Financial Accountant (Group external reporting) - Kenilworth at Pick n Pay Stores Limited

Job Advert Summary    

• Key deliverables include providing direct support to the Financial Manager (Group external reporting) and Head of Finance, in meeting key Group external reporting objectives.
• The Junior financial accountant (Group external reporting) drives innovation in the financial reporting landscape, whilst ensuring technical and regulatory compliance and ensuring strict adherence to reporting timelines. New regulatory requirements are analysed timeously to ensure that systems and processes across the Group (including all subsidiaries) are adjusted to assist in easy implementation of new compliance requirements.

Minimum Requirements    

• CA(SA) – newly qualified, or in final year of studying towards CA(SA) qualification
• Management accounting experience advantageous
• Financial and tax regulatory experience advantageous
• PowerPoint experience
• Microsoft Excel intermediate
• BPP / SAP advantageous

Duties & Responsibilities    

• Completion of statutory AFS for all Group legal entities, in collaboration with relevant CA trainees incorporating the following:
• Ensuring Legal entity financials are signed off within the appropriate timeframe
• Maintaining and continuously enhancing the statutory AFS compilation process, incorporating efficiencies in use of relevant systems (BPP, Wdesk, SAP etc.)
• Audit: Incorporating processes that drives efficiencies in the audit process of legal entity AFS
• Automation: Driving automation of relevant sub-processes with the objective of delivering efficiencies, including building the road map for the automation of statutory AFS processes in BPP
• Providing direct support and driving to completion the redesign of the bi-annual legal entity forecast compilation process, incorporating the following:
• BPP Financial Reporting Platform: Building statutory AFS templates on BPP
• Automation: Driving automation of relevant sub-processes with the objective of delivering efficiencies
• Maintaining and enhancing the bi-annual forecast process
• Establishing a timeline for annual and interim forecast processes, incorporating all necessary BPP steps and review times with the Financial Manager (Group external reporting), Head of Finance and Chief Finance Officer (CFO
• Providing direct support and driving to completion the redesign of Statistics SA submissions (monthly, quarterly and annually), incorporating the BPP reporting platform and efficiencies
• Re-organising and automating BPP journals and the BPP monthly journal reconciliation, ensuring that the objective of efficiencies is kept front of mind
• Providing direct support to the Financial Manager (Group external reporting), Head of Finance and CFO with the annual and interim reporting processes, including the compilation of the suite of Group Financial Publications, in collaboration with relevant CA trainees
• Providing direct support to the external audit process, including technical engagements and assisting divisions in implementing efficiencies and maintaining a clear year-end audit
• Providing direct support in simplifying the legal entity structure of the Pick n Pay Group of Companies, including driving to completion the deregistration of dormant entities
• Informing CA’s throughout the Group of technical updates in co-ordination with the SAICA training officer, assist with IFRS or other regulatory interpretation papers and implementing new accounting standards across the Group
• Maintenance and annual clean-up of the general ledger account hierarchy, ensuring consistent and appropriate use across divisions
• Providing regular and direct assistance to the Financial Manager (Group external reporting), Head of Finance and CFO regarding regulatory financial reporting
• To identify and alert the Financial Manager (Group external reporting) and Head of Finance of any irregularity, lack of adherence to process and procedures, weakness in internal controls, and any actual or potential concerns arising out of the financial and operational reporting
• Keep up to date with IFRS standards and all accounting concepts, practices, and procedures
• Assist with CA Trainee Programme, on rotation of CA trainees to Group Reporting
• Assist with external analyst/investor queries, as required
• Assist Group Reporting team in meeting Group Reporting deliverables, as required
• Ad hoc tasks as required by Financial Manager (Group external reporting) Head of Finance and CFO

Competencies    

• A passionate attitude for external, technical and regulatory reporting
• Excellent written and verbal communication skills
• Problem solving and analytical thinking skills
• Pro-active approach to implementation of changes in operational and accounting requirements
• Strong sense of accountability and excellence
• Ability to effectively multitask
• Well organised with strong attention to detail and accuracy
• Ability to work well under pressure
• Ability to follow process and procedure
• Strong sense of self investment and growth in knowledge of Group
• Good teamwork skills, with the ability to develop strong relationships and to work collaboratively with colleagues across the Group