Woolworths is looking for an accountant to work in Cape Town. You’ll require a degree in accounting and 3-4 years of work experience. The position will require the ability to master Excel and work with massive datasets. If you are a fan of financial puzzles, Apply before the 30 April 2025. Are you ready to join a prestigious team? Look at the information below.
Information for Accountant Job in Woolworths
- Organization- Woolworths
- Position- Accountant
- Location- Cape Town
- Reference Number- woolw_001172
- Closing Date- 30 April 2025
Introduction
To provide the business with accurate recording, processing, monitoring and reporting of all assets and liabilities within the function. To deliver the Central Accounting function ensuring all assets and liabilities are fairly stated and profit/loss amounts are accurately and timeously recorded.
Job description
- Deliver prepayments, accruals and other month end journals to ensure expenses and income are accurately and timeously recorded.
- Maintain schedule of all finance leases and calculations to ensure that leases are accounted for in accordance with accounting standards.
- Complete monthly manual billing calculations and assist in resolving issues.
- Complete monthly reconciliations with reconciling differences clearly highlighted and timeously resolved.
- Complete monthly Working Capital for Board Pack Review.
- Complete settlement discount reallocation monthly.
- Complete monthly inter-company reconciliations with reconciling differences clearly highlighted and timeously resolved.
- Complete intercompany VAT calculation and billing monthly.
- Management Reporting
- Deliver specific monthly management reporting for the Central Accounting department, including performance measures (KPI’s), statistical and operational reports.
- Ensure fully reconciled Balance Sheet accounts and ensure that all impairment provisions are made.
- Ensure fully reconciled Balance Sheet account recon for intercompany accounts with all variances identified.
- Maintain up-to-date knowledge of current accounting trends and ensure compliance with IFRS.
- Continuously identify opportunities to improve and streamline finance processes, in particular focusing on minimising manual processes.
- Understand internal financial controls and ensure operating effectively.
- Maintain the finance policy manual and provide input into finance policies, principles and procedures.
- Manage delivery of audit requirements and ensure all audit points are timeously resolved or commented on.
- Monitor current systems and controls related to assets and capital expenditure to ensure compliance with procedures and to raise concerns regarding non-compliance.
Minimum requirements
- Accounting degree or Diploma (B.com or equivalent)
- Financial Modelling Skills
- Sound understanding of accounting processes and control requirements
- 3-4 years’ experience in an accounting environment
- Ability to document and implement financial processes in a large organisation
- Strong excel skills and the ability to work with large volume of data
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