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Reporting Accountant at Massmart Durban

Employer
MassMart
Location
Durban Durban eThekwini, South Africa
Salary
Competitive
Closing date
Nov 20, 2021

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Job Role
Financial Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Summary:
Support the Financial Manger to ensure accurate & reliable reporting, proactive in looking for value opportunities, improving commercial competence.
Provide finance support and be the key point of contact for all external to critically ensure that there is "one version of the truth" in that all forms of reporting reconcile and to ensure a sound financial environment with regards to applicable legislation, appropriate financial reporting standards & relevant internal financial controls as well as alignment of accounting principles and methodologies
FUNCTIONS / RESPONSIBILITIES:
Reporting

* Delivery of accurate and efficient reporting as required by JSE for a listed company in South Africa.
* Accountable for
* Preparation of Weekly Sales reporting to Massmart
* Preparation of Sales Sens Reporting to Massmart
* Ownership of Goodwill, Investment, NDR, Share Capital, Other Comprehensive Income and Minority reconciliations
* Preparation of FRAP Reporting Commentary and analysis
* Submission of management accounts via EFC
* Statutory reporting - Stat packs
* Reporting all Walmart and Massmart Group reporting in the required standards and metrics.
* Goodwill Impairment Testing
* Statutory Reporting - where required
* Management of the AFS process
* Application of IFRS in statutory and monthly reporting.
* Compilation of Flash results and commentary
* Compilation of EFC
* Compilation of the Trading report for Executives
* Assisting in the preparation of the FD report inputs
Responsible for all Walmart reporting requirements
Ad hoc reporting

* Compilation of monthly Management accounts
* Responsible for
* Assisting with commentary required for Flash
* Assisting with the preparation & Review of AFS
* Adding value to the business by proactively analysing our numbers and implementing relevant measurement matrices required for decision making
Business Reporting

* Direct communication with Senior Financial Leaders
* Collaboration and teamwork with colleagues to ensure that the reporting team meet all reporting requirements
* Team Collaboration to achieve a common goal- Ensure open communication between the reporting team in order to facilitate consolidation process
Audits

* Being available to assist with explanations and information for internal and external audit on areas for which one is accountable
Adhoc

* Ad hoc queries from the Senior Leaders in Reporting Division, Walmart and Massmart within the area of accountability
* Reporting with ad hoc projects and data analysis as and when required from Massmart and Reporting Division.
* Other ad hoc duties as required as part of the finance team
Self- Management

* Respect every individual by relating to others in an accepting and respectful manner, regardless of their organizational level, personality, or background;
* Adapt and learn - demonstrate creativity and strength in the face of change, obstacles, or adversity;
* Adapt to competing demands and shifting priorities;
* Update knowledge and skills to handle new complexities, challenges, and responsibilities. Seek exposure to new ideas and perspectives;
* Promote a work environment that respects, embraces, and values diversity in others;
* Identify and apply sound, fact-based criteria in setting priorities and making decisions;
* Look beyond symptoms to determine the root causes of problems, and identify and implement applicable solutions. Integrate knowledge and expertise in making fact-based recommendations and decisions;
* Conduct that is aligned with the Massmart code of ethics.
Requirements:
Minimum Academic, Professional Qualifications & Experience required for this position
Qualification
Bachelor's degree in finance, accounting, economics, engineering or relevant technical field
Experience
Minimum of 5 years work experience Strong technical skills (Tax, IFRS, accounting, operating systems and structures)
Competencies & Skills:

* Make informed judgements
* Ensure customer centered performance
* Ensure execution and achieve results
* Ensure planning and improvement
* Ensure ethics and compliance
* Adapt and learn
* Make informed judgements
* Ensure customer centered performance
* Ensure execution and achieve results
* Ensure planning and improvement
* Ensure ethics and compliance
* Adapt and learn
*Desired Skills: *

* IFRS
* Tax
* Financial Accounting

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