To manage the Stock Department and to deliver all the required accounting reconciliations, financial controls and management reports to ensure effective, accurate and complete reporting of stock.ResponsibilitiesImplement strategies in stock department to improve effective and financial processes relating to all stock.Accountability for the reconciliation of all relevant General Ledger accounts in accordance with IFRS and WW financial principles on a weekly and monthly basis.Responsible for ensuring accurate reconciliations of all Stock Accounts between RMS, BI and general ledger.Responsible for ensuring the clearing of all RMS Stock Clearing accounts through thorough understanding of all stock transactions in RMS.Responsible for ensuring the data integrity of all stock related transactions of the gross profit worksheet.Responsible for ensuring that stock integrity queries are clearly communicated to and resolved in conjunction with all relevant stakeholders (IT, Merchandise and Supply Chain).Ensure that Oracle sub-ledgers are compliant with the rigors of audit to substantiate values in the balance sheet.Responsible for checking the integrity of Stock reports between Data Warehouse, RMS and general ledger.Responsible for accurate stocktake results for stores and warehouses of Woolworths and stores of Africa.Responsible for ensuring the alignment of quantity stock at warehouses to RMS on a regular basis (at least twice a year).Responsible for ensuring the clearing of the unknown and error interface reports on a weekly basis.Responsible for the accuracy of all stock provisions by business unit (for example, stock in transit provision, Fashion, Beauty and Home shrinkage provisions, net realisable and stock aging provisions for both trade and non-trade).Responsible for ensuring accurate and complete reconciliations of all other stock accounts: for example, special occasions, On the Dot, Gift Card and fabric stock.Responsible for ensuring accurate and complete IFRS stock provisions on an actual basis.Responsible for ensuring accurate and complete IFRS stock provisions on a forecast basis.Prepare timeous management reporting in line with best practice on a weekly and monthly basis.Problem resolution including logging of all incidents and following through to ensure resolution.Comply with best practice internal controls and accounting practices, including implementing a system of Control Risk Self Assessment (CRSA).Accurately approve all journals and accruals on a timeous basis.Effectively manage and lead the stock department.Personal AttributesPersonal EffectivenessTeam leadershipPassion for the brand and customersThinking strategically and commerciallyDelivering high performanceHaving an accounting mind-setDriving qualityPlanning and organisingQualification and ExperienceB. Com or equivalent4 years management experience in an Accounting environment / ArticlesSound understanding of IFRS / WW Financial Principles and accounting processesProven competence in Excel and Oracle financial systems, reporting tools e.g. QlikviewApply accounting knowledge in a large, complex IT driven accounting environment and to process large volumes of financial transactions
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