Financial Controller at Buymore Supermarket

Job Summary

An exciting opportunity has arisen for a motivated professional to join Buymore Supermarket as Head of Finance. You will be responsible for overseeing the financial operations of the supermarket chain, ensuring strong financial controls, accurate reporting, compliance with statutory requirements, and effective budgeting to support business growth. This role provides strategic financial leadership and ensures efficient financial management across all four branches.

Key Responsibilities

Financial Planning & Strategy

• Develop and implement the company's annual budget and financial strategy
• Prepare monthly, quarterly, and annual financial forecasts to guide business decisions
• Lead financial analysis to support expansion, pricing decisions, and profitability

Financial Reporting

• Prepare timely and accurate financial reports including profit & loss statements, balance sheets, cash flow statements, and branch performance reports
• Present financial performance insights to management and recommend improvements

Financial Controls & Compliance

• Establish and enforce robust internal controls across all branches including cash handling, POS reconciliation, stock movement, and approvals
• Ensure compliance with tax laws, regulatory requirements, and IFRS/GAAP standards
• Manage external audits and ensure proper documentation

Cashflow & Treasury Management

• Monitor daily cashflow and ensure adequate liquidity for operations
• Oversee bank reconciliations, vendor payments, and receivables management
• Ensure proper management of POS settlements, transfers, and revenue reconciliation

Inventory & Cost Management

• Oversee inventory valuation, stock audits, and shrinkage control
• Work with Procurement and Operations to manage cost of sales and maintain healthy margins
• Analyse branch variances, wastages, and price discrepancies

Team Leadership & Branch Oversight

• Supervise branch accountants, cashiers, and finance staff
• Conduct finance-related training across branches