Assistant Accountant

The Shoprite Group of Companies; Western Cape; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A leading company in the retail sector is seeking an Assistant Accountant to join their General Ledger & Inventory team. The role involves executing financial administrative functions, ensuring accuracy in reporting and reconciliation, and supporting process improvements. Ideal candidates will have a degree in Finance or Accounting, along with over five years of relevant experience and strong Excel skills.

Qualifications

• 5+ years’ experience in financial administrative roles.
• Proficiency in MS Office 365 with intermediate Excel skills.
• Well-developed knowledge of financial and accounting concepts.

Responsibilities

• Prepare and post monthly journal entries in SAP.
• Consolidate finance and account reconciliation data.
• Support auditing processes through report preparation.

Skills

Financial administrative support

Organisational skills

Financial reporting

Reconciliation

Excel

Education

Degree in Finance, Accounting or a related field

Tools

SAP

MS Office 365

Job description

Job Purpose:

The purpose of the Assistant Accountant role is to execute financial administrative and reporting functions within the General Ledger & Inventory team. The role supports process efficiency and improvement through the effective reconciliation of inventory related and other general ledger accounts, preparation of financial data, reports, maintenance of financial documentation and master data records. The role requires a meticulous individual with well-developed organisational skills and the ability to provide excellent financial administrative support.

Key Responsibilities:

• Consolidate and prepare finance and account reconciliation data and reports within specified standards and distribute to relevant stakeholders.
• Update and maintain all related financial data, records and files as per company policies ensuring accuracy and integrity of information is maintained.
• Prepare and post monthly journal entries in SAP.
• Assist with General Ledger and Profit Centre master data maintenance in SAP and other master data systems.
• Scrutinise monthly General Ledger reconciliations and follow-up on exceptions.
• Scrutinise sales and cost of sales accounts for abnormalities follow-up on exceptions.
• Work with the Finance team to streamline reporting efficiencies and improvements.
• Completion of daily and weekly finance requests e.g. updating and/or loading the moving average cost of articles in SAP etc.
• Support auditing processes through the preparation of standard reports and data.
• Assist with ad hoc requests from Management.

Requirements:

• Degree in Finance, Accounting or a related field – (essential)
• +5 years’ experience in a similar capacity or role, processing and executing financial administrative, reconciliation and reporting activities in a corporate or retail environment – (essential).
• Well-developed knowledge and understanding of financial and accounting concepts and principles – (essential).
• Proficiency in MS Office 365 with intermediate Excel skills to prepare detailed spreadsheets using formulas – (essential).
• Exposure to SAP (preferred).
• Exposure to and an understanding of corporate and retail orientated environments (preferred).