Market Store Accountant ResponsibilitiesMonthly management packs – slides and presentation need to be done every month and as the month goes on and required financial information.Government grants – Liaising with the government grants department arranging the payment of the grants to the store, tracking payments and money received.Analyzing the stores for the year when budgeting for the next financial year.Pre store OpeningWhen we have found a potential site, I will review the financials and approve the business plan that is submitted to the funders to provide a loan to the store owner. A Business plan is provided for every potential store that might open. After the Business financials have been scrutinized, I will then have to sign an approval letter.A ROI will be done on the store and then we would submit this to be approved from the CAPEX committee. All CAPEX & OPEX approvals will come though me to ensure we are in budget or if we in potential risk of requiring more Budget.Post Store OpeningOperational reporting on the Sales, Margin, Shrinkage, waste and stock. Running the necessary reports on our system to identify areas where we can improve to make the stores more profitable.Reviewing the stores' management account provided by the accountant from the stores, analyzing and investigating where the stores are not performing and providing a solution to the owner.Monthly & weekly steerco meeting with the Market store owners whereby stores indicate issues that are arising and finding ways that pick n pay can help them. Debt ManagementWeekly we will have a debt meeting to identify the debt position. Variation agreements – when we see that stores have been struggling to make payments due to reason such as COVID and maybe electrical issues we would allow stores to sign an agreement to pay the debt off over a certain period. The process of approving a Variation agreement is to analyze 3 months management account and a cash flow statement.

Responsible for the Finance function of the CEO, Deputy CEO, Retail MD, Legal, Strategy, Internal Communications, External Communications, Finance, HR, BBBEE, Transformation, Customer Director and Market Stores Group Cost centres KEY RESPONSIBILITIES• Take full responsibility for the validity, accuracy and completeness of the Division’s financial records and statement of the Division’s financial position.• Implement and oversee the necessary finance controls, processes and procedures.• Plan, compile and submit the annual Opex and Capex budgets, ensuring adherence to Corporate Finance guidelines and deadlines.• Compile and analyse the monthly management accounts and track spend vs budgets and prior year.• Act as the Risk Officer for the Division(s) – separate Role Profile attached.• Maintain and assess the Fixed Asset Register for the Divisions.• Assist and advise the Divisional Managers with the financial components of their portfolios.• Forecast the Divisions expenses in line with Corporate Finance guidelines and timelines.• Manage and control charge-outs and billings to the Corporate and Franchise stores environment.• Ensure that Balance Sheet accounts are reconciled at month-end. Complete the Responsibility Matrix as confirmation.• Month-end Reporting of financial information to the Division, including variance analysis and commentary.• Prepare and / or review and sign-off all business cases for submission to the Capital Committee. For approved projects, assist with the quarterly review of the subsequent return on investment. • Prepare the quarterly Steering Wheel submission.• Provide the necessary information for disclosure items in the Annual Financial Statements.• Prepare financial models for assessment of new business products and services.• Ad hoc reporting as requested by Division management or Corporate Finance.