Assistant Financial Accountant job with Talent Genie | 13105474

Overview

Reference
Assistant Financial

Salary
ZAR/month

Job Location
- South Africa -- City of Cape Town -- Cape Town

Job Type
Permanent

Posted
12 March 2024

Our client is looking for an Assistant Financial Accountant to join their team. To ensure the accounting function is managed efficiently by ensuring reconciliations for our client's Retail business sector is managed on SAP and costs allocated to the correct general ledger expense accounts as well as managing and overseeing Finance processes such as Petty Cash, Cash to Bank, Card to Bank etc.

Responsibilities

• Build and maintain sound business relationships with:
• Fellow Finance Team (Credit Control, Accounting and Finance Manager)
• Other departments and senior management
• 3rd Parties (SARS, auditors, consultants)
• Manage Retail Accounts Mailbox
• Ensure all Petty cash and credit card expenses are valid and processed to correct general ledger expense accounts and cost centers
• Upload HSBC Bank Statements into SAP
• Post prepayment expenses and prepare a monthly prepayments schedule and reconciliations
• Expense monthly POS (Point of Sale) Display COGS as per Trade Marketing Tracker
• 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 (Cash to Bank, Card to Bank, EFT, Float, Netflorist, Mr D, Uber Eats, Vendors as directed by the financial accountant and financial manager)
• Cash collection administration for Retail Stores as applicable
• New Store Opening and Closing finance support
• Ensure SAP NNTS (Net Net Trade Sales) matches MICROS NNTS (Net Net Trade Sales) at all times
• Prepare and send out Retail Turnover Certificates
• Verify and post monthly Retail Petty Cash Claims
• Post and reconcile monthly Rental invoices - IFRS 16 Schedule
• 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)
• Clear outgoing and incoming bank clearing accounts on a weekly basis
• Prepare monthly VAT reconciliation and VAT audit documents
• Prepare ad-hoc manual and retail invoices and purchase orders
• Assist Finance Manager in compiling Internal Control System Retail controls and self-assessments
• Assist the Finance Manager and Financial Accountant in forecasting, budgeting, and month-end reporting process and any other ad-hoc requests
• Assist PWC at interim and year-end audit in accounts payable and operational expenditure
• Assist CFO, Finance Manager, Financial Accountant, Supply Chain Manager, and Planner on a daily basis with any ad-hoc work that arises
• Model the financial impact of initiatives and make appropriate recommendations
• Maintain and reconcile the retail rental tracker

• Excellent interpersonal and communication skills
• Ability to work under pressure
• Reliable, loyal, trustworthy, honest
• Attention to detail
• Good organizational skills with the ability to work both independently and as part of a team whilst prioritizing workload

• 2 years' experience in Financial Accounting environment advantageous
• BS diploma or degree in Finance, Accounting, Business Administration or equivalent qualification
• Strong Excel skills
• 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