The Financial Manager is responsible for overseeing the financial health and compliance of the business through accurate reporting, financial controls, budgeting, cash flow management, and strategic financial support — ensuring sound governance while enabling operational and commercial decision-making. In an FMCG and distribution environment, this role plays a critical part in stock control, margin management, debtor oversight, and sustainable growth.
Key Responsibilities
Financial Reporting
- Prepare and present monthly management accounts
- Ensure accuracy and integrity of financial records
- Oversee general ledger reconciliations and month-end processes
- Monitor profitability, margins, and operating expenses
- Produce cash flow forecasts and financial projections
- Ensure compliance with IFRS/accounting standards
Cash Flow & Working Capital
- Manage daily cash flow requirements
- Monitor debtors and creditors aging
- Ensure efficient working capital management
- Oversee payment cycles and supplier reconciliations
- Implement controls to reduce bad debts and improve collections
Compliance & Governance
- Ensure compliance with tax, VAT, and statutory requirements
- Manage external audits and liaise with auditors
- Maintain strong internal financial controls and policies
- Ensure adherence to company procedures and delegated authorities
Budgeting & Forecasting
- Lead annual budgeting processes across departments
- Monitor budget performance and investigate variances
- Assist department heads with financial planning and cost control Develop rolling forecasts and scenario planning models
Inventory & Cost Control
- Oversee inventory valuation and stock reconciliations
- Monitor stock movement, shrinkage, write offs, and variances
- Ensure accurate landed costing and margin calculations
- Support warehouse and distribution controls
- Work with operations and commercial teams on stock planning
Leadership & Commercial Support
- Lead and develop the finance team
- Drive accountability, accuracy, and process discipline
- Provide financial insights to support business decisions
- Evaluate pricing structures, rebates, and promotional spend
- Partner with commercial and operations teams on profitability