Vacancies at Pick n Pay Stores Limited

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.

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

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 comparison to PY with commentary
• Update BPP with IFRS 16 budget
• Prepare Retail inventory policy document for interim and full year reporting
• Send out 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 preparation of stock provisions in terms of IFRS and relevant legislation
• Support 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 Finance department, internal auditors and external auditors

Competencies

• Commercial and Financial Acumen including strong analytical skills and 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 above requirements and competencies

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Job Advert Summary

To compile and execute the category plans in line with the strategy, objectives and category group guidelines on format/margin and assortment strategies.  To optimize the performance of the assigned categories by having clear category plans in place that are aligned to the strategy, category group guidelines and being customer focused.

Minimum Requirements

• Preferably relevant University Degree
• 3-4 years retail experience
• Experience in Category Management
• Proven and consistent success on financial KPI’s
• SAP knowledge and Analysis is essential

Duties & Responsibilities

Negotiation

• Understands negotiating position, key drivers, and desired outcomes; develops and presents factual, rational, and compelling arguments to build support and gain commitment from other parties; understands when to engage in counter-negotiations to reach win-win outcomes
• Manages disagreements and conflicts by using diplomacy and controlling emotions; anticipates negotiating roadblocks and objections

Category Strategy

• Uses Category internal and external data to develop and recommend business strategies that target category-specific growth
• Evaluates merchandising plans and their business impact; makes recommendations for modifying plans based on findings 
• Identifies and recommends process improvements that target performance, quality, work efficiency / cost reduction

Category Performance

• Uses internal and external data to understand category performance (sales, margin, availability, waste, stock, RTC, strike rates, own brand etc).
• Maintains a solid working knowledge of assigned category, industry, and market; uses knowledge of industry practices, business trends, distribution methods, and the competitive environment to develop buying plans
• Implements and executes tactical buying plans, ensuring alignment with category-specific growth strategies, as well as Pick n Pay’s overall business strategy

Supplier Relations

• Communicates regularly with suppliers to mutually share financial and other performance criteria; uses metrics to identify performance gaps and hold suppliers accountable for achieving financial and other mutually agreed upon goals; develops and implements contingency plans to close performance gaps
• Develops and maintains relationships with suppliers; demonstrates confidence and expertise when interacting with suppliers

Private Brand Strategy and Development

• Implements and executes Private Brand category strategy, ensuring alignment with category-specific growth strategies, as well as PnP’s overall business strategy

Merchandise Knowledge

• Applies knowledge of Pick n Pay’s merchandise and current promotions, price changes, and sales to enhance daily work
• Develops merchandising solutions to achieve business goals and influence financial performance
• Identifies and applies knowledge of key industry trends and market forces to positively impact merchandising

Competencies

• Sound knowledge of buying fundamentals
• Judgement and Decision Making
• Networking and Relationship Building
• Good Presentation skills
• Excellent Communications skills (Verbal and Written)
• Good Negotiation and Influencing skills
• Advanced computer literacy (Excel & Powerpoint)
• Ability to work under pressure and at pace
• Ability to handle extensive administrative activities related to the category
• Commerical and Financial Acumen including strong analytical skills and ability to interpret data
• Ability to work within a matrix structure, gaining buy in and support across a number of functions
• Additional Information
• Competency based interview to assess above requirments
• Applicable assessments may also be conducted