Property Rental Accountant at Pick n Pay Stores Limited

Minimum Requirements

• Bachelor/Bcom degree in finance
• 2 -3 years experience in a similar role
• Completed SAICA training
• Financial reporting experience
• Strong Excel skills
• Strong interpersonal collaborative skills
• SAP Real Estate experience beneficial
• IFRS16 calculations and accounting experience advantages

Competencies

• Take ownership/ responsibility for tasks
• Highly ethical and honest
• Good communications skills – internally and externally
• Knowledge of relevant accounting standards – IFRS16 specifically
• Problem solver
• Able to work under pressure
• Good analytical and reconciliation skills

Key Responsibilities

NON-IFRS16 AND OTHER RENT REPORTING

• Ensure that all accounting for property rentals completed accurately in line with reporting deadlines
• Maintain rental income straight-line calculations
• Ensure that rental income straight-line accounting is completed accurately in line with reporting deadlines
• Ensure the rent budgeting is completed on time
• Ensure rent recons are performed on landlord vendor accounts
• Ensure monthly rent accruals are done timeously and accurately
• Complete monthly reporting schedules on rent, for the management accounts packs
• Adequately and timeously deal with queries from external (vendors, franchisees) and internal (regional accountants, finance team) parties.
• Follow up on and resolve, accounts in debit and credit

IFRS16 REPORTING – WORK WITH IFRS16 ACCOUNTANT TO ACHIEVE THE FOLLOWING

• Maintain complete and accurate IFRS16 valuations for all property leases either based on systematic (SAP REFX) or manual (Excel) calculations as required
• Ensure IFRS16 GL accounting for all property leases is completed accurately and on time in line with reporting deadlines
• Perform all required GL account reconciliations monthly
• Critically analyse the IFRS16 result monthly and explain variances
• Prepare monthly IFRS16 reporting packs and document commentary
• Supply accurate IFRS16 AFS disclosure to the Group Reporting team
• Ensure the IFRS16 budgeting is completed on time and forecasting done as required
• Resolve all property lease IFRS16 audit queries

AD HOC

• Implementing best practice accounting policies and operational accounting implementation to enforce the adequacy and compliance of accounting provisions in terms of IFRS and relevant legislation
• Assist with ad hoc tasks as and when required

Closing date: 14 July 2025