Management Accountant Job at The Foschini Group – Parow, Western Cape

Job ID: 15490

Position Type: Full-Time

Job Function: Finance / Accounting

Workplace Type: Head Office

Division: TFG Sports Division

Province: Western Cape

Location: Cape Town North

Suburb: Parow (Parow)

Position Description:
Management Accountant – Sports division

Job title: Management Accountant (Sports)

Reporting Line: Finance Business Partner

Purpose of the job:
The management accountant supports the Finance Business Partner in ensuring the effective functioning of the finance function within the brand.

This encompasses support in relation to the commercial and value-adding activities undertaken by the Finance Business Partner, and would typically include the preparation and extract of supporting information or inputs to their analysis.

The role will act as the principal interface between the brand and the Finance CoEs and SSC, and thereby provide inputs or receive and process outputs to/ from those areas.

The role will also act to perform various finance activities within the brand, some of those being either specialist, particular to that brand or requiring direct interaction or interface with staff.

Job Requirements:
Skills and attributes

Thorough knowledge of accounting procedures and principles

Strong analytical skills

Ability to work under pressure

Problem solving abilities

Excellent communication skills

Proactive in approach and thinking

Good team player willing with work across divisional boundaries


3-5 years post qualification experience


BCom/ Hons Degree in Financial/ Management Accounting

CIMA or equivalent is preferred

Key Performance Areas:
Review and adjust planning working papers received from the Planning and Management Reporting Centre of Excellence;

Support the Business Partner in analysing management reports and financial performance of the brand against its specific targets;

Analyse standard monthly management reports received from the CoE and SSC, and provide interpretation and commentary for the Finance BP review;

Support with year-end procedures and reports;

Review and adjust OPEX forecasts for the brand in line with business requirements;

Ensure the planning tool accurately reflects actuals and projections for all costs;

Ensure charge backs received by the brand are accurate and accepted;

Populate journal templates and supporting documentation to submit to the Record to Report function within Shared Services (including but not limited to accruals, year-end journals, intercompany entries);

Ensure that the inputs to and the management of any assets within the brand are provided to the SSC;

Perform sundry cost centre management activities;

Prepare ad hoc or tailored financial reports required by the brand;

Perform business unit specific finance activities, or ad hoc finance activities requiring contact or physical interface with colleagues in the brand;

Support the Finance BP with inputs to pricing decisions and adjustments;

Support the Finance and Systems Management CoE on new systems or projects requirement gathering, testing and deployment;

Act as a super user for the new Non-Merchandise Procurement tool – Coupa – for the division;

Ensure that all store turnover targets are available on the required systems for use by the Operations teams;

Liaise with the Invoice to Cash function within the Finance SSC to ensure all rebates are captured and processed accurately.

Stakeholder Relationships

Support the Finance BP;

Act as the interface between the business and the CoE/ SSC;

Collaborate with internal stakeholders to drive strong interactions and engagements across the finance operating model;

Ensure the engagement with relevant internal and external stakeholders within TFG.

Preference will be given, but not limited to, candidates from designated groups in terms of the Employment Equity Act

About the Company

Company: The Foschini Group –

Company Location:  Parow, Western Cape

Estimated Salary:

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About The Foschini Group -