Assistant Accountant: IT - Shoprite Group

The purpose of the Assistant Accountant role is to execute financial administrative functions including all processes relating to Swell Allowance policies and practices within the Buying function. The role supports process efficiency and improvement through the effective reconciliation of accounts, creation and submission of billing and invoices, preparation of financial data, statements and reports and maintenance of financial documentation and records.

The role requires a meticulous individual with well-developed organisational skills and the ability to provide?excellent financial administrative support to ensure commercial targets are met. The role is particularly well suited to a Commerce or Financial graduate with a keen interest in growing their commercial acumen in a dynamic retail environment.

Job Category: IT

Job Objectives

• Perform reconciliations between various systems, ensuring all swell allowance credits, volume rebates and special promotional rebates are balanced and processed for credits and/or payments.
• Accurately process invoices and billings and ensure required authorisations are obtained.
• Collect, update and maintain data that forms part of the billing process.
• Maintain a consolidated list of swell suppliers and communicate to key stakeholders.
• Run wastage figures and reports including swell vs wastage comparisons to enable the management team to identify opportunities and make sound business decisions.
• Communicate with suppliers on expenses or payments and timeously resolve all related queries.
• Consolidate and prepare finance and account reconciliation data and reports within specified standards and distribute to relevant stakeholders.
• Verify discrepancies on reconciliations and resolve reconciling items.
• Work with IT to streamline reporting efficiencies and improvements.
• Support auditing processes through the preparation of standard reports and data.
• Update and maintain all related financial data, records and files as per company policies ensuring accuracy and integrity of information is maintained.

Qualifications

• Degree or National Diploma in Finance, Accounting or a related field – (essential)

Experience

• +2 years’ experience in a similar capacity or role, processing and executing financial administrative, reconciliation and reporting activities in a corporate or retail environment – (essential)

Knowledge and Skills

• Well-developed knowledge and understanding of financial and accounting concepts and principles – (essential)
• Proficiency in MS Office 365 with intermediate Excel skills to prepare detailed spreadsheets using formulas – (essential)
• Motivated self-starter with personal energy and drive.
• Quick learner - Rapidly learns new tasks relevant to own job and quickly commits information to memory. Rapid understanding of newly presented information and applies it to own role.
• Analytical thinker – Demonstrates ability to understand and integrate data from various sources to come to sound conclusions.
• Detailed & rule-orientated - Follows procedures, vigilantly watches over work processes, tasks and outputs to ensure accuracy and initiates action to correct any quality or data integrity concerns.
• Organised -Plans and organises own work effectively and delivers against deadlines?and quality standards. Focuses personal efforts on achieving results aligned to organisational objectives.
• Able to work under pressure while prioritising under tight time constraints.
• Communication skills – Good spoken and written fluency in English along with the ability to convey information and data clearly, accurately and succinctly.
• Team player and collaborative partner - Builds meaningful and sound relationships both internally and externally. Manages supplier expectations well.

The role supports process efficiency and improvement through the effective reconciliation of accounts, creation and submission of billing and invoices, preparation of financial data, statements and reports and maintenance of financial documentation and records.

The role requires a meticulous individual with well-developed organisational skills and the ability to provide excellent financial administrative support to ensure commercial targets are met. The role is particularly well suited to a Commerce or Financial graduate with a keen interest in growing their commercial acumen in a dynamic retail environment.