Financial Bookeeper

3 months ago


Western Areas, South Africa Groe Global Full time

Job Title: Financial Bookeeper - Remote

**Location**: Fully Remote
**Work Hours**: 4:00 PM - 11:00 PM (Monday to Friday)
**Salary**: R12,000 per month

**Job Summary**

**Key Responsibilities**:

- **Franchise Agreements & Collections**:

- Manage financial aspects of franchise agreements, ensuring compliance with terms related to collections.
- Handle invoicing for franchise fees, royalties, and other financial obligations.
- Oversee collection processes, ensuring timely payments and following up on outstanding balances.
- Draft and review financial addendums related to franchise agreements.
- **Invoicing & Payment Processing**:

- Prepare and issue invoices for franchise-related transactions, including fees and royalties.
- Process payments and ensure they are correctly applied to respective accounts.
- Monitor accounts payable and accounts receivable for franchise operations.
- **Reconciliation of Royalties**:

- Perform regular reconciliation of royalty payments, ensuring accuracy and timeliness.
- Track franchisee royalty contributions and identify any discrepancies.
- Provide monthly reports on royalty collections and payments.
- **General Accounting Duties**:

- Maintain accurate financial records and update financial systems regularly.
- Reconcile accounts on a monthly basis, ensuring financial accuracy.
- Support with budget forecasting and financial planning as it relates to franchise operations.
- Assist in preparing financial statements and reports.
- **Franchise Financial Management**:

- Ensure all financial processes are in compliance with franchise industry standards.
- Provide financial insights to assist in managing and optimizing the franchise business.
- Work with other departments to ensure smooth financial operations related to franchising.

**Qualifications**:

- **Degree or similar Qualification in Accounting, Finance, or a related field**.
- **Experience in managing financial aspects of franchise operations** (preferred but not mandatory).
- Strong understanding of invoicing, collections, and payment reconciliation.
- Experience with accounting software and financial reporting tools.
- Excellent organizational and communication skills.
- Ability to work remotely and independently during the specified hours.
- 5 years minimum work experience in the field

**Preferred Experience**:

- Previous experience in the **franchise industry** is a plus.
- Familiarity with handling franchise agreements and royalty structures.

**How to Apply**

Pay: R12 000,00 per month

**Education**:

- Bachelors (preferred)

**Experience**:

- Accounting: 7 years (preferred)