Technical Accountant

A leading retailer 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.

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)

Hire Resolve is a top-tier recruitment firm that focuses on placing skilled professionals in permanent employment.

Hire Resolve focuses on working with senior-level executives and we pride ourselves on delivering excellent service to our candidates and clients.

• Salary: negotiable.
• Our client is offering a highly competitive salary for this role based on experience.
• Apply for this role today, visit the Hire Resolve website: hireresolve.us or email us: [email protected]
• Alternatively, you are welcome to connect with Jessica Davies, Shannon Watson, Merina Naicker or Lindy Du Plessis on LinkedIn