Accountant

About the Role

The purpose of the Non-RSA Accountant in the Group Reporting team is to perform the statutory reporting functions by ensuring IFRS compliance, managing the compilation, audit and signing of Annual Financial Statements for all Group companies outside of South Africa, Lesotho, Eswatini and Namibia and consolidating these results for Group reporting. The primary responsibilities are included in the role description below. This role is integral to maintaining the financial health and transparency of the organisation, ensuring that all financial reporting is accurate, timely, and in full compliance with relevant accounting standards.

Key Duties

• Monthly: Prepare and distribute the foreign currency exchange rates in the Group's format. Roll forward recurring consolidation journals in BPC. Calculate and post monthly consolidation journals (hyperinflation, discontinued operations, internal trademark elimination, forex hedge, and reallocate unrealised profits). Submit consolidation input schedules for disclosure notes. Complete the consolidation journals report. Compile monthly reports for key financial matters on posted journals.
• Quarterly: Perform analytical reviews on divisional financial data for the Non-RSA entities to ensure the information submitted is correct and fairly presented. Submit the tax disclosure notes for the consolidation journals and complete the consolidation section in the tax analytics file. Ensure completeness of the tax submissions and perform analytical review to assess the reasonability of information presented. Complete internal financial controls attestation form.
• Bi-annually (December interim and June year-end): Assist with the ECL (IFRS 9) calculation process for receivables within Non-RSA entities (if applicable). Perform loan movement analyses for Non-RSA and capture inputs on BPC (Inter-Co Disclosure model). Manage the IFRS 7 disclosure process: Collect foreign exchange rates and bank interest rates from the treasury department; Review divisional inputs; Run the interest and foreign currency sensitivity calculations on BPC; Complete IFRS 7 disclosures for the consolidation entries for Non-RSA; and Review calculated sensitivities for the Group. Prepare discounted cash flow calculations for the trading Non-RSA entities and calculate the investment impairments (IFRS 9) for Shoprite International Ltd (Non-RSA holding company). Annually (June year-end): Assist with audit queries on the consolidation files and journals. Prepare the budget for consolidation entries for Non-RSA. Update the Group restricted cash memo (IAS 7). Post the interdivisional sales elimination AFS journal for Non-RSA. Roll forward the consolidation journals to the new financial year and perform reconciliations.
• Additional responsibilities include:
• - Preparing annual financial statements in compliance with IFRS for 25 Non-RSA statutory legal entities (June year-end: 20 legal entities including Botswana, Egypt, Ghana, Malawi, Mauritius, Mozambique, Nigeria, Tanzania, Uganda, Zambia and