Accountant: Revenue (Fixed-Term Contract)

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