Financial Accountant at Shoprite Group of Companies

Purpose of the Job    

• To ensure accuracy and completeness of general ledger posting; compliance of financial statements with international financial reporting standards, as well as the regulatory requirements on a daily, monthly and annual basis.

Job Objectives    

Financial Audit Management

• Communicate with the group accountant on a regular basis to timely delivery of Group information.
• Communicate with accountants in the African countries to ensure timely and accurate completion of financial transactions to external auditors.
• Ensure accountants submit financial statements and tax amendments in a timely manner to ensure tax specialists receive it on time.
• Communicate external auditor requirements with the divisional managers to promote timely delivery of information.

Financial Statement Preparation

• Ensure all countries are compliant with International Financial Reporting
• Standards (IFRS) where applicable.
• Audit and check financial statements from Namibia to ensure their accuracy.
• Ensure timely completion of financial statements by setting appropriate dates in alignment with tax returns.

Financial Month End Accuracy Procedures

• Review income statements for allocated African countries on a monthly basis.
• Review balance sheet reconciliations and file and record for balance sheet purposes.
• Calculate and post of certain adjustments
• Ensure statistical fields are completed and check and compare on a monthly basis.
• Control financial and management ledger closing every second Thursday after the last day of the month.

Schedules Submission

• Submit relevant Group (Supermarkets) reporting information to Group Accountant.
• Perform calculations, analysis and general ledger submissions for group reporting schedules.
• Balance intercompany accounts on a monthly basis.
• Ensure correct allocation of expense items and internal and external classification of financial postings for financial management purposes.

Reporting

• Prepare monthly Non RSA return on investment report for board of directors.
• Manage provisions versus actual charges and prepare duties and local charges report.

Payments

• Ensure that payments equal documentation.
• Manage the releasing of payments via online the platform.

Qualifications    

Essential

• BTech Diploma Accounting (BCOM Accounting, advantageous) 

PROFESSIONAL REGISTRATION/MEMBERSHIP

• N/A

Experience    

Essential

• Management Skills
• Communication Skills

Desirable

• Retail experience (1-2  years)

Knowledge and Skills    

Desirable

• Retail experience (1-2 years)
• Business Planning & Consolidation (BPC) (1-2 years)
• SAP

Essentials Job Related Skills

• Microsoft Office – Excel specifically Advanced 
• Drivers Licence

Desirable

• Management Skills (1-2 years)
• Project Management Skills - basic (1-2 years)

Closing Date    

• 2026/02/03