Performance Reporting Accountant at Shoprite Group of Companies

Purpose of the Job

• The purpose of the Performance Reporting Accountant is to support the CFO and contribute to the effective performance reporting of the Group's financial results to various stakeholders, including the Board, Executive team, key stakeholders, and other business units.
• This role plays a vital role within the Finance department, reporting to the Projects and Performance Reporting Lead and supporting various ad-hoc projects, stakeholders and the remuneration teams with report writing and financial queries.
• The role requires a strong grasp of financial analysis, data preparation, and report writing skills to ensure accurate and timely communication of financial information.

Job Objectives

Role Description:

Provide support to the CFO:

• Assist the Chief Financial Officer with ad-hoc requests and financial analysis.
• Provide financial analysis to support the CFO in various financial discussions and decision-making process.
• Support the CFO to prepare presentations for various stakeholders (i.e., executive board, minister of finance, etc).

Reporting: (Monthly Performance, Integrated Report, Financial Report, Analyst Presentation, Financial Analysis)

• Prepare and present the Group's financial results to the Executive team, Chairman of the Board, and the Exec Board monthly.
• Conduct thorough analysis of Group financial results, including ratio analysis and performance measurements.
• Engage with other business units on any reporting queries from the CFO.
• Prepare and review financial reports for various committees, including the Audit and Risk committee, Investment committee, Remuneration committee, Executive Board, etc.
• Draft and review Stock Exchange News Service (SENS) announcements, including operational updates and results commentary.
• Prepare financial data and review the integrated report, contributing to comprehensive and transparent reporting.
• Conduct financial analysis to support discussions with investors, addressing their inquiries and presenting financial information in a meaningful manner.
• Assist in the bi-annual preparation of the financial section of the analyst presentation, ensuring accurate financial data and analysis for publication.
• Engage with the Strategy and Innovation team to deliver the Analyst Presentation.

Process Improvement:

• Identify and implement process improvements related to financial information availability and decision-making.
• Streamline financial reporting processes and enhance the efficiency of data preparation.

Key Ratio Calculation:

• Calculate key financial ratios such as Weighted Average Cost of Capital (WACC), Return on Invested Capital (ROIC), etc.
• Maintain Group Key Ratio File.

Remuneration Team Support:

• Assist the Remuneration team in calculating Short-Term Incentive (STI) and Long-Term Incentive (LTI) vesting against performance targets.
• Assist the Remuneration team with any other report writing and financial queries.

Ad Hoc Financial Projects:

• Participate in ad hoc financial projects as required by the Projects and Performance Reporting Lead or the CFO.

Qualifications:

• Bachelor’s degree in finance, Accounting - (essential)
• Professional qualification such as CA (SA) – (beneficial).

Experience:

• 4 years’ experience within the accounting profession, or similar - (essential)
• Experience in financial reporting, analysis, and performance measurement within a corporate environment – (essential)
• Strong proficiency in report writing and Microsoft PowerPoint for effective presentation and communication – (essential)
• Experience working with SAP and BPC software for financial data analysis and reporting - (advantageous).
• Strong proficiency in PowerPoint and Microsoft Excel - (essential).

Knowledge and Skills

Key Competencies and Work Ethic:

• Strong financial, accounting and report writing expertise with a curiosity to research best practices along with an ongoing learning mindset. Able to produce well-structured and comprehensive financial reports.
• Self-motivated and driven with strong integrity - Takes accountability for actions and mistakes.
• Independent problem solver and analytical thinker – Able to work with and analyse relatively complex financial concepts and calculations. Applies analytical thinking and attention to detail to come to sound and accurate conclusions.
• Writing and reporting skills – Sound reporting skills and able to communicate effectively in writing while being able to explain and clarify financial concepts to a range of stakeholders accurately and succinctly.
• Meticulous attention to detail and accuracy in financial data analysis. Possesses a keen eye for accuracy and precision in financial analysis.
• Team player and collaborative partner – Builds strong Is open, honest and direct and comfortable giving and receiving feedback. Thinks and acts independently as well as collaboratively.
• Operational efficiency – Someone who can spread themselves across multiple tasks simultaneously by working smartly, efficiently and effectively. Diligently staying on top of the details and understanding how they fit into the big picture.
• Time management - Ability to prioritise a high volume of activities simultaneously in an unpredictable environment.
• Adapting and responding to change - Able to work under pressure and in a fast paced, changing environment, whilst prioritizing tasks, and meeting tight deadlines.
• Communication skills - Strong verbal and written communication skills to effectively convey financial information and analysis, whilst being approachable with good listening skills and applying a range of communication styles to facilitate successful outcomes within the team and cross-functionally.
• Demonstrates a high level of confidentiality and ethical conduct when handling sensitive financial information. Handles sensitive financial information with the utmost confidentiality and professionalism.

Closing Date

• 2026/01/04