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:

CA(SA)
Location: Cape Town
Salary: 600 000 Annually
Ready for a role where your expertise can make a real difference? Join a well-established South African organisation with a strong reputation, proven track record, and a culture that values its people. As a CA(SA), you’ll take ownership of the full finance function, lead a capable team, and have the opportunity to influence the business beyond the numbers. If you’re looking for stabili...
2 days ago

CA(SA)
Location: Cape Town
Salary: 600 000 Annually
Join one of South Africa’s most established and respected organisations and take the lead in a key finance role within a stable, high-performing business. As a CA(SA), you’ll have the opportunity to oversee the full accounting function, lead an experienced finance team, and play a strategic role in driving the continued success of the organisation. With a strong market presence, suppor...
2 days ago

Senior Financial Accountant
Location: Capetown
Salary: Market Related Salary
Senior Financial accountant
12 days ago

Chartered Accountant (CA)
Location: Cape Town
Salary: 600 000 Annually
Are you an ambitious CA(SA) ready to take ownership of a full finance function within a financially stable, high-performing organisation? This is an exciting opportunity to join an industry leader where your expertise will directly influence business strategy, profitability, and long-term growth. If you're looking for a role that offers career progression, financial stability, and the opportunity ...
13 days ago

CA (SA)
Location: Cape Town
Salary: 600 000 Annually
Join one of South Africa's most established and respected organizations, recognized for its stability, strong market presence, and people-first culture. This is an exciting opportunity for an experienced CA(SA) to take ownership of the full accounting function, lead a high-performing finance team, and make a meaningful impact within a well-established business. If you're looking for long-term care...
17 days ago

Financial Accountant (Retail)
Location: Stellenbosch
Salary:
3 days ago

Business Development Executive: Financial Services
Location: Cape Town
Salary: 900 000 Annually
A respected investment firm is expanding its retail sales team and is looking for two ambitious Business Development Executives to drive growth across their regions. This is a relationship-led role where you'll partner with financial advisers, identify new business opportunities, and help clients grow their investment portfolios. If you're passionate about investments, enjoy being in front of clie...
3 days ago

Business Development Executive: Financial Services
Location: Cape Town
Salary: 900 000 Annually
A respected investment firm is expanding its retail sales team and is looking for two ambitious Business Development Executives to drive growth across their regions. This is a relationship-led role where you'll partner with financial advisers, identify new business opportunities, and help clients grow their investment portfolios. If you're passionate about investments, enjoy being in front of clie...
3 days ago

Accountant
Location: Cape Town
Salary: 420 000 Annually
Our client is an established manufacturing company with a strong presence in its industry. They are seeking an experienced accountant to join their finance team. The successful candidate will be responsible for maintaining accurate financial records, supporting month-end reporting, and providing financial support and insights to management.
4 days ago

Business Development Executive: Financial Services
Location: Cape Town
Salary: 900 000 Annually
A leading South African investment and asset management business is seeking two experienced Business Development Executives to join its growing retail distribution team.This role is ideal for a commercially driven investment professional with an established network of Independent Financial Advisors (IFAs), financial planners, and intermediaries. You will be responsible for developing and strengthe...
4 days ago

Lease Accountant - Retail Industry

Similar jobs you might be interested in:

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