Accountant at Shoprite Group of Companies

Purpose of the Job    

• Perform account reconciliations to ensure that records match up with bank statements and internal systems. VAT reconciliations.  
• Analyse cost structures and provide cost-effective solutions to optimize expenses.  
• Ensure compliance with all tax regulations and laws, including VAT, sales tax, and corporate taxes.  
• Calculate the costs associated with inventory management and help optimize supply chain expenses.  
• Monitor key performance indicators (KPIs) to evaluate business performance.  
• Work closely with senior management on strategic financial planning and analysis.  
• Assist in budgeting processes and financial forecasting for future operational needs.

Job Objectives    

• Provide support and actively participate in all Financial Services projects and operational support related activities including but not limited to: account reconciliations and resolution of in-store financial services transactional activities, finops guidance and general project support.  
• Ensure the accurate and timeous delivery of management report inputs. Prepare daily, weekly and monthly financial transactional information as required and ensure compliant data storage and accessibility for future reference: reporting, customer request, audit etc   
• Provide support during the implementation and streamlining of finance systems and procedures through automation, control implementation and monitoring.  
• Participate in various Financial Services projects generally. Act as a financial services participant.  
• Maintain relationships with the various divisions and other stakeholders (divisions, store managers etc).   
• Effectively partake and give feedback in meetings with various stakeholders in the financial services area with both internal and external parties.  
• Prepare communication and provide support to store management regarding various in-store queries and controls and provide them with the necessary guidance to ensure a smooth in-store transactional experience.  
• Work closely with the audit function to ensure that all risks and related areas of reconciliations are identified for audit purposes - at an in-store, Divisional and Head Office level. Communicate with, participate in and support all audit activities and closing of findings etc  
• Synthesize and communicate project and business issues on an on-going basis, support the team with the group’s awareness of major business and Financial Services issues, and help to prevent escalations, where possible.  
• Actively share insights and information with relevant stakeholders - Act as a financial services knowledge resource for functional teams and provide knowledge transfer to team members as necessarry 

Qualifications    

• BCom Finance, Commercial or equivalent - (essential)

Experience    

• 1-3 years relevant experience in the Financial Services industry: operational process level in-store transactional activities and account reconciliations at a group level with IFRS, Tax and VAT knowledge - (essential).   
• Exposure to and an understanding of Corporate, Retail, and/or Customer interfacing environment in a similar role (non sector specific) - (preferred).  
• Solid Advanced Excel, Accounting package exposure (like SAP, etc.) - (essential).  
• Exposure to SAP - (preferred) 

Knowledge and Skills    

• Knowledge of accounting software (Spreadsheets - Excel, SAP,).  
• Strong analytical abilities to interpret data and make recommendations.  
• High level of accuracy in financial reporting and record-keeping.  
• Ability to explain complex financial information clearly to non-financial stakeholders.  
• Tax regulations (Lesotho VAT) and Lesotho levies. 

Closing Date    

• 2025/11/05