Accountant at TFG (The Foschini Group)

Job Description

• This role is responsible for reconciliations, reporting and overview of device rental product which is a strategic objective. Financial Accountant needs to comply with complicated IFRS standards for rental and provisioning, while tax rules differ to current status quo in TFG

Responsibilities

• Ownership of reporting and reconciliations for cellular rental product, inclusive of understanding of relevant IFRS standards and taxation implications
• Accurate and timely financial reporting at divisional and group level 
• Perform variance analysis against budget and prior periods and investigate deviations for management
• Support the preparation of management reports and dashboards for senior management
• Prepare annual budgets and periodic projections
• Maintain and update projections in response to changing conditions and performance trends
• Assist with preparation of exco packs and presentations. 
• Perform analyses to understand performance trends and performance against KPI’s 
• Monthly reconciliations
• Calculation of provision for bad debts
• Scenario Analysis and reporting of Ongoing Revenue
• Extensive liaison & communication with finance and other key management within the TFG group – cellular sold across various brands within TFG and is a component of their P&L’s

Qualifications

• B Comm or Similiar, CA(SA) (preferable) 
• 5+ years as an accountant 
• 1-2 years post article’s experience (preferable) 
• Excel Advanced (essential)
• Powerpoint Intermediate
• Understanding of Cellular rentals and Ongoing Revenue
• Budgeting and forecasting experience (preferable) 
• SAP and BPC experience (preferable) 
• Very good knowledge of financial accounting and finance processes 
• Very good understanding of accounting processes 

Skills: 

• Reconciliation and Analysis 
• Debt Management 
• Accounting and Reporting 
• Auditing 
• Cash Management 
• Financial Risk Management 
• Mergers and Acquisitions.  
• Excellent project management skills  
• Strong business communication skills with an ability to work well in a collaborative environment with senior executives  
• Ability to draft commentary, analyse information to establish key messages, present information both visually and written