Clerk: Revenue

Ackermans; Cape Town; On-site; ZAR 50 000 - 200 000; Full time

Job summary

A retail company is looking for a Clerk: Revenue based at their Support Centre in Kuilsriver, Cape Town. The successful candidate will be part of a diverse finance team, responsible for cash and card reconciliations, general ledger management, and supporting audit processes. Essential qualifications include a finance diploma and at least 1-2 years of relevant experience. Strong Excel skills and attention to detail are crucial for success in this role.

Qualifications

• 1-2 years’ relevant finance administration experience with strong reconciliation experience.
• Good knowledge of financial administration and basic accounting principles.

Responsibilities

• Perform daily reconciliation of cash bankable amounts to bank statements.
• Perform daily reconciliation of card transactions and investigate exceptions.
• Conduct weekly balancing of sales clearing general ledger accounts.

Skills

Computer skills – MS 365

Intermediate to advanced Excel skills

Interpersonal skills

Attention to detail

Above average numerical ability

Ability to work under pressure

Education

Relevant Finance Diploma / Certificate

Relevant Finance Degree

Job description

Overview

We have an exciting opportunity for a Clerk: Revenue to join our team. This position is based at our Support Centre in Kuilsriver, Cape Town and will be part of a very diverse and vibrant Finance team. We're a fully in-office team. This position will report directly to the Accountant: Revenue.

Responsibilities

1. Reconciliation
   1. Cash
      1. Perform daily reconciliation of the cash bankable amount per store to the bank statement amount (On the reconciliation system)
      2. Follow up on all exceptions with banks & CIT company
      3. Correct, re-assign and release deposits, surpluses and shortages with incorrect store reference numbers for assigned stores.
      4. Prepare & post journals for unmapped bank entries not posted by recon system (bank recon items).
   2. Card
      1. Perform daily reconciliation of all the card transactions between the third parties and point of sale information
      2. Follow up on all exceptions with banks, gift card providers, all value-added services (VAS) & Tenacity
   3. GL Reconciliation
      1. Perform all revenue general ledger reconciliations (excluding bank accounts)
      2. Analyse the root cause of all reconciliation variances & conclude appropriate corrective system action required.
   4. Sales Clearing
      1. Perform weekly balancing of sales clearing general ledger account
      2. Investigate and resolve variances on weekly sales balancing
2. Administration
   1. Buy aid
      1. Prepare & post monthly buy aid commission and sales journals
   2. Internal & external Audit Team / Operations
      1. Confirm the stores’ banking status with the internal audit team
      2. Provide accurate supporting documents to external audit team
   3. Record Keeping
      1. File away all the business documents & save electronic documents on the assigned finance folders on Sharepoint (or Other), in accordance with the Personal Protection of Personal Information Act (POPIA).
   4. Journals
      1. Posting of accrual journals, according to the accounting system requirements
   5. Trend analysis
      1. Identify trends in cash & card reconciliation differences noted on the reconciliation system

Qualifications

Essential:

• Relevant Finance Diploma / Certificate

Preferred:

• Relevant Finance Degree

Knowledge required

• Financial Reconciliations
• Balancing stores sales to point of sale in the stores
• Good knowledge of financial administration and basic accounting principles and application thereof (debits, credits, journals, reconciliations)

Experience required

Essential:

• 1-2 years’ relevant finance administration experience, including strong reconciliation experience

Preferred:

• Retail experience

Skills required

• Computer skills – MS 365
• Intermediate to advanced Excel skills
• Interpersonal skills
• Ability to work independently as well as in a team
• Attention to detail
• Above average numerical ability
• Deadline driven
• Ability to work under pressure
• Able to deal with large volumes of work