Recon Accountant

4 weeks ago


Cape Town, Western Cape, South Africa Shoprite Group of Companies Full time
Job title : Recon AccountantJob Location : Western Cape, Cape TownDeadline : March 26, 2025Quick Recommended Links
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Job Objectives

  • Adhere to the processes for end-to-end reconciliation of payments made to third-party vendors and received by third-party debtors, including but not limited to capturing and processing invoices for payment, processing payments from the bank account and resolving any discrepancies identified.
  • Execute the reconciliation of various control accounts to identify, investigate and resolve any exceptions.
  • Engage with internal and external stakeholders, including SR systems, operational teams, customers and third-party vendors and debtors, to facilitate smooth reconciliation processes and issue resolution.
  • Provide efficient query support activities to stores, vendors and debtors.
  • Assist with processing of bulk gift card orders.
  • Monitor debtors and creditors to ensure timely transactions and adherence to financial agreements, escalating any discrepancies or concerns as needed.
  • Review and verify the accuracy of external service provider invoices, investigating discrepancies and ensuring alignment with contractual agreements.
  • Conduct analysis of transaction patterns and trends to identify discrepancies or anomalies, escalating issues as necessary to propose adjustments or improvements to processes.
  • Investigate and resolve complex unreconciled transactions by collaborating with external service providers and internal teams to provide swift resolution.
  • Utilise system reports to maintain and verify processed work by comparing them to actual balances, ensuring ongoing accuracy in financial reporting.
  • Comply with company policies by managing stakeholder information and details in accordance with PCI, FICA, and POPIA regulations.
  • Attend to the meticulous maintenance of financial records, supporting audits and internal controls.
  • Provide professional and timely communication with stakeholders, addressing inquiries related to transactions to enhance customer satisfaction.
  • Report detailed findings on reconciliation activities, trends, and financial impacts for management review.
  • Support the finance department's objectives by conducting ad hoc analysis or projects as required.
  • Train new team members on reconciliation processes and best practices to enhance operational efficiency

Qualifications

  • Diploma or degree in Accounting, Finance, or a related field (essential)

Experience

  • +2 years of relevant accounting experience in a financial, administrative, or similar role (preferred).
  • Proficiency in Microsoft Office 365 with intermediate Excel skills and accounting software (essential).
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