Monday , December 5 2022

TFG Careers – Accountant

Website The Foschini Group - TFG

Job Description:

The role of the IFRS Accountant will be to participate and support the shared-services Accounting team in all activities connected to IFRS 16, IFRS 2, cash and cash equivalents and ensure the day-to-day modifications of accounting entries to maintain compliance with the IFRS standard.

Job Responsibilities:

  • Perform/review complex IFRS 2 calculations and post-related journal entries.
  • Preparing the monthly, half yearly and yearly information required for financial reporting
  • Review IFRS2 transactions before posting into SAP.
  • Responsible for the IFRS 16 property accounting, both at transactional and reporting level.
  • Processing valuation transactions on SAP RE-FX for any lease administration events that requires IFRS 16 accounting.
  • On a monthly basis, reconciling the RE-FX IFRS 16 clearing, liability and asset accounts and resolving any differences.
  • Assist in reviewing bank reconciliations.
  • On the job coaching and training for the lease administration team to prevent common mistakes that impact lease accounting.
  • Perform IFRS2 reconciliations.

Job Requirements:

  • Accountant with IFRS 16 experience is advantageous
  • SAP Finance skill is preferable.
  • BCom Finance, Commercial or equivalent and 5 years’ relevant experience in a finance or similar role with a deep knowledge of IFRS and SAP.
  • SAP RE-FX skill would be preferable

Job Details:

Company: The Foschini Group – TFG

Job Category: Retail

Vacancy Type: Full Time

Job Location: Cape Town, Western Cape, South Africa

Application Deadline: N/A

Apply Here

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