Job Ref #: SG-746
Industry: Information Technology
Job Type: Permanent
Positions Available: 1

Job Description

Purpose:

The candidate will be responsible for analysing financial statements and predicting the future performance of the client's franchisor and franchises. Identifying risks and opportunities that drive improved profitability across the franchise channel

Duties and Responsibilities:

Franchise Financial Analysis

• Compile annual schedule/timelines of franchise reviews
• Compile template of analysis which will be used to review each franchise to report on the results per franchise
• Review franchise results in detail including income statement, cash flow and balance sheet
• Review various other reports of franchises to identify areas for review and improvement
• Identify any other reports that will add value to the process of review
• Compare results of review between franchises and compare predetermined benchmarks to identify areas for improvement
• Identify areas of improvement related to excessive costs and potential revenue leakage
• Meet with franchise holders and franchise financial managers to review and ask relevant questions during Business Reviews
• Calculate relevant ratios and ensure capital allocations and funding is appropriate
• Review financial controls of franchises to identify risk areas
• Review working capital in detail to ensure optimal utilisation of cash
• Analyse data to identify opportunities for improvement

Financial Controls

• Review balance sheet recons of franchises to ensure these are appropriate and contain no risk
• Ensure financial controls are in place at franchises to prevent and detect fraud and error
• Review processes and procedures of franchises to ensure optimization and compliance

Franchise Agreements

• Understanding of all franchise agreements to ensure compliance
• Understanding of all shareholder agreements to ensure compliance
• Ensure franchises meet contractual obligations in terms of the franchise agreement and shareholders agreements

Franchise Targets

• Manage the annual sales targets process from a financial point of view that client and the franchises agree on for each franchise

Reporting

• Compile monthly analysis reports for presentation to Exco OTHER ASSIGNMENTS To perform any assignments as and when requested to do so by the CFO and any other Executive Officer.

Job Requirements

 

Qualifications and experience :

• Minimum 3 - 5 years’ experience in a Financial Analyst or Financial Manager role
• CA (SA), CIMA, CFA or similar qualification preferred
• Advanced Excel skills

Competencies 

• Deadline driven
• Leading and deciding
• Excellent communication and presentation skills
• Able to work individually and within a team
• Ability to multi-task
• Analytical thinking and questioning mind
• Strong business acumen with commercial experience
• Self-starter who is willing to go the extra mile
• Ability to work with people at all levels
• Planning and organizing
• Adapting and coping with pressure
• Strategic planning and financial analysis