Property Rental Accountant at Pick n Pay Stores Limited

• To conduct all IFRS16 property-related financial accounting and reporting processes in compliance with International Financial Reporting Standards (IFRS).
• The Property IFRS 16 Accountant ensures accurate recognition, measurement, and disclosure of leases and property assets in line with IFRS 16 and other related standards for PnP Retailers.
• Bachelor’s degree in accounting, Finance, or a related field.
• Professional qualification (CA, ACCA, CPA, or equivalent) preferred.
• 2+ years’ experience in financial accounting, experience in IFRS 16/property accounting preferred. 
• Strong understanding of IFRS 16, IAS 16, IAS 40, IFRS 13, and related standards.
• Proven experience in financial audits and reporting processes.
• Advanced proficiency in ERP/accounting systems (e.g., SAP, Oracle, or similar).
• Excellent analytical, communication, and stakeholder management skills.

IFRS Compliance & Financial Reporting

• Ensuring timely and accurate recording of lease-related transactions.
• Capture rental contracts  into the system and review for compliance with IFRS and company policies.
• Perform monthly reconciliations and checks for accuracy, completeness, and validity of property-related financial data.
• Investigate and resolve anomalies and accounting exceptions promptly.
• Ensure compliance with IFRS, company policies, and regulatory requirements in all property accounting processes.

Financial Planning, Analysis & Reporting

• Provide financial analysis and insights to divisional heads and senior management to support strategic and operational decisions.
• Monitor and report on financial performance against budgets and forecasts, highlighting key variances and trends.
• Prepare divisional budgets, forecasts, and periodic financial reports.
• Drive processes and controls that ensure the production of accurate, reliable, and credible divisional results.

Governance, Controls & Audit

• Maintain and regularly update the Property Accounting Policy Document, ensuring alignment with current IFRS standards.
• Adhere to internal controls and accounting procedures for property transactions.
• Liaise with external auditors to facilitate efficient reviews and timely resolution of audit queries. 
• Respond to ad hoc financial and accounting queries from internal and external stakeholders.

Collaboration

• Integrate seamlessly with the IFRS 16 accounting team, fostering a culture of accountability, accuracy, and continuous improvement.
• Drive cross-functional collaboration with finance, property, and operational teams to ensure data integrity and reporting consistency.

Competencies:

• Strong technical accounting knowledge (IFRS)
• Attention to detail and analytical rigour
• Clear and professional communication skills, both verbal and written 
• Ability to engage effectively with cross-functional teams and external stakeholders 
• Mature and constructive approach to conflict management and resolution 
• Ability to interpret and communicate complex financial data
• Process improvement and control-minded approach
• Strong stakeholder engagement and business partnering abilities