Financial Accountant Power Fashion Durban
At a glance
Mid-level Accounting role at Fa Etyi Saasfaprod1. Durban.
Pay not stated Accounting salary
financeroles summary, based on the employer's posting.
What you'll do
- Record financial activity in the general ledger, checking that entries support accurate profit, asset, liability and capital spending reports
- Prepare statutory payments and reconcile ledger balances to produce profit and loss reporting
- Release supplier payments after checking invoices against statements and required regulatory details
- Complete monthly balance sheet checks, investigate mismatches and meet group reporting requirements
- Supervise creditors and cash book staff, support budgeting, and resolve cash or supplier queries with partner teams
What you bring
- A BCom or equivalent degree in accounting
- Three to five years across financial accounting, budgeting and team supervision
- Advanced Microsoft Office skills, including Word, Excel, PowerPoint and Outlook, plus familiarity with internal systems and retail
Who this fits
This role suits an accountant ready to supervise creditors and cash book teams, including day-to-day oversight of four associates. You’ll be based in Durban, South Africa.
From the employer
Power Fashion has an exciting career opportunity available within our Power Fashion Finance department for a Financial Accountant. If you are an ambitious, meticulous individual who is looking for a role that will allow you to grow and learn within the Finance function, then this is the role for you.
Purpose
Contribute to the development and implementation of group finance accounting systems, policies and procedures. Support the division through the collection, processing, recording, reconciliation and reporting of financial data, verifying the validity, completeness and accuracy.
Information Processing
- Capture and process all financial information on the general ledger to ensure that profitability of business is maintained, record status of liabilities and assets and to report on capex.
Statutory Fulfilment
- Payment of VAT; SARS and other statutory requirements to ensure compliance to statute.
- Reconcile the general ledger to report on profit and loss.
Payments
- Approve and release payments to suppliers ensuring that invoices appear on statements and contain correct regulatory information.
Reconciliations
- Complete monthly Balance Sheet reconciliations. Raise queries where accounts do not balance and ensure compliance with MRPG Reporting requirements.
- Supervisory responsibility for creditors & cash book teams.
Budget
- Assist in preparation of annual budget submission. Eg. Department budgets review & capture.
General administration
- Management of motor vehicle fleet renewals.
- Loading monthly sales budgets.
- Other general admin required within the division from time to time.
Team supervision
- Team supervisor for creditors & cash book teams.
- Day to day staff management for 4 associates.
- Work closely with Risk & Operations team to ensure cash is well managed
- Work with Merch & DC team to resolve any PO, GRN & supplier related queries that need resolution.
Education:
- BCom or equivalent accounting degree
Experience:
- 3 - 5 years’ experience across financial accounting, budgets, and team supervision.
Knowledge & Attributes
- Advanced Microsoft office (word, excel, PowerPoint, outlook), Internal Systems
- Retail Knowledge
Mr Price Group is an equal opportunity employer and is committed to Employment Equity.
Accounting work from LinkedIn, X, Reddit and Upwork, in one list.
Each morning you get everything that fits, strongest first.
Accounting
Find me workBy the team behind financeroles.