Accountant at Shoprite Group of Companies

Job Objectives

• Financial Reporting: Prepare & present monthly, quarterly & annual financial statements, incl. balance sheets, profit & loss statements & cash flow statements. 
• Ensure accuracy &compliance with accounting standards.  
• Inventory Management: Monitor & reconcile inventory records to maintain accuracy. 
• Conduct regular audits to identify and resolve discrepancies.  
• Accounts Payable & Receivable: Oversee the accounts payable & receivable processes, incl. invoicing, payments & collections. 
• Ensure timely & accurate transaction processing.  
• Budgeting & Forecasting: Assist in preparing & monitoring store budgets. Analyze financial performance & provide forecasts to support business planning.  
• Compliance & Audits: Ensure compliance with financial regulations & internal policies. Coordinate with auditors and act on recommendations.  
• Financial Analysis: Perform financial analysis to identify trends, variances & opportunities for cost savings. Provide actionable insights to store management based on analysis.  
• Record Keeping: Maintain accurate financial records and ensure proper documentation. File & manage records of financial transactions & reports.  
• Communication & Coordination: Collaborate with store management & other departments to address financial issues. Communicate effectively with vendors, customers & auditors. 

Qualifications

• Essential: Bachelor's degree in accounting, Finance, or  related field. 

Experience

• 3 - 5 years experience in financial or management accounting role (preferably in a retail/distribution centre environment)