART, able to think about problems from a business perspective using technical and product input.
- is curious and challenges the status quo.
- is innovative and enjoys iteration.
- is collaborative.
- will be at the cutting edge of developing new concepts for takealot.com.
- thinks like an owner of the business.
- is SMART, has INTEGRITY and is HARD WORKING .
If you meet the above criteria and are an Extraordinary Mind , come and join us!
Takealot is an Equal Opportunity Employer. Applicants from the previously disadvantaged groups and people with disabilities will be given preference.
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