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  • Posted: Apr 4, 2022
    Deadline: Not specified
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    The Shoprite Group of Companies, comprising several iconic brands, is the largest retailer in Africa. It started out as a group of eight grocery stores in 1979, and has grown into a technologically-advanced, continent-wide business selling items from food, liquor and medicine, to concert tickets and furniture. Today the Group is at the forefront of retail...
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    Accountant: Buying

    Purpose of the Job    
    In the role of Buying Accountant, your portfolio leverages your specialised tactical knowledge within Supermarkets Divisional Buying as a key success factor in providing support to a variety of financial, operational, and project scenarios. Core to this role is the execution of daily, weekly, monthly and annual account reconciliation and reporting activities related to all Supermarkets Divisional Buying transactions. The team will look to you for accurate financial execution, process refinements, and collaborative integration guidance to ensure that an accurate, high quality of ongoing Supermarkets Divisional Buying support and performance is maintained.

    Job Objectives    

    • Accurately capture, calculate and record trading terms and ensure monies are timeously collected and allocated.
    • Manage and control the collecting of promotional funding and advertising recoupment.
    • Track, coordinate and monitor all condition contracts, ensuring the respective team members comply with accurate capturing of contract types, profit center allocation, date ranges and conditions, timeously executed and errors identified and referred for processing and resolution.
    • Maintain and communicate list of swell suppliers.
    • Execute swell income vs wastage reporting into the operational teams.
    • Prepare for monthly financial meetings and execute all related reporting requirements.
    • Track and report on all financial performance measurements including sales, GP, advertising recoupment and promotional funding.
    • Perform promotional profitability analyses across the various supermarket banners.
    • Perform data driven analyses of operational matters that have financial impact on the business.
    • Build forecast models on new ways of negotiating and returns achievable to assist the buying team members.
    • Develop and maintain a spend tracker to monitor income from suppliers.
    • Develop and execute processes to monitor and recover uncollected monies.
    • Support Divisional Managers with reporting and analysis as and when required.
    • Responsible for financial processes in the buying team related to condition contracts, trading terms and pricing claims.
    • Manage and maintain related shared documents and access on shared drives.
    • Support buying and marketing teams in the execution of all financial related processes and responsibilities.
    • Engage with various and multiple stakeholders (both financial and operational) across the business to ensure alignment on execution and business requirements.
    • Support the Head Buyer with driving and maintaining corporate governance of contracts, resolutions and authorisations.

    Qualifications    

    • BCom in Finance, Accounting, or equivalent

    Experience    

    • Relevant experience in a finance orientated, accounting or similar role.  

    Knowledge and Skills    

    • Strong knowledge and application of accounting package systems and software (e.g., SAP, Pastel).
    • Proficiency in MS Office 365 with an advanced level of Excel skill – (essential).

    Closing Date: 15th, April 2022

    Method of Application

    Interested and qualified? Go to Shoprite Group of Companies on shoprite.erecruit.co to apply

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