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- Supplier Finance Specialist (Financial Services)
- Financial Assistant
- Salary Accounts Officer
- E-Card Team Lead
- Supplier Finance Manager
- Management Accountant
Supplier Finance Specialist (Financial Services)
Closing Date
2024/05/09
Reference Number
SHO240502-5
Job Title Supplier Finance Specialist (Financial Services)
Job Type Permanent
Location – Country South Africa
Location – Province Western Cape
Location – Town or City Brackenfell, Cape Town
Purpose of the Job
We are seeking a dynamic and detail-oriented Supplier Finance Specialist to join our team. The successful candidate will be responsible for the day-to-day operations and management of our supplier finance platform, ensuring seamless transactions and efficient communication between our company and our suppliers. This role requires a combination of financial acumen, technical proficiency, and excellent interpersonal skills.
Job Advert Details
Job Category Finance
Job Objectives
Platform Management:
Oversee the day-to-day operations of the supplier finance platform.
Monitor platform performance and address any issues or discrepancies.
Coordinate with internal teams to ensure data accuracy and integrity within the platform.
Supplier Communication:
Serve as the primary point of contact for suppliers using the finance platform.
Provide assistance and support to suppliers with platform-related inquiries or concerns.
Facilitate training sessions or workshops for suppliers to optimize platform usage.
Transaction Monitoring:
Monitor incoming and outgoing transactions on the platform.
Verify transaction details and reconcile discrepancies as needed.
Collaborate with finance and accounting teams to ensure accurate financial reporting.
Process Improvement:
Identify opportunities to streamline processes and improve efficiency within the platform.
Collaborate with cross-functional teams to implement process improvements and enhancements.
Documentation and Reporting:
Maintain comprehensive documentation of platform processes and procedures.
Generate regular reports on platform performance, transaction trends, and supplier activity.
Analyze data to identify insights and trends, providing recommendations for optimization
Qualifications
Bachelor’s degree in Finance, Business Administration, or a related field.
Experience
3 years experience, preferably within the finance or procurement industry.
Knowledge and Skills
Strong understanding of financial principles and processes.
Knowledge of SAP supplier payment processes advantageous
Excellent communication skills, with the ability to effectively interact with internal teams and external suppliers.
Detail-oriented with strong analytical and problem-solving abilities.
Proficiency in Microsoft Excel and other relevant software applications.
Ability to work independently and prioritize tasks in a fast-paced environment.
Financial Assistant
| Closing Date | 2024/05/09 |
| Reference Number | SHO240502-2 |
| Job Title | Financial Assistant |
| Job Type | Permanent |
| Location – Country | South Africa |
| Location – Province | Western Cape |
| Location – Town or City | Brackenfell, Cape Town |
| Purpose of the Job | To ensure that all Sales and Sales adjustments are processed on SAP in order to provide complete and accurate Sales figures for reporting purposes. To ensure that the Sales match the Cash and Non-bankable tenders in order to identify and report shorts and overs and irregular and fraudulent unauthorised sales transactions. |
| Job Advert Details | |
| Job Category | Finance |
| Job Objectives | Reconcile Sales Clearing account Supermarkets per store to all System Reports.Identify possible fraud on sales transactions at the Supermarket stores.Ensure all sales transactions are processed on Sap Finance from the GK POS and SAP CAR systems.Raise incidents to the IT department for missing sales and incorrect sales.Follow up on unresolved incidents.Identify the shorts and overs for Supermarket stores and journalise corrections to the income statement account.Balance the SAP CAR Sales Clearing report total declarations figure to the total of the GK POS NOVA reports.Identify and investigate differences outstanding on the Sales Clearing account between SAP Finance, SAP CAR and GK POS including tender differences: stamps, vouchers, e-cards, cash, Money Market, cash rounding and sixty 60.Process manual sales adjustments for Supermarkets per store after all reports were reviewed.Check Main and Petty Cash floats processed on the Sales Clearing account to balance with Cash declaration.Reconcile and analyse expense and income accrual general ledger accounts |
| Qualifications | Matric (Gr12) and Financial Diploma / Degree (essential). |
| Experience | +2 Years administration knowledge (essential). |
| Knowledge and Skills | Computer literacy (Excel skills) (essential). Branch Cash Office experience (desirable). SAP skills (desirable). |
Salary Accounts Officer
| Closing Date | 2024/05/07 |
| Reference Number | SHO240430-1 |
| Job Title | Salary Accounts Officer |
| Job Type | Permanent |
| Location – Country | South Africa |
| Location – Province | Western Cape |
| Location – Town or City | Brackenfell, Cape Town |
| Purpose of the Job | As a Salary Accounts Officer, you are responsible for accurately accounting and reconciling payroll related accounts. The role participates in various aspects of the end-to-end payroll accounts cycle at various times, including but not limited to reconciling payroll-related general ledger accounts, processing payroll payments to relevant third parties, as well as identifying, resolving and escalating discrepancies accordingly. The team will look to you for the accuracy and completeness of the payroll-related accounts. Reporting to the responsible Supervisor and the Finance Payroll Accounts Manager, the role is also accountable for participating in the required support activities as defined by the Finance Payroll Accounts Manager relating to any aspect of the payroll process. |
| Job Advert Details | |
| Job Category | Finance |
| Job Objectives | Month-end payment and reconciliation responsibilitiesPerform various aspects of the end-to-end payroll accounts cycle at various times, including but not limited to payroll-related general ledger accounts, processing the payments to the relevant third parties, as well as identifying, resolving and escalating discrepancies accordingly. Ensure that the correct payroll deductions on SAP Human Resources correspond to the general ledger payroll accounts on SAP Finance. Process payroll payments to relevant third parties timeously.Assist with third-party queries relating to payroll payments. Discrepancies are identified, followed up, resolved, and communicated to payroll for corrective action before the payroll closes for the month. Monthly reporting of payroll payments and the status of reconciliations. Payroll-related general ledger account reconciliations to be done as soon as payments have been made, balanced to the accounts analysis and reconciling items identified per staff number.Payroll-related general ledger reconciliations are to be ready for review by the Supervisor and Finance Payroll Accounts Manager by the due date. Ensure that the daily, weekly and monthly maintenance, administration and garnishee orders are updated and implemented and that discrepancies are identified, followed up, and resolved. Perform ad-hoc administrative tasks as required. |
| Qualifications | Degree or diploma with accounting or equivalent (essential). |
| Experience | 1-3 years relevant experience in an accounts officer, financial, or similar role (essential). Working knowledge of Microsoft Office 365 – Outlook, Word, Excel (essential). Exposure to SAP (preferred). |
| Knowledge and Skills | Working knowledge of the below areas (essential): – Procedures and risks related to payment processes. – Basic knowledge of reconciliation. – Accounting knowledge. – Internet banking. Exposure to and an understanding of corporate and retail-orientated environments (preferred). |
E-Card Team Lead
| Closing Date | 2024/05/02 |
| Reference Number | SHO240425-2 |
| Job Title | E-Card Team Lead |
| Job Type | Permanent |
| Location – Country | South Africa |
| Location – Province | Western Cape |
| Location – Town or City | Brackenfell, Cape Town |
| Purpose of the Job | In the role of E-Card Team Lead your portfolio leverages your specialised tactical knowledge of the Electronic Banking activities across business entities as a key success factor in providing support to a variety of financial and operational scenarios. You will act in a supporting capacity to the Cash and Banking Financial Manager to maintain Group wide partnerships, policies, and processes, setting up and maintenance of basic system configurations. Core to this role is the oversight of daily, weekly, monthly, and annual account reconciliation and reporting activities related to all electronic and wallet payment tender types (e-tenders). The team will look to you for accurate financial execution, process refinements, and coaching to ensure that an accurate, high quality of ongoing Financial Services support and performance is maintained. You will lead a team of financial clerks and work closely with a cross-functional team of technical and business stakeholders who participate in matrix structured projects, facilitating, co-creating, and implementing sustainable Financial Services solutions. Whilst the scope of the role is SA based there is an expectation that this role extends full support where necessary and relevant to Non-RSA. |
| Job Advert Details | |
| Job Category | Finance |
| Job Objectives | Responsible for open item management of various e-tender control accounts. Handle errors of e-tender files (electronically/manually interfaced). Review control account reconciliations to ensure accuracy of debtor and creditor subledgers and general ledger accounts. Ensure that team investigates unreconciled transactions and resolve reconciliation queries timeously. Manage the various aspects of onboarding of new stores at the relevant financial institutions including but not limited to acquiring banks, Value Added Service Providers (VSP). Ensure commission/rebate calculations are accurate and complete. Monitor logged incidents and ensure resolution within the set SLA deadlines. Ensure accurate and efficient management of stakeholder details in accordance with company policies, PCI, FICA and POPIA guidelines. Maintain accurate financial records. Resolve internal and external stakeholder queries efficiently and effectively in a professional manner. Ensure that all daily, weekly, monthly duties and deadlines are timeously met. Communicate with store management regarding various in-store queries and controls and provide them with the necessary guidance to ensure a smooth in-store transactional experience. Communicate with, participate in, and support all audit activities and closing of findings etc. |
| Qualifications | Accounting Diploma or Degree (Essential)BComm finance degree, CIMA or CA candidate (Desirable) |
| Experience | +2 years of relevant experience in a similar financial team lead role – (essential). Experience in Retail (Essential) |
| Knowledge and Skills | Microsoft Office 365 – Outlook, Advanced Excel – (essential). Exposure to and an understanding of corporate and retail orientated environments – (preferred). Accounting package exposure to SAP – (preferred). |
Supplier Finance Manager
| Closing Date | 2024/05/08 |
| Reference Number | SHO240424-11 |
| Job Title | Supplier Finance Manager |
| Job Type | Permanent |
| Location – Country | South Africa |
| Location – Province | Western Cape |
| Location – Town or City | Brackenfell, Cape Town |
| Purpose of the Job | The purpose of the Supplier Finance Manager is responsible to execute and takes ultimate accountability for the supplier service platform end to end process, enabling effective delivery through active stakeholder engagement, management, and ensuring operational excellence to achieve strategic delivery. The stakeholders will look to this role to provide financial expertise on the platform, ensuring its effectiveness as measured by supplier growth on the platform. The role ensures accurate transactional financial execution, process refinements, and general financial input to ensure support for the suppliers’ platform and related operational effectiveness. The role works closely with the Financial Services-functional teams, buyers, and suppliers to pro-actively identify new suppliers and facilitate suppliers’ onboarding discussions. Together with the Credit Risk team, this role assesses the financial fitness and liquidity of the suppliers and makes recommendations in terms of financial support and payment terms. |
| Job Advert Details | |
| Job Category | Finance |
| Job Objectives | Responsible for overseeing and executing the day-to-day suppliers’ platform operations and ensuring operational effectiveness. Actively manage and execute all financial transactional activities including account reconciliations between the supplier platform and SAP, monthly income statement preparations and related financial analysis. Resolve identified discrepancies, including payments recons and ensure all queries resolutions. Act as a liaison with the creditor payment team and the suppliers and ensure the correct payments are made and facilitate payment approvals thereof. Provide financial support with the analysis of supplier funding opportunities to support the operation as required. Ensure the accurate and timeous delivery of management report inputs. Prepare daily, weekly, and monthly financial transactional information as required and ensure compliant data storage and accessibility for future reference: reporting, customer request, audit, etc Responsible for the engagement with the platform IT service providers, facilitating incident management and ensuring resolution of incidents and ongoing improvements to enhance the Platform experience. Work closely with the audit function to ensure that all risks and related areas of reconciliations are identified for audit purposes – at all operational levels. Monitor, control, and support the platform service delivery, ensuring systems, methodologies, and procedures are in place and followed. Develop and maintain the credit risk procedure to ensure the recovery of loans advanced to suppliers as per the defined procedure. Manage operational risk by identifying risks and implementing mitigating risk controls. Ensure awareness of the relevant compliance framework and create stakeholder awareness by ensuring relevant compliance through monitoring and reporting. Ensure awareness, involvement, and support of all key stakeholders and cross-functional teams i.e., buyers, suppliers, Finance and various financial services functional areas by building strong functional teams and maintaining robust collaboration and communication. Identify and onboard new suppliers to support business growth and continuity. Build stakeholder’s platform knowledge by providing process, procedure, and system communications and facilitating ongoing improvements through automation, control implementation, and monitoring. Engage stakeholders and present business opportunities to enable the achievement of the business strategy. Actively share insights and information with relevant stakeholders – act as a financial services knowledge resource for functional teams and provide knowledge transfer to team members as necessary. Deliver exceptional service that exceeds the stakeholders’ expectations through proactive innovation and appropriate solutions. |
| Qualifications | Qualified Chartered Accountant (CA(SA)) BCom Finance, Commercial or equivalent |
| Experience | + 4 years of relevant experience in the Financial Services industry: operational process level in-store transactional activities and account reconciliations at a group level with IFRS, Tax, and VAT knowledge. Exposure to and an understanding of Corporate, Retail, and/or Customer interfacing environment in a similar role (non-sector specific). Solid Advanced Excel experience. Exposure to SAP. |
| Knowledge and Skills | Self-motivated and driven with strong integrity – take accountability for actions and mistakes. Independent problem solver and analytical thinker. Teamwork and positive partnerships – a strong team player. Operational efficiency – someone who can spread themselves across multiple tasks simultaneously by working smartly, efficiently, and effectively. Diligently staying on top of the details and understanding how they fit into the big picture. Financial accounting – applies accounting and tax concepts, financial statements, trial balance, and financial record-keeping process. Records financial transactions, compiles reports, and interrogates transactions. Ability to analyse and reconcile financial information and data. Business development – understands the sales cycle and processes within the context of the service offerings, including prospecting and the sales closing process. Integrates knowledge of the market and customer segmentation. Builds partnerships for new business opportunities. Displays a clear understanding of the company’s business development plan and objectives. Comprehends the importance of understanding market trends. Advanced technical calculation knowledge and application – applying range of mathematical concepts, operations, and relations accurately within a work context. Ability to formulate, represent, and solving problems numerical techniques. Creates tables and charts to solve or explain quantitative information. Exceptional communication – approachable with excellent listening skills, adopting a range of communication styles to facilitate successful outcomes within the team and cross-functionally in a matrix structure. Writing and reporting skills – understands the importance of accuracy, succinct messaging. An ongoing growth and learning mindset. Adapting and responding to change – ability to work under pressure and in a fast-paced, changing environment. Innovative and solution-orientated – creating and applying sound judgment and the ability to generate solutions that serve the flow of work and meet deadlines. Curious, goal-oriented, and highly selfmotivated with a passion for driving transformative change. Time management – ability to prioritise a high volume of activities simultaneously in an unpredictable environment. |
Management Accountant
| Closing Date | 2024/05/03 |
| Reference Number | SHO240423-3 |
| Job Title | Management Accountant |
| Job Type | Permanent |
| Location – Country | South Africa |
| Location – Province | Western Cape |
| Location – Town or City | Brackenfell |
| Purpose of the Job | The Management Accountant at OK Franchise Division plays a critical role in overseeing financial operations, budget management, contract administration, and expenditure analysis within the franchise division of the Shoprite Group of Companies.This position requires specialised knowledge in financial management within the context of franchise operations. |
| Job Advert Details | |
| Job Category | Finance |
| 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. |
All the best with your applications.
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