Job Summary
The role is responsible for full financial reporting function up to management account level, along with all statutory obligations in terms of VAT, income tax & PAYE. Will supervise the accounting team consisting of debtor’s controller, creditors clerk and POS clerk. Manage payments and assisting FM in cash flow forecasts. Preparation, analysis, and presentation of management accounts to FM.
Key Performance AreasCashbookReview and oversight of the followingGeneral processing
Credit card processing
Petty cash processing
Record journal entries
Data Capturing and ReconciliationPrepare reconciliations for each balance sheet account.
Review cash & credit card account reconciliations
Record journal entries
Capture statutory returns: PAYE, SDL, VAT
Capture payroll journals
Creditors ControlCapture invoices
Prepare payments.
Record journal entries
Supervise TeamSupervise the debtors and creditors clerk, including daily support, performance reviews and career planning.
GeneralAssist with preparation of budget models.
Managing UA account and preparing payment forecasts based on goods landed and due.
Weekly review of FEC and additional cover forecast based on statement and forecast inbound report. Monitor forward exchange contract expiry dates and notify CFO to extend/draw down.
Assist auditors with any queries arising in the audit.
Assist with any ad hoc duties!
ReportingPreparation of monthly management accounts including presentation and analysis of accounts to FM
Cash flow weekly template updates
Weekly sales tracker preparation and margin review
VAT return and liability reconciliation
VAT turnover reconciliation (month and period to date)
Sales system reconciliations - POS (Shopify and Cistech / new POS)
Fixed asset register maintenance and General Ledger reconciliation
Inventory valuation and reconciliation to General Ledger
Assisting FM in monthly provisions
FX provisions based on shipment update, discount provision, stock write off provision, etc
Payroll reconciliation SAGE to General Ledger (month and period to date)
Rental Commitment schedule update and General Ledger reconciliation
POS reconciliation – financial controller signing off on it daily.
Requirements
Relevant tertiary qualification (BCom or similar)
Exposure to articles
At least 3 years’ working experience within a retail or similar environment.
Knowledge of an accounting system – knowledge of SAP Business One would be advantageous.
Advanced knowledge of Excel
Able to handle large volumes of data
Analytical
Pressure resilient
Perks & Benefits
You get to work for a rapidly expanding distributor with aspirational brands
Gym & Shower facilities
Personal Trainer
Yoga
Pension Fund
Medical aid with Gap cover
Staff Allocation (R10 000 Retail Value per annum).
Staff discount (50% off for you and your family across all the brands within the group)
Healthy Lunch subsidy
Company performance incentive scheme
Long-service incentives
Holistic Employee Wellness programme
The group prides itself in its effort to drive continuous employee engagement activities to enable a connected culture.
Should you not be contacted regarding this position within 3 weeks from the closing date, please regard your application as unsuccessful.
