Mr Price Group

Financial Manager (Real Estate) Mr Price Group

Mr Price Group  •  Durban, ZA (Onsite)  •  4 days ago
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Job Description

We are looking for a commercially minded Real Estate Finance Manager to lead financial planning, reporting, and risk activities across the division. This role plays a key part in supporting strategic decision-making and Real Estate portfolio growth.

Strategic Planning & Business Support

  • Contribute to the development and execution of
    divisional strategies and KPIs.
  • Support strategic store reviews through
    financial and commercial analysis.
  • Provide financial insights to support store
    renewals, relocations, rightsizing initiatives, and new store
    opportunities.
  • Support management with financial planning and
    long-term decision-making.

Financial Management & Reporting

  • Manage and monitor divisional budgets,
    expenses, forecasts, and projects.
  • Ensure accurate financial reporting, analysis,
    and cost control.
  • Prepare management reports, financial updates,
    and quarterly board packs.
  • Analyse financial performance and provide
    recommendations to improve profitability and efficiency.
  • Track and report on budget variances and key
    financial risks.

Research & Commercial Analysis

  • Conduct feasibility studies for potential
    store opportunities.
  • Analyse market developments, commercial
    metrics, rental opportunities, and capital expenditure requirements.
  • Provide recommendations on store viability and
    commercial returns.
  • Monitor progress of feasibility studies and
    strategic initiatives

Risk Management

  • Identify, assess, and report on financial and
    operational risks.
  • Recommend mitigating actions to support sound
    business decision-making.

Stakeholder Management

  • Serve as a key liaison between the Real Estate
    team and landlords.
  • Influence business decisions through sound
    financial advice and commercial insight.
  • Communicate complex financial information
    clearly to support informed decision-making.

Leadership & People Management

  • Lead and manage a team of Real Estate Finance
    Clerks
  • Foster a high-performance culture focused on
    accountability and continuous improvement.

Qualified Chartered Accountant (CA(SA)

3 to 4 years' Commercial Business Finance experience.

Experience in budgeting, forecasting, financial reporting, and analysis.

Exposure to commercial or real estate environments will be advantageous.

Mr Price Group

About Mr Price Group

Mr Price Group Limited is an omni-channel, fashion value retailer. The Group retails apparel, homeware and sportswear and is one of the fastest growing retailers in South Africa.

Our History:

1885 - The first John Orrs store opens

1934 - The first Hub store opens

1952 - John Orrs is listed on the JSE

1967 - Acquisition of two Miladys stores

1986 - Laurie Chiappini and Stewart Cohen, together with BOE, acquire a major shareholding in John Orr Holdings

1987 - The first Mr Price store opens

1991 - Laurie Chiappini and Stewart Cohen acquire control of the Group from BOE

1993 - Launch of the Mr Price Group Share Partnership Initiative

1996 - Acquisition of Galaxy & Co. and Sheet Street

1997 - Alastair McArthur is appointed as CEO

1998 - Mr Price Home launched

2000 - Mr Price opens stores in Botswana and Namibia

2001 - Specialty Stores becomes MR Price Group

2005 - Over 100 million units are sold across the group

2006 - Sale of the Hub and Galaxy divisions

2007 - Launch of Mr Price Sport stores and Mr Price Franchising

2008 - Miladys wins the Orange Index award for excellence in customer service

2008 - Mr Price Apparel is voted the most loved and most frequented retail apparel brand

for the first time

2008 - This year Mr Price Home is voted the most loved and most frequented homeware retailer

2011 - Retail sales exceed R10 billion and profit attributable to shareholders exceeds R1 billion

for the first time

2011 - The group celebrates the 25th anniversary of change in control, recording a CAGR share of 25.3% and headline earnings per share of 23.5% over this period

2012 - First Corporate owned Mr Price store opens in Lagos, Nigeria

2013 - Mr Price launches its online store

Industry
Retail & Ecommerce
Company Size
10,000+ employees
Headquarters
Durban, ZA
Year Founded
1985
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