We've got an exciting opportunity at Ackermans as a Accountant: Revenue in our Finance Revenue team. This role will manage the recording and reconciliation of the store revenue related transactions for Ackermans & Pepkor Speciality
We're a fully in-office team. This role is based at our Support Centre in Kuils River, Cape Town.
QUALIFICATIONS required:
Essential:
B Comm or equivalent finance qualification (Diploma/ Degree)
Preferred:
B Comm Honours
CA(SA) qualification
CIMA certification
KNOWLEDGE required:
Financial reconciliation expertise
Good understanding of Revenue process
Good planning and building the work flow
Strong analytical knowledge and ability
Excellent knowledge accounting principles and their application (debits, credits, journals, reconciliations)
EXPERIENCE & SKILLS required:
Essential:
3 – 5 years’ experience in finance, including financial reconciliations
3 or more years’ experience managing a large team
Preferred:
Retail experience or previous experience working in a multi-national environment.
SKILLS required:
Computer skills, Excel at an advanced level
Excellent Interpersonal skills, ability to work with people across all levels
Strong numerical ability
Ability to work independently as well as in a team
Ability to work under pressure
Attention to detail
Key Responsibilities:
1. Team Management:
Planning, organizing and supervising Phadima’s
Performance management
Recruitment
Communication
Employee Relations
2. Stakeholder management (Internal & External):
The role entails to be the first level of stakeholder management on a continuous basis. Main focus is to manage the SLA’s on a continuous basis.
a. Stakeholder: Tenacity
Manage the team’s process:
Resolving Tenacity queries raised via the call centre
Collecting the EFT slips for the Tenacity transaction disputes
Tenacity Disputes/ Charge Backs
b. Stakeholder: Pepkor Internal auditors
Manage the fulfilment of information requests from the Pepkor internal audit team
c. Stakeholder: Operations Risk & PSS Finance management team
Analysis, interpretation & reporting of the following information to Ackermans Operations Risk Manager & Pepkor Speciality finance management team:
Store cash losses information (weekly & monthly)
Identify stores with risk cash loss trends during the month and year-to date & highlight the team member’s observations during interactions with the store. This is to enable operations risk investigations.
Store Banking trends (weekly & monthly)
Identify the stores whose cash banking period trends are outside of
agreed SLA (SLA agreed monthly with the operations risk team based on CIT collection days)
Cash centre performance (weekly and monthly)
Identify all cash centres that are operating outside of the agreed-upon SLA
d) Supplier: All banks
Manage the relationship with all cash banks & EFT banks
e) Monthly cost accruals
3. Weekly closure & month end management
a) Interfaces
Monitor the interfaces into SAP.
Manage the unknown EFT interfaces into SAP.
Manage the Point of sale transactions on error in Recon Assist.
Manage invalid bank interfaces into Recon Assist.
b) Manage the resolution of exceptions:
Manage the cash deposit SLA
Manage the EFT SLA
Manage the reconciliations for closed stores
Manage exceptions, review & approve / reject cash deposits released from the error report.
Manage the sales clearing reconciliation & exceptions (reconciled between Recon Assist & ukusa)
c) Reconciliation management:
Review revenue team’s GL reconciliations before submission to the GL reconciliation team.
Review the store accounts’ bank reconciliations for reconciling items (Incl adjustment bank accounts)
Approve ad hoc journals for the revenue clerks