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Fixed Asset Clerk
| Closing Date | 2024/11/22 |
| Reference Number | SHO241115-5 |
| Job Title | Fixed Asset Clerk |
| 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 Fixed Assets Clerk is to execute the day-to-day management of fixed assets. The role is accountable for recording the costs of newly-acquired fixed assets (both tangible and intangible), tracking existing fixed assets and accounting for the disposal of fixed assets. Under the supervision of the Fixed Asset Accountant, the role also helps with ensuring the integrity of the database, in conjunction with the Finance team.
Job Advert Details
Job Category Accounting
Job Objectives
Record fixed asset acquisitions and disposals on SAP.
Daily clearing of the asset additions account.
Liase with divisions for the prompt clearing of assets from the fixed asset control accounts.
Distinguish between assets and expenditure to make sure only assets are capitalized.
Review information received from divisions to ensure the correct asset classification and descriptions are used.
Creation of fixed asset master files.
Transfer of assets in the asset register.
Assist with weekly flash sales.
Provide support to the fixed assets team with audits.
Follow up with divisions to clear and resolve any asset related queries.
Perform ad hoc duties as given by the fixed asset accountant.
Qualifications
Grade 12 with accounting or equivalent – (essential).
Accounting certificate, diploma or equivalent – (preferred).
Experience
+1 years of relevant experience in a financial, administrative or similar role – (essential).
Exposure to and an understanding of corporate and retail-orientated environments – (preferred).
Knowledge and Skills
Microsoft Office 365 – Outlook, Excel – (essential).
Working knowledge of SAP Fixed Assets Module or similar systems (essential).
Self-motivated and driven with strong integrity – take accountability for actions and mistakes.
Working with people – friendly personality with the ability to build trusting relationships with suppliers and other stakeholders.
Teamwork and positive partnerships – a strong team player and partnering skills.
Working with numbers – comfortable with numbers and reconciliations.
Planning and organizing, 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.
Time management – ability to prioritize a high volume of activities simultaneously.
Attention to detail – able to spot mistakes in own work and the work of others.
Strong communication – ability to communicate effectively and clearly and to use discretion regarding what information needs to be shared with various stakeholders, including problem reporting to management.
Writing and reporting skills – understands the importance of accuracy, succinct messaging.
Adapting and responding to change – able to work under pressure and in a fast paced, changing environment.
Lease Accountant
| Closing Date | 2024/11/20 |
| Reference Number | SHO241113-5 |
| Job Title | Lease Accountant |
| 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 Lease Accountant role is to manage all activities connected to the IFRS16 right of use asset and lease liability valuation. The role manages the day-to-day modifications to ensure that accounting entries comply with IFRS16. The role manages stakeholder relationships with the Contract Management team and needs to be comfortable with contract interpretation on aspects that impact IFRS16. The Lease Accountant reports on how IFRS16 impacts the financial results and provides assurance in terms of the valuation impacting parameters. The role maintains SAP conditions to ensure that the required accounting result is achieved. The role also provides support with a variety of activities like collecting and collating information to enable the team to deliver against expected quality standards, levels of accuracy and timelines.
Job Advert Details
Job Category Finance
Job Objectives
Managing and Review of Business Rules with regards to IFRS16 valuation (in conjunction with the
Contract Management Team).
Stakeholder engagement on managing of Business rules with the Contract Management team, queries from DFM’s or Reporting Teams and the auditing function.
Maintaining the Business Rules on the SAP solution to ensure accurate valuations.
Managing contract changes and apply the correct valuation changes accordingly
Reviewing valuation rules based on daily modifications and make the necessary changes
Reviewing profitability and apply business rules to determine the renewal options to be selected
IBR application.
Performing Valuations (Executing valuation simulation, Reviewing valuation cash flow).
Updating valuation postings and review accounting entries.
Reconciling between rental payment and clearing of Lease Liability.
Continuously investigating rental payments and considering potential IFRS16 leases.
Manage Impairments of Right of Use (RE-FX) assets on SAP after collaboration with Group Finance.
Reporting on Right of Use Asset and Lease Liability.
Calculation and submission of budgeted figures for the next financial period for the Group. Manual calculation required where system solutions are unavailable.
Forecasting the accounts and balances for future periods as required by budgeting process.
Performing analytical analysis against the budget (budget vs actual review)
Analysing the results and perform reasonability checks (i.e., Impairments, Depreciation)
Assist the Lease accounting team to apply and improve IFC’s
Where necessary perform UAT or assist on projects relating to IFRS16
BPC Uploads and reconciliations.
Support activities and inputs for budgeting and forecasting, as requested.
Support activities and inputs related to the Annual Financial Statement disclosure.
Qualifications
B.Com honours or equivalent qualification with completed SAICA articles.
Qualified Chartered Accountant (CA(SA)) or in progress to qualify.
Experience
+4 years in an Accounting or equivalent role, managing all activities connected to the IFRS16 right of use asset and lease liability valuationAble to work with high volumes of data and with tight deadlines..
Experience within the FMCG, retail sector or similar
Knowledge and Skills
Able to work with high volumes of data and with tight deadlines.
Post article relevant experience in a financial Group setting with exposure to applying financial risk and control frameworks and relevant remediation or similar role.
Expert knowledge on IFRS16.
Experience working on SAP (general) as well as Fixed Assets and RE-FX modules.
Exposure to currency impacts for Lease Liability revaluations.
Personal drive and energy with strong integrity – takes accountability for actions and mistakes.
Motivated self-starter with the ability to cut through complex issues.
Independent and proactive problem solver and analytical thinker – understand and analyse the risks of complex financial processes with strong basis on accounting principles.
Collaborative partnering – build relationships both internally and externally. Open, honest and direct, is comfortable in giving and receiving constructive feedback. Think and act independently as well as collaboratively.
Confident communication – the ability to provide inputs that test and influence decision making at various levels of the organisation.
Strong Report Writing – applying accurate and succinct messaging.
Trainee Accountant (SAICA)
| Closing Date | 2024/11/28 |
| Reference Number | SHO241113-4 |
| Job Title | Trainee Accountant (SAICA) |
| Job Type | Permanent |
| Location – Country | South Africa |
| Location – Province | Western Cape |
| Location – Town or City | Brackenfell, Cape Town |
Quick learner with strong attention to detail, and the ability to apply business processes and financial systems and their impact on financial risks and controls.
Time management – ability to prioritise a high volume of activities simultaneously in an unpredictable environment.
Adapting and responding to change – Ability to work under pressure in a fast paced, changing environment.
Financial Accounting expertise – curiosity to research best practices and an ongoing learning mindset.
Innovative and solution-orientated – creating and applying sound judgment and the ability to generate solutions that serves the flow of work, quality and the respective risk mitigation requirements.
Purpose of the Job
Apply for an exciting opportunity to complete your South African Institute of Chartered Accountants (SAICA) training contract with us via the Shoprite Trainee Accountant Programme. Through this programme, we aim to attract the leaders of tomorrow by giving them the opportunity to grow personally and professionally and become part of our team upon completing their studies.
Job Advert Details
Job Category Finance
Job Objectives
Throughout their journey at the Shoprite Group, our trainees receive valuable exposure across the business through on-the-job training that is specific to each trainee’s individual development needs. The programme provides dedicated mentorship and all the academic support you need in preparation for the SAICA Assessment of Professional Competence (APC) exam and to develop as a well-rounded successful CA.
Qualifications
Final year student who is enrolled towards the completion of a Postgraduate Diploma in Accounting (PGDA)/Certificate in Theory of Accounting (CTA) or Honours in Accounting at a relevant SAICA accredited university.
Experience
Individuals who have graduated with an Honours in Accounting,PGDA or CTA, and are eligible to write or have passed the SAICA ITC board exam.
Knowledge and Skills
As per above
Trainee Accountant – SAICA Training Contract
| Closing Date | 2025/11/30 |
| Reference Number | SHO240902-10 |
| Job Title | Trainee Accountant – SAICA Training Contract |
| Job Type | Permanent |
| Location – Country | South Africa |
| Location – Province | Western Cape |
| Location – Town or City | Brackenfell, Cape Town |
Purpose of the Job
Apply for an exciting opportunity to complete your South African Institute of Chartered Accountants (SAICA) training contract with us via the Shoprite Trainee Accountant Programme. Through this programme, we aim to attract the leaders of tomorrow by giving them the opportunity to grow personally and professionally and become part of our team upon completing their studies.
Throughout their journey at the Shoprite Group, our trainees receive valuable exposure across the business through on-the-job training that is specific to each trainee’s individual development needs. The programme provides dedicated mentorship and all the academic support you need in preparation for the SAICA Assessment of Professional Competence (APC) exam and to develop as a well-rounded successful CA.
Job Advert Details
Job Category Finance
Qualifications
Essential
Final year student who is enrolled towards the completion of a Postgraduate Diploma in Accounting (PGDA)/Certificate in Theory of Accounting (CTA) or Honours in Accounting at a relevant SAICA accredited university.
Individuals who have graduated with an Honours in Accounting,PGDA or CTA, and are eligible to write or have passed the SAICA ITC board exam.
All the best with your applications
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