Job Description: Responsibilities & Requirements
Job Advert Summary
- To ensure overall compliance in terms of International Financial reporting standards to mitigate the risk of an adverse or qualified audit report.
Duties & Responsibilities
- Prepare IFRS 16 reports, budgets and inputs and ensure the adequacy and compliance of IFRS and relevant legislation
- Post monthly IFRS16 valuations on SAP REFX,
- Prepare monthly excel valuations for contracts not on SAP REFX,
- Prepare BPC journal template for group finance in order to post contracts calculated manually on a monthly basis
- Continually drive best-in-class solutions and practices
- Monthly recons, variance report and commentary prepared per contract,
- Monthly disclosure prepared for group Finance consolidated reporting
- Bi-annual disclosure prepared to be included in the group AFS at interim and full year
- Liaise with auditors and clear any outstanding audit queries relating to IFRS 16 and Inventory
- Support implementation of accounting models for Supply Chain reporting
- Support development and automation of reports
- Submit budget template to group finance including a comparison to PY with commentary
- Update BPP with IFRS 16 budget
- Prepare Retail inventory policy documents for interim and full-year reporting
- Send out a timeline to all stakeholders for inputs and reconcile each report received to the Balance sheet (BPP reports)
- Assist with weekly reporting of Stock on Hand and Days cover to group finance and Retail Executive
- Assist with the preparation of stock provisions in terms of IFRS and relevant legislation
- Support the review and ensure that inventory reporting complies with IFRS and company policy
- Assist with reporting on inventory to Group Finance/Treasury
- Assist with queries from the Finance department, internal auditors and external auditors
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Minimum Requirements
- Hons BCompt at CTA level or equivalent qualification with completed SAICA articles - (essential)
- Qualified Chartered Accountant (CA(SA)) (preferred)
- Proven and consistent success on financial KPI’s
- Knowledge of DC operations is an added advantage
- Retail experience will be added advantage
- SAP knowledge and SAP Real Estate will be an added advantage
- Advanced computer literacy (Excel & Powerpoint)
- Must be able to work within a matrix structure, gaining buy in and support across a number of functions
- Keep abreast of IFRS legislation
Competencies
- Commercial and Financial Acumen including strong analytical skills and the ability to interpret data
- Ethical Practices
- Numerical Reasoning
- Judgement and Decision Making
- Attention to detail
- Business Insights
- Good Presentation skills
- Excellent Communications skills (Verbal and Written)
- Good Negotiation and Influencing skills
- Team Orientation and strong Leadership skills
- Results Orientated with a sense of urgency
- Additional Information
- Competency-based interview to assess the above requirements and competencies