Accountant - (Value Added Services) VAS at The Foschini Group

About the position

Package & Remuneration
JOB DESCRIPTION

Key Performance Areas:

• Preparation and consolidation of VAS P&L relating to month end and budget/forecast
• Review and adjust planning working papers received from the Planning and Management Reporting Centre of Excellence;
• Support the Finance Manager in analysing management reports and financial performance of the division against its specific targets;
• Analyse standard monthly management reports received from the CoE and SSC, and provide interpretation and commentary for the Finance Manager review;
• Support with year-end procedures and reports;
• Review and adjust OPEX forecasts for the divisions in line with business requirements.
• Ensure the planning tool accurately reflects actuals and projections for all costs.
• Ensure charge backs received by the division are accurate and accepted.
• Populate journal templates and supporting documentation to submit to the Record to Report function within Shared Services (including but not limited to accruals, year-end journals, intercompany entries);
• Ensure that the inputs to and the management of any assets within the division are provided to the SSC.
• Perform sundry cost centre management activities.
• Prepare ad hoc or tailored financial reports required by the division.
• Perform business unit specific finance activities, or ad hoc finance activities requiring contact or physical interface with colleagues in the divisions.
• Support the Finance and Systems Management CoE and VAS division on new systems or projects requirement gathering, testing and deployment.
• Act as a super user for the new Non-Merchandise Procurement tool - Coupa - for the division.
• Preparation of monthly balance sheet reconciliations
• Perform the calculations required as inputs to those month-end charges/ allocations relating to external parties as well as insurance allocations/ accruals.
• Support Finance manager in allocations to Trading divisions.
• Perform mailing cost allocations and reporting.
• Reconciliation of all VAS billings sold via debit order
• Support with development activities/ UAT related to ROOT (new insurance system) - enhancements/ changes.
• Ensure Claims bordereaux are accurately prepared by the claims team, and that claims funds are settled timeously by the insurers.
• Preparation of quarterly NCR reports for Insurance division

Stakeholder Relationships

• Support the Finance manager
• Act as the interface between the business and the CoE/ SSC;
• Collaborate with internal stakeholders to drive strong interactions and engagements across the finance operating model.
• Ensure the engagement with relevant internal and external stakeholders within TFG.

Skills and attributes

• Thorough knowledge of accounting procedures and principles
• Strong analytical skills
• Ability to work under pressure
• Problem solving abilities
• Excellent communication skills
• Proactive in approach and thinking
• Good team player willing with work across divisional boundaries
• Excellent excel skills

Qualification and Experience

• Diploma in Financial/ Management Accounting
• BCom degree preferred is preferred
• 3-5 years post qualification experience

Preference will be given, but not limited to, candidates from designated groups in terms of the Employment Equity Act

ABOUT US

Who we are is because of our people. They are our greatest asset. TFG is an internationally diversified retail portfolio of 34 speciality lifestyle and apparel brands that Inspire our Customers to live their Best Lives and are woven into the lives of millions. Our vision is to create the most remarkable omnichannel experiences for our customers. TFG is more than a workplace, it's a launchpad for your growth. Join us and explore endless growth opportunities across our diverse brands. We're a purpose-led business, and on this team, you'll share the pride of making an impact across a whole industry.

We're the designers, the makers, the shakers and the teams behind the scenes.

Are you with us?