Divisional Accountant - Gqeberha

Shoprite Group of Companies; Gqeberha; On-site; ZAR 500,000 - 700,000; Full time

Job summary

A leading retail company in Gqeberha seeks a Divisional Accountant to oversee the accounting functions of the region. The successful candidate will manage the general ledger, prepare financial reports, and engage in credit risk management. A Bachelor's degree in finance, along with relevant experience, is essential. This role requires strong analytical skills and familiarity with SAP. You will work collaboratively with various departments, guiding franchise partners and supporting financial objectives.

Qualifications

• 4 years of experience in an Accounting or equivalent role.
• Experience within the FMCG, retail sector or similar.
• Proficient in managing financial records and reports.

Responsibilities

• Maintain general ledger and ensure IFRS compliance.
• Compile and review financial statements for accuracy.
• Manage relationships with franchise partners.

Skills

General ledger management

Financial reporting

Credit & Risk Management

Budget Preparation

Stakeholder Management

Education

Bachelor's degree in finance or related field

CA(SA)

SAIPA

CIMA

Tools

SAP

Job description

Job title : Divisional Accountant - Gqeberha

Job Location : Eastern Cape, Port Elizabeth Deadline : August 30, 2025 Quick Recommended Links

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Job Objectives

General ledger management :

Maintain the general ledger.

Take full ownership of the accounting functions for the region and ensure that IFRS standards are adhered to.

Communication and collaboration with various departments to ensure the accounting records are compliant with the needs of the aforementioned departments.

Extract data from and reconcile the GL to provide insights into the divisions financial position.

Ensure monthly general ledger reconciliations are completed and submitted timeously.

Take initiative to manage control / provision accounts for the purposes of keeping track of various projects.

Financial reporting (Franchise and Corporate stores) :

Gather and categorise pertinent financial data, including transaction records, invoices, and bank statements.

Compile management statements on a monthly basis summarizing and analysing revenue, expenses, net income and all income statement line items pertaining to the region over a specific period.

Review, validate and present statements for accuracy, consistency, and compliance with accounting standards.

Calculate, review and report on member incentive schemes for distribution.

Capture of monthly and ad-hoc expenses (like rental, utilities, maintenance, cleaning, etc) to ensure we can report on profitability of corporate stores.

Prepare, capture and maintain fixed asset register for corporate stores.

Review and monitor trade summaries on a weekly and monthly basis.

Ensure daily cash-up reports and bank recons are captured and reconciled and reported.

Monitor, review and assist operational managers with key information like shrinkage, wastage, outstanding deposits, stock holding, voids, etc.

Credit & Risk Management

Onboarding of franchisees, including review of Cashflow projections, reviewing new store viability in line with OK Franchise Benchmarks.

Monitor and follow up on overdue debtor accounts in accordance with company credit policies and agreed payment terms.

Identify and escalate high-risk or persistently overdue accounts to the Credit & Legal Department.

Implement, monitor and review of credit limits with existing and new franchisees on a weekly, monthly basis.

Preparation and review of Cash Flow Statements as and when necessary for cross-departmental support purposes.

Budget Preparation

Assist the Divisional Management team with the compilation of the Turnover budget to ensure that the required turnover growth is achieved.

Prepare Income & Expense budget based on guidelines, market trends, prior year trends and any known factors at time of budget

Audit preparation :

Maintain and update records on a regular basis to ensure a smooth audit.

Monitor developments instituted by regulatory bodies and remain updated to ensure accurate financial reporting.

Working closely with the audit function to ensure that all risks and related areas of reconciliations are identified for audit purposes.

Stakeholder Management and Partnerships :

Maintain strong relationships with franchise partners, providing financial guidance and support as needed.

Engage with internal and external stakeholders to address financial concerns and objectives.

Act as a resource and knowledge expert on financial matters for franchise teams and functional departments.

General Management :

Manage a financial team consisting of creditor and debtors clerks.

Collaboration with the People Team to ensure compliance with human resource management requirements.

Conflict management in relation to the division financial section.

Resolve time sensitive queries for members and HOD’s.

Maintain a level of professional confidentiality, especially in relation to managing the team and in the process of working with information relating to members.

Qualifications

Bachelor's degree in finance or related field (essential) - CA(SA) (preferred) / SAIPA / CIMA

Experience

4 years of experience in an Accounting or equivalent role.

Experience within the FMCG, retail sector or similar.

Familiarity with accounting software - SAP

Accounting / Financial Services jobs