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).