Assistant Financial Accountant (Cape Town) at Truworths

Job Description    

• Your primary responsibility will be managing the fixed assets process, cost centre allocations and various balance sheet reconciliations. Working with the finance team with the monthly management accounts and interacting/assisting the business with various projects. In addition you will be required to close various areas for month-end, assist with year-end audits and ad hoc projects.

Key Responsibilities    
MONTH END, HALF YEAR AND YEAR-END

•  Execute month-end closure for fixed assets in the finance department;
•  Conduct and reconcile all entries related to fixed assets;
•  Develop budgets for the depreciation and amortisation of Property, Plant, and Equipment (PPE) and Intangible assets;
•  Ensure accurate accounting of opex vs capex invoices;
•  Generate a monthly fixed assets note, reconciled with the trial balance and fixed asset register for accounts preparation and external audits;
•  Lead EXP meetings to compare actuals against budgeted capex spend per project;
•  Take ownership of various balance sheet reconciliations, including accruals and other debtors;
•  Assume responsibility for P&L items, specifically managing and overseeing other operating costs and other income;
•  Oversee intercompany transactions and maintain the intercompany matrix monthly;
•  Allocate costs between cost centres and stores;
•  Input supplier bank details into the finance system;
•  Enter exchange rates into the finance system. Provide business support to business stakeholders;
•  Providing ad hoc reports where necessary;
•  Dealing with interim and year-end audit queries;
•  System testing involving new projects or initiatives across different software.

Qualifications and Experience    

•  Finance degree;
•  Part qualified ACCA or equivalent;
•  Minimum 3 year experience in finance;
•  Strong Excel skills;
•  Exposure to Oracle would be advantageous;
•  Previous experience of working in a fast paced multi-site retail environment would be useful.

Competencies    

•  Excellent attention to detail;
•  Strong numeric, organisational and interpersonal skills;
•  IT literate with experience gained in larger organisation with multiple platforms;
•  Ability to stay calm under pressure and meet strict deadlines;
•  Must be a flexible and adaptable person in terms of taking on responsibilities and covering for the work of others in the management accounts team when necessary;
•  Excellent communication and interpersonal skills with an ability to interact and gain respect and trust at all levels;
•  Proactive self-starter who thrives on being fully accountable for their work;
•  Strong initiative and ability to manage multiple projects to tight deadlines;
•  Must be detail-oriented with strong analytical skills whilst still being able to view the ‘Big Picture’;
•  Ability to work well with others and handle pressure and rapidly changing demands in a fast paced environment.