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