Financial Accountant – retail

Description:

Our client, a market leader in premium FMCG is seeking to employ a financial accountant to join their ever growing team. This role is for the bric and mortar division of the retailer Position Purpose
To ensure the Financial Accountant function is managed efficiently by:

• Ensuring all reconciliations for our Retail sector is managed timeously

• Supporting the Finance Department through the collection, processing, recording, reconciliation and reporting of financial data.

• Sifting through large amounts of information to quickly determine relevant facts and figures for decision making.

Key Responsibilities

• Build and maintain sound business relationship with:

• Fellow Finance Team

• Other departments and senior management; and

• 3rd Parties (SARS, auditors, consultants).

• Manage Retail Accounts Mailbox

• Ensure all Petty cash/Mall voucher and credit card expenses are valid and process to correct general ledger expense accounts and cost centers.

• Upload of HSBC Bank Statements into SAP

Clear outgoing and incoming bank clearing accounts on a weekly basis.

• Post prepayment expenses and prepare a monthly prepayments schedule and reconciliations.

• Ensure daily MICROS in store cash-up and end of day are done timeously and accurately.

• Weekly and monthly reconciling of MICROS actual banking to HSBC.

• Monthly preparation of Retail Reconciliations

Card to Bank, EFT, Netflorist, Payfast

• New Store Opening and Closing finance support

• Ensure SAP NNTS (Net Net Trade Sales) matches MICROS NNTS (Net Net Trade Sales) at all times.

• Retail Turnover Certificates – Preparation and Send out.

• Take full ownership of the following accounting functions:

• Fixed assets.

Depreciation
Update Monthly CAPEX report
Update monthly fixed asset register

• Prepayments booking, expensing and reconciliations

• Recurring Journals

• Display cost of goods sold (Display COGS)

• Prepare monthly VAT reconciliation and Vat audit documents.

• Prepare ad-hoc manual and retail invoices and purchase orders.

• Assist Financial Accounting Manager in compiling LICS (Lindt Internal Control System) Retail controls and self-assessments.

• Assist the Finance Team in forecasting, budgeting and month-end reporting process and any other ad-hoc requests in line with business requirements.

• Assist PWC at interim and year-end audit in accounts payable and operational expenditure.

• Any other ad-hoc requests by the Head of Corporate Finance

Skills and Competencies required

• 3 years’ experience in Financial Accounting environment required

• BS diploma or degree in Finance, Accounting or equivalent qualification

• Highly numerate with excellent analytical skills and attention to detail

• Previous experience gained within International FMCG environment advantageous

• Strong MS (Outlook, Excel, Word) skills

• SAP experience considered to be a distinctive advantage

Please email cv and package requirements to marlene@servicesolutions.co.za

Requirements:

• Ensuring all reconciliations for our Retail sector is managed timeously

• Supporting the Finance Department through the collection, processing, recording, reconciliation and reporting of financial data.

• Sifting through large amounts of information to quickly determine relevant facts and figures for decision making.

• Build and maintain sound business relationship with:

• Fellow Finance Team

• Other departments and senior management; and

• 3rd Parties (SARS, auditors, consultants).

• Manage Retail Accounts Mailbox

• Ensure all Petty cash/Mall voucher and credit card expenses are valid and process to correct general ledger expense accounts and cost centers.

• Upload of HSBC Bank Statements into SAP

• Post prepayment expenses and prepare a monthly prepayments schedule and reconciliations.

• Ensure daily MICROS in store cash-up and end of day are done timeously and accurately.

• Weekly and monthly reconciling of MICROS actual banking to HSBC.

• Monthly preparation of Retail Reconciliations

• New Store Opening and Closing finance support

• Ensure SAP NNTS (Net Net Trade Sales) matches MICROS NNTS (Net Net Trade Sales) at all times.

• Retail Turnover Certificates – Preparation and Send out.

• Take full ownership of the following accounting functions:

• Fixed assets.

• Prepayments booking, expensing and reconciliations

• Recurring Journals

• Display cost of goods sold (Display COGS)

• Prepare monthly VAT reconciliation and Vat audit documents.

• Prepare ad-hoc manual and retail invoices and purchase orders.

• Assist Financial Accounting Manager in compiling LICS (Lindt Internal Control System) Retail controls and self-assessments.

• Assist the Finance Team in forecasting, budgeting and month-end reporting process and any other ad-hoc requests in line with business requirements.

• Assist PWC at interim and year-end audit in accounts payable and operational expenditure.

• Any other ad-hoc requests by the Head of Corporate Finance

• 3 years’ experience in Financial Accounting environment required

• BS diploma or degree in Finance, Accounting or equivalent qualification

• Highly numerate with excellent analytical skills and attention to detail

• Previous experience gained within International FMCG environment advantageous

• Strong MS (Outlook, Excel, Word) skills

• SAP experience considered to be a distinctive advantage