Lease Accountant - Retail Industry

 

Recruiter:

CME Recruitment

Job Ref:

CPT000131/CR

Date posted:

Monday, April 12, 2021

Location:

Capetown, South Africa


SUMMARY:
Our client and leader within the Retail Industry are looking for a qualified Leasing Accountant with experience gained within the retail sector.

POSITION INFO:
You will be supporting the IFRS 16 Lease Accounting team in all activities connected to the right-of-use asset and lease liability valuation and day to day modifications of accounting entries to maintain compliance with IFRS 16.

Education:

  • BCom Finance, Commercial or equivalent
  •  years relevant experience in a financial role with IFRS 16 experience (NON-NEGOTIABLE)
  •  years of experience gained within a corporate and retail  environment
  • Solid Advanced Excel Microsoft Office 365 - Outlook, Excel, Word, PowerPoint Accounting package exposure to SAP
  • SAP RE-FX Exposure to Google applications (Gmail, sheets, docs etc.)

The Role:
  • Support and actively participate in all lease accounting related activities
  • Account reconciliations
  • Queries and reporting
  • Management reports
  • Prepare all financial reports related to the Leasing department
  • Assist with projects
  • Effectively partake and give feedback in Management meetings
  • Assist the Financial Manager: Lease Accounting in preparing communication and providing support to business regarding various leasing queries and controls and provide them with the necessary guidance.
  • Work closely with the audit function to ensure that all risks and related areas of reconciliations are identified for audit purposes.
  • Communicate with, participate in, and support all audit activities and closing of findings etc
  • Actively share insights and information with relevant stakeholders
    Assist the Lease Accounting team to act as leasing knowledge resource to business.
  • Process property contract changes and apply the correct valuation changes accordingly.
  • Review ROI or other indicators as prescribed and apply business rules to determine the renewal options for selection.
    Perform the valuation process including: executing the valuation simulation and reviewing the valuation cash flow before valuation postings.
  • Update the valuation postings and review accounting entries.
  • Complete the required reconciliations between rental payments and Lease Liability clearances.
  • Coordinate business requests to conduct continuous investigations of rental payments with consideration to potential IFRS 16 leases.
  • Ensure complete accounting of IFRS 16 leases
  • Work with relevant business stakeholders to obtain the relevant declaration of review of non-IFRS 16 accounts.
  • Perform reporting on Right of Use Asset and Lease Liability and conduct the necessary analysis of the results to perform reasonability checks (i.e. Impairments, Depreciation)
  • Complete all electronic uploads and related reconciliations
  • Complete Annual Financial Statement disclosure
PLEASE ENSURE YOU COMPLETE THE FULL APPLICATION IN ORDER TO BE CONSIDERED FOR THE ROLE

 

NB! This job is now closed. You can apply for other jobs by uploading your CV.


 

 

 

Similar jobs you might be interested in:

Financial Assistant
Location: Cape Town
Salary: 220 000 Annually
Our client that is a household name is looking for an experienced Financial Administrator. The family office where HQ is based is adding to the team. If you are looking for your next adventure apply today!
9 days ago


Financial Manager
Location: Cape Town
Salary:
Behind every enduring brand is a finance team that knows exactly how the business ticks. Our client is a well‑established manufacturing and FMCG operation looking for a Financial Manager to work closely with the Executive team, driving insight across costings, manufacturing finance, governance and strategic decision‑making. For a CA(SA) or CIMA professional ready to step into a leadership role...
2 days ago


Bookkeeper / Junior Finance Manager
Location: Stellenbosch
Salary: 360 000 Annually
A dynamic company is seeking a detail‑driven Bookkeeper / Junior Finance Manager to join their team in Stellenbosch. This is an excellent opportunity for someone with strong full‑function finance experience who is ready to step into a leadership role.
7 days ago


Accountant
Location: Stellenbosch
Salary: 300 000
Are you a detail-driven accountant who thrives in a fast-paced retail environment? Do you enjoy hands-on involvement with stock, reconciliations, and financial reporting? We are looking for a dynamic and meticulous accountant to join a well-established hardware retail business, where accuracy, organisation, and strong systems understanding are key to success.
15 days ago


Financial Manager
Location: Cape Town
Salary: 1 200 000 Annually
Behind every enduring brand is a finance team that knows exactly how the business ticks. Our client is a well‑established manufacturing and FMCG operation looking for a Financial Manager to work closely with the Executive team, driving insight across costings, manufacturing finance, governance and strategic decision‑making. For a CA(SA) or CIMA professional ready to step into a leadership role...
16 days ago


Accountant
Location: Stellenbosch
Salary: 360 000 Annually
Are you a detail-driven accountant who thrives in a fast-paced retail environment? Do you enjoy hands-on involvement with stock, reconciliations, and financial reporting? We are looking for a dynamic and meticulous accountant to join a well-established hardware retail business, where accuracy, organisation, and strong systems understanding are key to success.
16 days ago


Accountant
Location: Stellenbosch
Salary: 360 000 Annually
Are you a detail-driven accountant who thrives in a fast-paced retail environment? Do you enjoy hands-on involvement with stock, reconciliations, and financial reporting? We are looking for a dynamic and meticulous accountant to join a well-established hardware retail business, where accuracy, organisation, and strong systems understanding are key to success.
16 days ago


Accountant
Location: Stellenbosch
Salary: 360 000
We’re looking for a driven and detail-oriented accountant to join a busy, high-volume retail operation. This role suits someone who enjoys being close to the numbers and the day-to-day running of the business, with a strong grasp of stock, supplier accounts, and sales processes.In this position, you’ll take ownership of core accounting functions, ensuring accurate financial records, sm...
22 days ago


Bookkeeper
Location: Stellenbosch
Salary: 360 000 Annually
A well-established retail business is looking for a hands-on Bookkeeper to take ownership of the full-finance function.This role offers direct exposure to senior leadership and responsibility for both operational and people management.This is an exciting opportunity for growth into a broader group finance role.
22 days ago


Accountant
Location: Stellenbosch
Salary: 360 000 Annually
An exciting, hands‑on accounting role in the fast‑paced, high‑volume retail industry. Offering the right candidate strong exposure to inventory control and supplier reconciliations, while playing a key role in supporting both dynamic in‑store operations and growing online sales channels.
23 days ago


Create a free job alert for Lease Accountant - Retail Industry in Capetown

Enter your email address below and we will email you similar jobs when they become available:

You can cancel at any time. We will not spam you.
By giving us your email address your agree to our Terms and Conditions

 

Jobseekers

Register your CV
Search jobs
Job alerts
CV writing
Blog

Recruiter

Advertise jobs
Search the CV database
How to Write a Job Description

General

Company a-z
Partners
About us
Disclaimer
Terms and conditions
Privacy policy
Cookie policy
POPIA manual
Unsubscribe
Site Map

© Copyright 2026 Executive Placements. All Rights Reserved.