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  • Posted: Oct 30, 2020
    Deadline: Not specified
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    Paycorp is today a leading provider of payment solutions in developing economies. And while entrepreneurship is still in our blood, our years of experience make us a highly credible and trusted brand in the payments industry. Operating in twelve countries and employing over 500 people, the spirit of our company is all about having fun, making money and do...
    Read more about this company


    Operations Accountant

    The responsibilities of the position include:

    Budget Management

    • Assist with annual budget preparations for the Operations Department
    • Assist Finance and stakeholders to prepare annual Capex budgets
    • Submit final "preliminary" annual budgets to Warehouse & Distribution Manager
    • Review all Operations Departments' monthly and YTD budget expenditure and rectify any discrepancies in conjunction with Finance - within SLA
    • Discuss overspend on all GL accounts with respective Managers and agree plan of action to rectify, and report on all high overspend events

    Spend Management

    • Investigate / identify cost savings opportunities on a continuous basis - in conjunction with departmental cost centre owners
    • Provide monthly overtime cost actual vs budget comparison with reasons / motivations from respective Managers / cost centre owners if overspend
    • Provide monthly CAPEX actual spend vs budget report. Highlight discrepancies / overspend and submit action plan to rectify
    • Approve all Capex spend in advance
    • Prepare and submit new installations cost tracking spreadsheet, installation type average cost, and maintenance provision spreadsheet


    • Assist Operations Director and Procurement Manager to drive adherence / compliance to the Procurement Policy and Procedures
    • Review and maintain SLA between Operations and Finance – annually
    • Compile / review physical stock management and stock balancing procedures in conjunction with the Warehouse Manager and Inventory Management Specialist annually
    • Assist Warehouse & Distribution Manager to review / update WHMOP regularly

    Accounts Payable

    • Pre-approve Operations Opex spend to your limit (budget provision)
    • Sign off all Operations creditors' payments for accuracy (price, quantity, quality and PO) and legitimacy
    • Adhere to all SLA requirements, especially w.r.t. submissions for payment, etc.
    • Resolve all long outstanding payment queries in conjunction with Finance timeously

    Inventory Management

    • Assist Inventory Management Specialist to plan, prepare and execute monthly stock counting requirements unfailingly
    • Investigate material stock counting discrepancies (surpluses & shortages) and record reasons
    • Agree, capture and accept discrepancies on Inventory Management System (adjustments)
    • Submit full stock reconciliation (100%) to Operations Director for sign-off
    • Submit fully signed off stock reconciliation to Finance monthly
    • Ensure all spares receipts are captured timeously
    • Assist Warehouse & Distribution Manager and Logistics Manager to reconcile physical ATM stock per serial number and submit to Finance – monthly

    Tool of Trade

    • Manage entire Paycorp Fleet
    • Formulate processes and procedures
    • Manage fines process
    • Manage Stannic card on-boarding and off-boarding
    • Manage Stannic billing
    • Manage Vodacom and MTN company contract
    • Field Service Administration
    • Analyise  spend vs budget and raise areas of concern with relevant Manager, escalating when necessary

    In order to be considered for the position, the following requirements must be met:

    • Matric
    • Completed financial Degree
    • Min 2 to 4 years’ experience in an Accountant role
    • Budgeting experience will be an advantage
    • Warehouse and Stock Management experience will be an advantage
    • Must be proficient in MS Office especially Advanced Excel
    • Financial systems experience, preferably with Inventory Management

    Behavioral Competencies:

    • Planning & Organising
    • Communication & Impact
    • Customer Focus
    • Problem-solving
    • Initiating Action
    • Contributing to Team Success
    • Coping with stress / change
    • Work Standards
    • Passion & Attitude
    • Continuous Learning
    • Industry and Business Knowledge
    • Driving for Results
    • Adaptability

    Method of Application

    Interested and qualified? Go to Paycorp Holdings on to apply

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