KEY PERFORMANCE AREAS CORE ACTIVITIES & ACCOUNTABILITIES 1. Ensuring the completeness of lease contracts on the Lease management system ï · To input all leases onto the lease management system ,ensuring that all information is accurate and complete ï · To review the lease management system reports to ensure all leases reaching expiry are followed up with the relevant Head of Department so that the renewal leases are loaded onto the system ï · To reconcile the contracts on the Contract Management System Origins to the Lease management system to ensure all leases are captured on the lease management system ï · To ensure all locations are included on the lease management system.
ï · Maintain the short term lease tracker. 2. Lease accounting ï · To ensure all lease expenses are accounted for in accordance with IFRS 16.
ï · To review the relevant general ledger accounts to ensure all misallocations are corrected prior to month end close. ï · To liaise with the Finance Reporting team to ensure all general ledger accounts, as required are open on the ERP System as per the agreed timelines.
ï · To maintain a reconciliation between the general ledger and the lease management system, on a monthly basis and to ensure all discrepancies are resolved prior to month end close, for relevant income statement and balance sheet accounts.
ï · Ensure month end close processes are followed. 3. Audit ï · Assist with the management of both External and Internal Audit relating to IFRS 16.
4. Other ï · Ad hoc functions and reports ï · Be the Masscash representative on the Nakisa implementation project ensuing all deliverables are met.
This includes coordinating deliverables of other finance team members. ï · Assisting the payroll finance team with analysis of variances between actual and budget costs ï · Processing of journal entries relating to payroll finance, when required.
5. Taxation ï · Completion of taxation schedules relating to IFRS 16. 6. Budgeting ï · Responsible for the budgeting and forecasting of costs relevant to IFRS 16 for all NSO Cost centres, as per required timelines.
ï · Provide reporting to the FP& A team, from the lease management system, to enable them to budget as per IFRS 16 Requirements.
7. Self-Management ï · Respect every individual by relating to others in an accepting and respectful manner, regardless of their organizational level, personality, or background.
ï · Adapt and learn - demonstrate creativity and strength in the face of change, obstacles, or adversity. ï · Adapt to competing demands and shifting priorities.
ï · Update knowledge and skills to handle new complexities, challenges, and responsibilities. Seek exposure to new ideas and perspectives.
ï · Promote a work environment that respects, embraces, and values diversity in others. ï · Identify and apply sound, fact-based criteria in setting priorities and making decisions.
ï · Look beyond symptoms to determine the root causes of problems, and identify and implement applicable solutions. Integrate knowledge and expertise in making fact-based recommendations and decisions.
ï · Conduct that is aligned with the Massmart code of ethics Qualifications : ï · Matric ï · Progress towards a tertiary qualification in Finance ï · Finance knowledge is necessary ï · Sound knowledge of all Policies and Procedures related to Finance ï · Computer literacy in Word and Excel Experience : ï · 2 years in a financial environment at an operational level ï · Experience in Great Plains and SAP would be advantageous