Shoprite Group Accounting / Finance Jobs in Cape Town
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About the role
The purpose of a People Accountant is to provide financial expertise and support to the People function by managing employee-related financial processes, reporting, budgeting, forecasting, and Total Cost of Employment (TCE) analysis.
The role ensures accurate financial information, alignment of financial policies and processes, compliance with governance requirements, and informed decision-making through collaboration with People, Finance, and other stakeholders.
What you'll do
Employee Centric Delivery
- Support and execute the finance function for the People function and ensuring that finance activities are executed in line with policies and procedures.
- Partner with the People Partners and Business Finance Managers.
- Managing the accurate and timeous delivery of management report inputs. Preparing daily, weekly, and monthly financial transactional information as required and ensuring compliant data storage and accessibility for future reference: reporting, customer request, audit etc.
- Assisting and coordinating divisional People and HO Departmental Budgets.
- Supporting the management of the People budget for the Group.
- Support the ensuring of effective cost controls and monitoring mechanisms.
- Providing creditor, reconciliation, and payment-related activities for the People function.
- Actively sharing insights and information with the People HO team and acting as a financial knowledge resource for local people teams.
- Preparation and provision of cost of employment reports for various functional areas within the business.[WE1.1][AA1.2]
- Support the management of employee-related liabilities i.e., leave, workman compensation and accruals (financial transaction entries) according to the correct companies and profit centres.
- Supporting the People function with various administrative inputs and costing analysis to build People optimisation trend and forecasting models.
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Financial, Reporting & BI
- Managing People Finance costs whilst ensuring service delivery to the business.
- The collection and use of People Finance data and business intelligence to effectively deliver People Finance services.
- Prepare regular reports and presentations for senior management
- Ensures the accuracy of financial data and reports
- Analysing and tracking the total cost of employment for the entire business.
- Develop and maintain financial models and tools to support the analysis of TCE
- Preparation of Income Statements
- Preparation of Budgets for the People Team.
- Preparation of Month-end Journals.
Governance & Compliance
- Ensuring that People Finance complies with relevant labour relations frameworks and legislation.
- Ensuring compliance to organisational and legislative governance frameworks and standards.
- Ensuring the required governance and alignment of People Finance solutions and services within the Shoprite Group.
- Identification and mitigation of People Finance risks.
- Stay up to date with changes in accounting standards and regulations related to employee-related costs.
Future-Fit
- Working closely with the audit function to ensure that all risks and related areas of reconciliations are identified for audit purposes - at an in-store, Divisional and Head Office level and communicating with, participating in and supporting all audit activities and closing of findings etc.
- Providing support during the implementation and streamlining of finance systems and procedures through automation, control implementation and monitoring.
- Ensuring integration and effective flow of work with other solution areas and business.
- Identifying opportunities for continuous improvement in People Finance processes.
- Identification of relevant People Finance technology requirements where required.
What you bring
- Degree in Accounting or equivalent - (essential).
- +5 years in an Accounting or equivalent role, providing HR Finance support according to policies, procedures, and guidelines - (essential).
- Experience and proficient understanding of Standard Accounting Practices – (essential).
- Experience within the FMCG, retail sector or similar - (preferred).
- Exposure to statutory requirements, applying and monitoring relevant laws, regulations, and best practices as they relate to HR Finance. Knowledge of HR policies, procedures, legislation, and regulations - (preferred).
- Proficient in Microsoft Excel - intermediate to advanced Microsoft Excel - (essential).
- Exposure to SAP - (preferred).
- Exposure to BPC – (advantageous).
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