Assistant Accountant - Banking (French Speaking) at Lovisa

KEY RESPONSIBILITIES:

Daily Banking and Reconciliations:

• Perform daily banking reconciliations and investigate discrepancies promptly.
• Monitor cash deposits and ensure they are accurately allocated and recorded.
• Work closely with the AP and Occupancy teams to track and reconcile payments make from bank accounts.

Weekly Reporting and Variance Analysis:

• Prepare weekly missed banking and cash variance reports for assigned countries.
• Provide commentary and context on cash variances for discussion with the Loss Prevention team.
• Collaborate with the retail operations and loss prevention teams to understand root cause and support resolution plans.

Month-End Accounting:

• Prepare and post journals for bank fees and interest income; Interbank transfers; store deposit variances; accruals for direct debits where invoices are not yet recorded.
• Support the month-end close process with timely submission of reconciliations and journals.
• Prepare monthly balance sheet reconciliations for Bank accounts, Gift voucher Liability accounts, Cash clearing accounts, Trade Creditors clearing accounts, Team expense claim clearing accounts and Cash advance accounts.
• Investigate and clear reconciling items in a timely manner, escalating as needed.

Meetings and Stakeholder Engagement:

• Attend weekly meeting with Loss Prevention and the Banking team.
• Present findings and updates for assigned countries, focusing on missed banking and cash variances.
• Collaborate across teams to ensure timely resolution of cash issues and prevent recurrences.

About you

• Tertiary qualification in Accounting, Finance, or related discipline (or currently studying)
• 1-3 years of experience in an accounting or assistant accountant role.
• Strong understanding of general ledger, banking transactions, and reconciliations.
• Proficient in Excel (lookups, pivot, reconciliation tools).
• High attention to detail and ability to meet deadlines.