Assistant Accountant

2 months ago


Western Cape, South Africa The Foschini Group Full time

Who we are is because of our people. They are our greatest asset. TFG is an internationally diversified retail portfolio of 34 speciality lifestyle and apparel brands that **Inspire our Customers to live their Best Lives **and are woven into the lives of millions. Our vision is to create the most remarkable omnichannel experiences for our customers. TFG is more than a workplace, it's a launchpad for your growth. Join us and explore endless growth opportunities across our diverse brands. We’re a purpose-led business, and on this team, you’ll share the pride of making an impact across a whole industry.

We’re the designers, the makers, the shakers and the teams behind the scenes.

Are you with us?

**About the Brand/Division**:
An opportunity exists for an Assistant Accountant to join the Finance team of the Design Centre of the Foschini Group. The role will perform various activities within the division, from processing journal entries and reconciliations, to back costing analysis and reporting. This is an exciting Division involved in the Manufacturing of apparel and related items. It can provide great exposure to the supply chain of apparel merchandise.

**Key Responsibilities**:

- Support with year-end procedures and reports;
- Populate journal templates and supporting documentation to submit to the Record to Report function within Shared Services;
- Perform sundry cost centre management activities;
- Perform business unit specific finance activities, or ad hoc finance activities requiring contact or physical interface with colleagues in the divisions;
- Process entries in Coupa, as and when required.
- Responsible for the accurate recording of Sales & Cost of sales for TFGA Design centre;
- Daily checks to ensure all deliveries are integrated into in to Sync, and that all related costs are included, (i.e. Fabric, CMT, trims, outwork and related costs);
- Analyse GP for out of line results and investigates with Merchandise Managers;
- Extracts the daily CMT charges due based on delivery, logs with Invoice to Cash Team;
- Prepares weekly Turnover and costing by brand for reporting to Merchandise team;
- Prepares monthly reports to Merchandise Teams and Management;
- Prepares input for GL, Turnover and all cost of sales control accounts;
- Investigates all cancellations/ shortages for possible claims recoveries;
- Clears all cancelled and recalled orders for reporting and creating SAP entries
- Prepares the monthly breakdown of backcosting into waste buckets for review for potential reduction and recover;
- Analyses all non-retail sales and prepares reports with relevant GP analysis;
- Creates outwork/printing extract for review and records actual spend for variance reporting;
- Manages outwork flow to ensure feedback from Production team to drive process and reduce waste;
- Reviews WIP report for Fabric to assist with reducing Fabric that is unaccounted for;
- Drives Sync systems changes to support improved reporting;
- Liaise with the Invoice to Cash function within the Finance SSC to ensure all recharges to CMT’s are done.

**Qualifications and Experience**:

- National Diploma in Accounting or Degree in Financial/ Management Accounting
- 2-3 years post qualification experience
- Working experience with SAP, an advantage
- Microsoft Excel experience at a moderate level
- Thorough Knowledge of Accounting procedures and principles

**Skills**:

- Reconciliation and Analysis
- Accounting and Reporting
- Excellent communication skills
- Attention to detail

**Behaviours**:

- Demonstrated knowledge of and skill in adaptability, decision making, interpersonal relations, problem solving, teamwork & written communication
- You need to be flexible as the environment is very dynamic and priorities can change.
- Interprets and simplifies complex and contradictory information when resolving organisational problems
- Ability to work under pressure
- Problem solving abilities
- Proactive in approach and thinking
- Good team player willing with work across divisional boundariesManaging large amounts of data

**#LI-MS2


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