Assistant Accountant at Shoprite Group of Companies

Purpose of the Job    
The purpose of the Assistant Accountant role is to execute financial administrative functions including all processes relating to Swell Allowance policies and practices within the Buying function. The role supports process efficiency and improvement through the effective reconciliation of accounts, creation and submission of billing and invoices, preparation of financial data, statements and reports and maintenance of financial documentation and records. The role requires a meticulous individual with well-developed organisational skills and the ability to provide excellent financial administrative support to ensure commercial targets are met. The role is particularly well suited to a Commerce or Financial graduate with a keen interest in growing their commercial acumen in a dynamic retail environment.

Job Objectives    

• Perform reconciliations between various systems, ensuring all swell allowance credits, volume rebates and special promotional rebates are balanced and processed for credits and/or payments.
• Accurately process invoices and billings and ensure required authorisations are obtained.
• Collect, update and maintain data that forms part of the billing process.
• Maintain a consolidated list of swell suppliers and communicate to key stakeholders.
• Run wastage figures and reports including swell vs wastage comparisons to enable the management team to identify opportunities and make sound business decisions.
• Communicate with suppliers on expenses or payments and timeously resolve all related queries.
• Consolidate and prepare finance and account reconciliation data and reports within specified standards and distribute to relevant stakeholders.
• Verify discrepancies on reconciliations and resolve reconciling items.
• Work with IT to streamline reporting efficiencies and improvements.
• Support auditing processes through the preparation of standard reports and data.
• Update and maintain all related financial data, records and files as per company policies ensuring accuracy and integrity of information is maintained.

Qualifications    

• Degree or National Diploma in Finance, Accounting or a related field – (essential).

Experience    

• 2+ years experience in a similar capacity or role, processing and executing financial administrative, reconciliation and reporting activities in a corporate or retail environment – (essential).

Knowledge and Skills    

• Well-developed knowledge and understanding of financial and accounting concepts and principles – (essential).
• Proficiency in MS Office 365 with intermediate Excel skills to prepare detailed spreadsheets using formulas – (essential).

Closing Date: 5th, April 2022