Main Purpose:
To deliver all the required accounting reconciliations and controls to ensure effective and accurate payments to property suppliers
.
Key Responsibilities:
- Implement effective financial processes relating to loading lease information in oracle and actioning property (including utilities) payments
- Accountability for the reconciliation of relevant General Ledger accounts in accordance with IFRS/GAAP and WW financial principles
- Ensure fully reconciled and detailed provisions for all accounts within the creditors environment
- Managing all the required systems interventions for administering all payments e.g. approving payment templates
- Compliance with best practice internal controls and accounting practices, including implementing a system of Control Risk Self-Assessment (CRSA)
- Ensure that sub-ledgers are compliant with the rigors of audit to substantiate values in the balance sheet
- Ensure proper working of the EFT payment process, including setting parameters for payment runs and confirming payments status
- Prepare timeous management reporting in line with best practice
- Ensure integrity and control around Master Data Maintenance, including leases supplier terms, banking details, etc.
- Problem resolution including logging of all incidents and following through to ensure resolution
- Manage relationship with Landlords to ensure leasing agreements are adhered to
- Support the compilation of branch turnover certificates annually for review by internal audit
- Review Rates calculations performed and provide support in resolving any disputes
- Work with Central accounting – Properties Transactional and Sundry Debtors team to ensure timeous payments and recovery of monies
Key Competencies:
Technical Skills:
- B. Comm or equivalent
- 4 years financial management experience in an Accounting environment / Articles
- Understanding of properties processes, systems and leases
- Sound understanding of IFRS/GAAP / WW Financial Principles and accounting processes
- Able to effectively use Excel and Oracle financial system and reporting tools e.g. Cognos, Hyperion, Qlikview, etc
- Able to apply accounting knowledge and solve problems in large, complex IT driven accounting environment and to process large volumes of financial
Behavioral Skills:
- Personal Effectiveness
- Passion for the brand and customers
- Thinking strategically and commercially
- Leading Transformation
- Connecting people
- Delivering high performance
- Having a merchant mindset
- Making insightful business decisions
- Driving quality
- Planning and organising
“As a proud South African brand, Woolworths is committed to transformation. Meeting our employment equity goals will be taken into account in our recruitment decisions.”
Closing date: 26 March 2021
Desired Skills:
- Please refer to above key competencies