Technical Accountant

JVR Software; Cape Town; On-site; ZAR 450,000 - 750,000; Full time

Job summary

JVR Software in Cape Town is seeking a Technical Accountant to join our finance team. You will support IFRS 16 and IFRS 2 implementations, perform complex calculations, and assist with monthly consolidation processes and group reporting.

The role requires 2–4 years post-qualification experience, SA Chartered Accountant, knowledge of SAP and SAP RE-FX, and strong standards in statutory reporting. You will review bank reconciliations, prepare impairment calculations, and provide audit support.

Qualifications

• 2–4 years post-qualification accounting experience
• Retail experience advantageous
• Excellent statutory and reporting standards and regulations knowledge

Responsibilities

• Responsible for IFRS 16 property accounting at transactional and reporting levels
• Process valuation transactions on SAP RE-FX for lease events requiring IFRS 16 accounting
• Monthly reconciliation of RE-FX IFRS 16, liability, asset and income statement accounts
• Provide on-the-job coaching for lease administration team to prevent accounting errors
• Perform/review IFRS 2 calculations and post related journal entries
• Review IFRS2 transactions before posting into SAP
• Perform IFRS2 and treasury share reconciliations
• Assist in bank reconciliations review
• Prepare monthly/half-yearly/yearly financial reporting information and load onto BPC
• Support monthly group reporting and consolidation processes and month-end close
• Apply reasonability checks to monthly reconciliations across entities
• Provide audit deliverables and assist with the audit process
• Assist with monthly forecasting, budgeting and reporting as needed
• Support IFRS matters, disclosures, new accounting standards, and other technical accounting issues
• Assist Group projects and ensure accurate reporting

Skills

IFRS expertise

Financial reporting

Attention to detail

Education

CA (SA)

Tools

SAP

SAP RE-FX

Job description

A Giant in the Retail Industry is looking for a Technical Accountant to join their team in Cape Town.

In this role, you would participate and support the Group in all activities connected to IFRS 16, IFRS 2 and other technical areas such as impairments, new accounting standards, and financial statements, are implemented consistently across the Group etc. Assisting with group reporting team with monthly and consolidation processes as well as ongoing projects.

Responsibilities:

• Responsible for the IFRS 16 property accounting, both at transactional and reporting levels.
• Processing valuation transactions on SAP RE-FX for any lease administration events that require IFRS 16 accounting.
• On a monthly basis, reconciling the RE-FX IFRS 16 clearing, liability, asset accounts and income statement accounts and resolving any differences.
• On-the-job coaching and training for the lease administration team to prevent common mistakes that impact lease accounting.
• Perform/review complex IFRS 2 calculations and post-related journal entries.
• Review IFRS2 transactions before posting into SAP.
• Perform IFRS2 and treasury share reconciliations.
• Assist in reviewing bank reconciliations.
• Preparing the monthly, half yearly and yearly information required for financial reporting and loading the information on BPC.
• Assist with the preparation of Group monthly deliverables (including consolidation) as well as the month end close process and provide additional supporting analysis.
• Assisting with group reporting team with monthly and consolidation processes as well as ongoing projects.
• Apply reasonability checks and analysis to monthly reconciliations for all entities.
• Providing audit deliverables and assisting with the audit process to ensure a smooth audit.
• Assist with the monthly forecasting, budget and reporting process as a back-up role if required
• Provide support on IFRS matters, disclosure items, new accounting standards and technical account matters
• Assist with Group projects and ensure these have been accurately implemented as well as reported.
• Prepare impairment calculations for fixed assets and IFRS 16 right-of-use assets.
• Stakeholder Relationships

Requirements

• Knowledge of SAP and SAP RE (advantage)
• 2-4 years post qualification and accounting experience (advantage)
• Retail experience (advantage)
• Excellent statutory and reporting standards and regulations knowledge (required)
• CA (SA)

Please note that correspondence will only be conducted with shortlisted candidates for this position.
Please consider your application unsuccessful if you do not hear from us within 3 days