Assistant Accountant - D&M at TFG (The Foschini Group)

Key Responsibilities: 

• Support with year-end procedures and reports;
• Populate journal templates and supporting documentation to submit to the Record to Report function within Shared Services;
• Perform sundry cost centre management activities;
• Perform business unit specific finance activities, or ad hoc finance activities requiring contact or physical interface with colleagues in the divisions;
• Process entries in Coupa, as and when required.
• Responsible for the accurate recording of Sales & Cost of sales for TFGA Design centre;
• Daily checks to ensure all deliveries are integrated into in to Sync, and that all related costs are included, (i.e. Fabric, CMT, trims, outwork and related costs);
• Analyse GP for out of line results and investigates with Merchandise Managers;
• Extracts the daily CMT charges due based on delivery, logs with Invoice to Cash Team; 
• Prepares weekly Turnover and costing by brand for reporting to Merchandise team;
• Prepares monthly reports to Merchandise Teams and Management;
• Prepares input for GL, Turnover and all cost of sales control accounts;
• Investigates all cancellations/ shortages for possible claims recoveries;
• Clears all cancelled and recalled orders for reporting and creating SAP entries
• Prepares the monthly breakdown of backcosting into waste buckets for review for potential reduction and recover;
• Analyses all non-retail sales and prepares reports with relevant GP analysis;
• Creates outwork/printing extract for review and records actual spend for variance reporting;
• Manages outwork flow to ensure feedback from Production team to drive process and reduce waste;
• Reviews WIP report for Fabric to assist with reducing Fabric that is unaccounted for;
• Drives Sync systems changes to support improved reporting;
• Liaise with the Invoice to Cash function within the Finance SSC to ensure all recharges to CMT’s are done.

Qualifications and Experience:

• National Diploma in Accounting or Degree in Financial/ Management Accounting 
• 2-3 years post qualification experience 
• Working experience with SAP, an advantage 
• Microsoft Excel experience at a moderate level
• Thorough Knowledge of Accounting procedures and principles   

Skills:

• Reconciliation and Analysis
• Accounting and Reporting
• Excellent communication skills
• Attention to detail