Accountant at Motus Aftermarket Parts

Job Description

A successful candidate will be accountable for the administrative and financial management operations of the division of MAP Retail, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. Provide support to branches and area staff on financial matters and thereafter generate and review management accounts. Also ensures that a branch policies, controls and guidelines comply with company procedures. Prepare and review annual budgets and ensure compliance thereafter.

 QUALIFICATIONS AND EXPERIENCE

• BCom or BCom Honors degree
• 5-10 years of progressively responsible experience for a major company or division of a medium-large corporation.
• Proven track record managing a large team hands-on.
• Experience in partnering with an executive team

KNOWLEDGE SKILLS AND ABILITIES

• Must have actively managed and assisted staff.
• Must be able to work independently and alongside the teams.
• Financial acumen.
• Excellent communication skills, both written and verbal.
• Organizational skills, computer literacy with experience in word processing and accounting programs.
• Administrative, Analytical, Managerial.

Key Accountabilities:

Operations

• Manage the Group’s cash accounts.  Implement controls and processes to ensure bank recons are performed daily and are current. Review the bank recons and ensure items are all current and all old items are resolved.
  • Maintain relations with all MAP Retail branch accountants,
  • Ensure the necessary controls and procedures are implemented to ensure accurate MAP Retail management accounts.
  • Continuously manage MAP Retail branch petty cash, ensuring compliance to best practice.
  • Oversee branch MAP Retail day end processes, ensuring compliance with the BSOP.
  • GLP570 – Day end (check notification accounts – balance GL to report balances
  • Trade debtors/creditors/inventory/suspense account/cash on hand/cash sales/out of balance/parts penalty/parts write up
  • Day end variances/Price differences
  • Investigate and clear difference and variances
  • Maintain journal register
  • Maintain buyout control account
• Monitor the Parts Receipts Suspense Account & escalate to Manager
  • Implement necessary resourcing and training, ensuring the MAP Retail finance department is sufficiently resourced to ensure accurate and timeous reporting of financial results.
  • Succession planning within the MAP Retail finance team.
  • Oversee external audit processes relating to MAP finances and Group debtors.
  • Implement operational best practices.

Financial Information

• Issue accurate MAP Retail management accounts monthly within agreed reporting timelines.
• Report financial results to the MAP Exco.
• Provide ad-hoc reports to the MAO Retail Executive as and when required.
• Oversee monthly balance sheet recons for all MAP Retail branches; ensuring reported information is accurate and complete.
• Manage and input the MAP Retail budget process.

Third Parties

• External Audit.
• Internal Audit