Ackermans - Financial Clerk vacancy

Job Advert 

As the Finance Clerk within the Revenue team at Ackermans' Cape Town office, you will be responsible for the analysis and reconciliation of the store revenue transactions.

Ackermans, with over 600 stores in 5 countries, is a key part of the Steinhoff Group, with 100 years of success behind us, Ackermans continues to expand and innovate. We are developing an “Agile” values driven culture to ensure we continue to be a leading value fashion retailer for the whole family – continuously setting the standard for value and affordability.

Reporting to the Accountant: Revenue, you will be part of a structured and vibrant Finance team.

If you have a strong analytical ability, strong numerical skills and the ability to work under extreme pressure, consider this to be an opportunity to invest and grow your career.

Qualifications Essential:

- Grade 12 (Accountancy and/ or Mathematics)
- Relevant Tertiary Qualification preferred (Certificate/ Diploma/ Degree)

Knowledge, Skills and Experience KNOWLEDGE required:

- Financial Reconciliations
- Balancing stores sales to point of sale in the stores
- Good knowledge of financial administration and basic accounting principles and their application (debits, credits, journals, reconciliations)

SKILLS required:

- Computer skills, intermediate to advanced Excel
- Communication skills (verbal and written)
- Interpersonal skills
- Attention to detail
- Above average numerical ability
- Deadline driven
- Analytical thinking
- Ability to work under pressure
- Able to deal with large volumes of work

Experience Required

- Previous finance administration experience, including strong reconciliation experience
- Retail experience preferred

Key Responsibilities Reconciliation

•Cash
- Perform daily reconciliation of the cash bankable amount per store to the bank statement amount (On the reconciliation system)
- Follow up on all expectations with banks & CIT company
- Correct, re-assign and release deposits with incorrect store reference numbers for assigned stores.
- Prepare & post journals for unmapped bank entries not posted by Recon Clerk.

•Card
- Perform daily reconciliation of all the card transactions between the third parties and Point of sale information
- Follow up on all exceptions with banks, Gift card provider & Tenacity

• GL Reconciliation
- Perform all revenue General Ledger reconciliations (excluding bank accounts)
- Analyse the root cause of all reconciliation variances & conclude appropriate corrective system action required.

• Sales Clearing
- Perform weekly balancing of sales clearing General Ledger account
- Follow up on all exceptions with banks, Gift card provider & Tenacity & the finance administrator


Administration

• Buy aid
- Prepare the buy aid statements to submit to the systems administrator (The Systems Administrator submits it to the capturing bureau)
- Correct the buy aid capturing bureau’s journal errors
- Prepare & post monthly buy aid commission journals

• Internal Audit
- Confirm the stores’ banking status with the internal audit team

• Record Keeping
- File away all the business documents & save electronic documents on the assigned finance folders

• Journals
- Prepare of ad hoc journals are according to smart stream requirements

• Trend analysis
- Identify trends in cash & card reconciliations differences noted on the reconciliation system

Queries

• Investigate and resolve A-Plus transaction queries logged via the Tenacity call centre
• Adjust Recon Assist or journalise the A-Plus transactions corrections to the loan accounts as required
• Investigate & resolve ad hoc customer disputes & queries logged via the Tenacity call centre

How to apply for this:

APPLY HERE

Closing date : 05-06-2017