About the position
Role Summary
To conduct all IFRS16 property-related financial accounting and reporting processes in compliance with International Financial Reporting Standards (IFRS). The Property IFRS 16 Accountant ensures accurate recognition, measurement, and disclosure of leases and property assets in line with IFRS 16 and other related standards for PnP Retailers.
Requirements
- Bachelor's degree in accounting, Finance, or a related field.
- Professional qualification (CA, ACCA, CPA, or equivalent) preferred.
- 2+ years' experience in financial accounting, experience in IFRS 16/property accounting preferred.
- Strong understanding of IFRS 16, IAS 16, IAS 40, IFRS 13, and related standards.
- Proven experience in financial audits and reporting processes.
- Advanced proficiency in ERP/accounting systems (e.g., SAP, Oracle, or similar).
- Excellent analytical, communication, and stakeholder management skills.
Key Responsibilities
1. IFRS Compliance & Financial Reporting
- Ensuring timely and accurate recording of lease-related transactions.
- Capture rental contracts into the system and review for compliance with IFRS and company policies.
- Perform monthly reconciliations and checks for accuracy, completeness, and validity of property-related financial data.
- Investigate and resolve anomalies and accounting exceptions promptly.
- Ensure compliance with IFRS, company policies, and regulatory requirements in all property accounting processes.
2. Financial Planning, Analysis & Reporting
- Provide financial analysis and insights to divisional heads and senior management to support strategic and operational decisions.
- Monitor and report on financial performance against budgets and forecasts, highlighting key variances and trends.
- Prepare divisional budgets, forecasts, and periodic financial reports.
- Drive processes and controls that ensure the production of accurate, reliable, and credible divisional results.
3. Governance, Controls & Audit
- Maintain and regularly update the Property Accounting Policy Document, ensuring alignment with current IFRS standards.
- Adhere to internal controls and accounting procedures for property transactions.
- Liaise with external auditors to facilitate efficient reviews and timely resolution of audit queries.
- Respond to ad hoc financial and accounting queries from internal and external stakeholders.
4. Collaboration
- Integrate seamlessly with the IFRS 16 accounting team, fostering a culture of accountability, accuracy, and continuous improvement.
- Drive cross-functional collaboration with finance, property, and operational teams to ensure data integrity and reporting consistency.
5. Competencies:
- Strong technical accounting knowledge (IFRS)
- Attention to detail and analytical rigour
- Clear and professional communication skills, both verbal and written
- Ability to engage effectively with cross-functional teams and external stakeholders
- Mature and constructive approach to conflict management and resolution
- Ability to interpret and communicate complex financial data
- Process improvement and control-minded approach
- Strong stakeholder engagement and business partnering abilities
