South Africa Job Openings
Shoprite Group
Accountant - Food Buying
Brackenfell
FULL TIME
October 14, 2024
Closing Date
2024/10/21
Reference Number
SHO241014-2
Job Title
Accountant - Food Buying
Job Type
Permanent
Location - Country
South Africa
Location - Province
Western Cape
Location - Town or City
Brackenfell, Cape Town
Purpose of the Job
The Foods Buying department is seeking a young, dynamic accountant to join their Finance team at the Home Office in Brackenfell. The Buyers Accountant will play a critical role in supporting senior management with financial reporting and process improvements, contributing to new ideas and innovative ways of working. The role ensures that finance operations align with departmental activities to secure negotiated income and enforce effective controls and risk mitigation processes.
Job Advert Details
Job Category
Food Service
Job Objectives
- Prepare monthly management report to senior management.
- Analyse and investigate anomalies in both front-end and back-end profit margins.
- Assist in negotiating annual trade terms.
- Ensure accurate contract and billing creation on SAP.
- Assist management and buyers with ad hoc queries.
- Support management in the preparation and compilation of annual budgets
- Accurately capture, calculate and record trading terms and ensure monies are timeously collected and
- Manage and control the collecting of promotional funding and advertising
- Track, coordinate and monitor all condition contracts, ensuring the respective team members comply with accurate capturing of contract types, profit center allocation, date ranges and conditions, timeously executed and errors identified and referred for processing and
- Maintain and communicate list of swell
- Execute swell income vs wastage reporting into the operational
- Prepare for monthly financial meetings and execute all related reporting
- Track and report on all financial performance measurements including sales, GP, advertising recoupment and promotional
- Perform promotional profitability analyses across the various supermarket
- Perform data driven analyses of operational matters that have financial impact on the
- Build forecast models on new ways of negotiating and returns achievable to assist the buying team
- Develop and maintain a spend tracker to monitor income from
- Develop and execute processes to monitor and recover uncollected
- Prepare monthly management report to senior
- Analyse and investigate anomalies in both front-end and back-end profit
- Assist in negotiating annual trade
- Ensure accurate contract and billing creation on
- Assist management and buyers with ad hoc
- Support management in the preparation and compilation of annual budgets
- Support Divisional Managers with reporting and analysis as and when
- Responsible for financial processes in the buying team related to condition contracts, trading terms and pricing
- Manage and maintain related shared documents and access on shared
- Support buying and marketing teams in the execution of all financial related processes and
- Engage with various and multiple stakeholders (both financial and operational) across the business to ensure alignment on execution and business
- Support the Head Buyer with driving and maintaining corporate governance of contracts, resolutions and authorisations.
Qualifications
- Diploma/Degree in Finance or Accounting or related fields - (essential).
Experience
- +2 years experience in financial orientated or accounting role with demonstrable experience in a retail buying, commercial or similar environment - (essential)
Knowledge and Skills
- Comprehensive understanding of and experience with financial monthly processes, internal controls, financial reporting, reconciliations and disciplines - (essential).
- Thorough understanding of financial retail fundamentals - (highly preferred)
- Strong knowledge and application of accounting package systems and software (e.g., SAP, Pastel).
- Proficiency in MS Office 365 with an advanced level of Excel skill - (essential)
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