Group Management Accountant

Quality financial reporting lies at the heart of the Truworths Finance Department. Not only do we have a track record of producing award winning integrated reports year after year, but we take pride in our world-class management reporting which enables the execution of our business strategies. This fast-paced role requires a dynamic self-starter who is looking for an opportunity to excel and grow within Truworths.

Key Responsibilities:

1. Reporting

1.1 Interim and year-end planning
Prepare and distribute timetable of internal deadlines which need to be met in order to meet external reporting deadlines
Communicate with SA and UK finance teams on their deliverables and incorporate deliverables received into all Group reporting

1.2 External Reporting
Prepare audited and unaudited Group interim and year-end preliminary reports, including short-form announcements
Prepare trading statements and business updates for release on SENS, including liaising with the companys JSE and NSX sponsors
Liaise with external publishers responsible for designing and typesetting of published reports

1.3 Quarterly Board Reporting
Prepare the finance department report for the board
Co-ordinate the recording and reporting of finance department KPIs
Prepare the CFO Report and results presentation
Prepare consolidated statements of financial position, comprehensive income, changes in equity and cash flows

1.4 Analyst Presentation (Interim and year-end)
Liaise with management on the content and style of the bi-annual analyst presentation
Liaise with the marketing department and external designers in determining the style and design of the presentation
Prepare information for inclusion in the presentation
Co-ordinate analyst presentation webcast

1.5 Integrated Report
Manage the preparation and review of the various sections of the integrated report
Participate in the review of the integrated report
Liaise with the marketing department and external publishers regarding the design and compilation of the final report
Co-ordinate the production of the HTML version of the integrated report

1.6 Annual Financial Statements
Prepare and review selected subsidiary annual financial statements
Assist with the preparation of various notes in the Group (consolidated) and subsidiary annual financial statements
Member of the accounting forum, which is responsible for overseeing the implementation of new accounting standards and to debate technical accounting matters relevant to the Group

2. Forecasting, Expense Management and Reconciliations

2.1 Prepare consolidated forecasts based on various scenarios
Liaise with management on forecast outlook/assumptions
Update gross profit forecast from latest gross profit reconciliation and review assumptions for remainder of the year
Update forecast with latest actuals and forward looking view on sales, gross profit, expenses, etc., taking into account feedback from expense reviews
Prepare detailed expense forecast
Review and update the forecast balance sheet based on latest forecasts from the business
Align and update 5-year forecast based on 1-year forecast and medium term outlook

2.2 Expense management
Facilitate monthly expense meetings with cost centre owners to review performance against budgets and to identify forecast adjustments

2.3 Gross profit reconciliation
Prepare monthly gross profit reconciliation
Analyse and resolve gross profit margin variances
Prepare gross profit margin forecast for forecasting and budgeting purposes

2.4 Reconciliations
Prepare selected balance sheet reconciliations as part of month-end procedures

Qualifications and Experience:
CA(SA)
Excellent attention to detail
Highly analytical
Excellent working knowledge of MS Excel, MS Word and MS PowerPoint essential
Passionate about reporting
3+ years post article experience in a listed corporate or auditing environment
Retail industry experience in a similar role would be advantageous
Strong technical accounting skills and knowledge of IFRS
Working knowledge of JSE listing requirements would be advantageous
Experience in Integrated Reporting

Competencies:
Self-starter, self-motivated and self-managed
Fast-paced and dynamic individual
Ability to work as part of a team
Ability to work to tight deadlines/work under pressure
Highly organised
Focused
Good communicator, able to communicate with staff at all levels in the company

Truworths is committed to transformation and meeting objectives of the Employment Equity Act. Meeting our employment equity goals and targets will be taken into account in our recruitment decisions. People living with disabilities will be viewed favourably.