Retail Company Bookkeeper

SUMMARY:
We are requiring your Bookkeeping experience working for a group of retail stores managing their accounting function from head office.
 
Our client based in Maitland, an importer of high-quality fashionwear for several boutique stores requires your excellent financial acumen and accuracy to add value to their well-established business producing management accounts and managing the full financial function.

POSITION INFO:
REQUIREMENTS

• Accounting qualification
• Minimum 5 years’ experience
• Good team player with accuracy being of utmost importance
• Experience working on a cost of sales retail software
• Working with foreign currency
• Experience completing management accounts and annual financial statements

DUTIES

• Daily Bookkeeping up to TB
• Send purchase invoices from retail software system to XERO
• Check banking and reconcile cash up reports
• Print daily POS sales reports and check discounts, notifying management
• Maintain schedule of customers with “special arrangements”
• Reconcile debtors’ payments, PayGate/Pay-Just-Now payments
• Provide bank shipping documents & invoices matched to forex payments for release
• Reconciliation of bank accounts, loan accounts, and creditors, including forex payments
• Review and process Exception Reports – provide to management once reviewed
• Check GP% on retail software and notify management of material variances
• Double check price lists and spot check retail software ensuring inputs are correct.
• Load creditor payments, payroll function, submission of PAYE to SARS
• Calculate royalties, Intercompany reconciliations, inventory transfers, loan accounts
• Calculate debtors’ interest, invoice and issue debtors’ statements
• Processing/reconciling credit cards, check petrol cards, reconcile petty cash
• Update Sales Target reports for the retail stores from shared retail software portal
• Prepare and analyse management accounts
• VAT calculations, VAT201 submissions, VAT payments, VAT reviews and audits
• Check banking and reconcile cash-up reports for CPT retail stores
• Review insurance schedules against assets insured
• Monthly expense control, oversee cash management activities, cash flow reports
• Calculate and finalise rep. commissions
• Prepare and analyse budgets (including variances) for the company
• Liaise with external auditors in preparing year-end AFS, CIPC submissions for all entities
• Maintain and update fixed asset register, process depreciation journals.
• Review debtors/creditors contracts
• Provide bank with management accounts, AFS as requested from time to time
• Monthly accounting function flow diagram with daily/ weekly/ monthly/ annuals duties
• Reconciliation of bank accounts, loan accounts, creditors & forex payments
• Review and process Exception Reports – provide to management once reviewed.
• Check GP% on retail software and notify management of material variances.
• Double check price lists and spot check to ensure that inputs are correct.
• Month-end: reconcile all credit cards and cash banking, process credit requests

Salary: R38k negotiable dependent on experience

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