Experienced Financial Accountant Wanted for Retail Stores Division

2 weeks ago

Cape Town, Western Cape, South Africa Frogg Recruitment SA Full time
Job Title: Financial Accountant

We are seeking a highly skilled Financial Accountant to join our team at Frogg Recruitment SA. The ideal candidate will have 3-4 years of experience in retail/wholesale accounting and hold a BCom Finance/Accounting degree.

Key Responsibilities:
  • Full financial accounting for the retail stores division, including PASTEL & VIP (300 staff)
  • Oversee all financial aspects of the retail stores nationally
  • Manage debtors and creditors, as well as account for all financial aspects of the licensing company
  • Calculate and manage charges royalties
  • Oversee a clerk for the mall stores to capture cash book, check system sales to bank deposits, capture creditors and manage debtors
  • Assist payroll clerk
  • Review all payments, wages, store salaries and head office salaries
  • Pass journals, VAT recon, GL/payroll system recon, reconcile TB
  • Prepare management accounts, analyse and present to the directors
  • Prepare the annual budget
  • Meeting with insurance broker annually, evaluate risk vs cost and present to directors
  • Oversee COIDA, Employment Equity/SDL, EMP501's/IRP5's, CIPC submissions
  • Assist in the rental portfolio by reviewing lease offers, agreements, summarising thereof and arranging bank guarantees
  • Be the key contact with auditors and SARS
  • Prepare budgets and break-even analysis
  • Prepare schedules/summaries/comparisons of information as required by the directors
  • Audit preparation and audit queries
  • Maintain fixed asset register and journals
  • Ensure policies, procedures, and systems are operating effectively in stores and at the head office
  • Ensure compliance with laws and regulations and accounting standards

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