Franchise Accountant
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Our client in the Real Estate and Franchise is looking to hire a Franchise Accountant.
Duties and Responsibility Provide backup support to the debtor's function. Ensures integrity and accuracy of financial data. Ensures problems are discussed and dealt with promptly and a satisfactory outcome is reached for all concerned. Financial Reporting Control and maintain the Licensee Database and franchisee legal documents. Review franchise Profit and Loss statements uploaded into Click View and address errors or concerns with Owner Operators or their Accountant. Review franchise Balance Sheets uploaded into Click View and address errors or concerns with Owner Operators or their Accountant. Update the monthly Management Reports, from the Click View database. Assist with the automation of reports by working closely with IT/Click View team. Develop and maintain franchisee benchmark reports quarterly. Develop and update a quarterly O/O Risk Analysis which includes negative equity and negative cash flows. Prepare the finance section of the Business Reviews. Provides relevant information to the key stakeholders, Corporate Office, operations, and other Mc Donald's SA departments. Prepares rent sets and business valuations where requested. Prepares monthly/annual reports for Mc Donald's SA departments, management, franchisees, and Corporate Office. Identifies opportunities through analysis, comparison, and benchmarking to improve the financial performance, and presents these to relevant parties. Assists in the Annual Audit preparation process. Assists in the annual budgeting process. Prepares and reviews reconciliations for restaurants Handover Payments. Assist with the Monthly Invoicing of Owner/Operator for monthly charges such as IT and insurance. Preparation of recons for review at month end. Provide financial support to Management, Franchising and Field Services Departments. Investment Manager and Fixed Assets Creates annual investment programs. Loading of signed budgets and approval of capex spend. Maintain investment manager and suspense-
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