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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