Management Accountant – Brackenfell needed at Shoprite Group of Companies

Job title : Management Accountant – Brackenfell

Job Location : Western Cape, Cape Town

Deadline : June 02, 2024

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Job Objectives

Strategic Leadership Support:

  • Assist in developing and communicating a clear vision and strategy for the Group Security and Loss Prevention function.
  • Support the execution of comprehensive security and loss prevention programs aligned with the organisation’s goals.
  • Collaborate with senior leadership and business partners to implement strategy and delivery plans across multiple business areas.

Financial Reporting and Reconciliations:

  • Complete monthly financial reconciliations for franchise operations, ensuring accuracy and compliance with company standards.
  • Generate and analyse financial reports on a regular basis to provide insights and recommendations to franchise stakeholders.
  • Prepare adhoc financial reports for management or partner meetings as required.

Budget Management and Forecasting:

  • Collaborate with franchise teams to forecast budget requirements for operational activities, ensuring alignment with corporate financial objectives.
  • Track budget approvals and expenditures, identifying discrepancies and areas of concern.
  • Develop costing viability and return on investment (ROI) models for franchise projects and initiatives.

Contract Management:

  • Monitor and manage service level agreements (SLAs) with franchise partners, ensuring compliance and performance standards are met.
  • Oversee warranty monitoring and reporting for franchise equipment and products, ensuring adherence to contractual terms.
  • Handle financial negotiations and claims processing with franchise suppliers and vendors.

Expenditure Monitoring and Analysis:

  • Process and track all franchise-related expenditures, including equipment purchases, contracts, and operational costs.
  • Investigate and analyse expenditure trends, identifying opportunities for cost savings and efficiency improvements.
  • Implement and monitor financial controls and procedures to streamline finance operations within franchise locations.

Shrinkage Analysis and Mitigation:

  • Conduct regular analysis of shrinkage and loss prevention metrics within franchise operations.
  • Collaborate with franchise stakeholders to develop cost-effective strategies for mitigating shrinkage risks.
  • Communicate non-compliance issues and recommendations for improvement to franchise management teams.

Stakeholder Management and Partnerships:

  • Maintain strong relationships with franchise partners, providing financial guidance and support as needed.
  • Participate in meetings and discussions with internal and external stakeholders to address financial concerns and objectives.
  • Act as a resource and knowledge expert on financial matters for franchise teams and functional departments.

Qualifications

  • Bachelor’s degree in Finance or related field essential. 
  • Professional certification (e.g., CIMA) preferred. 

Experience

  • 3-5 years of experience in financial management, preferably within the retail or franchise industry.
  • Experience working in a franchise or decentralised operational environment is a plus. 

Knowledge and Skills

  • Familiarity with accounting software (e.g., SAP, Pastel) and advanced proficiency in Microsoft Excel. 

How to Apply for this Offer

Interested and Qualified candidates should Click here to Apply Now

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