Company:
Pick n Pay Stores Limited
Industry: Sales / Retail
Deadline: Oct 31, 2025
Job Type: Full Time
Experience: 5 years
Location: Western Cape
Province: Cape Town
Field: Finance / Accounting / Audit
- To lead and manage all IFRS16 property-related financial accounting and reporting processes in compliance with International Financial Reporting Standards (IFRS).
- The Property IFRS 16 Accountant ensures accurate recognition, measurement, and disclosure of leases and property assets in line with IFRS 16 and other related standards.
- Bachelor’s degree in Accounting, Finance, or a related field.
- Professional qualification (CA, ACCA, CPA, or equivalent) preferred.
- 5+ years’ experience in financial accounting, with at least 2 years in IFRS 16/property accounting.
- Strong understanding of IFRS 16, IAS 16, IAS 40, IFRS 13, and related standards.
- Proven experience in managing audits and financial reporting processes.
- Advanced proficiency in ERP/accounting systems (e.g., SAP, Oracle, or similar).
- Excellent analytical, communication, and stakeholder management skills.
IFRS Compliance & Financial Reporting
- Oversee and manage the IFRS 16 accounting team, ensuring timely and accurate recording of lease-related transactions.
- Review and approve rental contracts uploaded into the system for compliance with IFRS and company policies.
- Conduct monthly reconciliations and oversee checks for accuracy, completeness, and validity of property-related financial data.
- Investigate and resolve anomalies and accounting exceptions promptly.
- Ensure compliance with IFRS, company policies, and regulatory requirements in all property accounting processes.
Financial Planning, Analysis & Reporting
- Provide financial analysis and insights to divisional heads and senior management to support strategic and operational decisions.
- Monitor and report on financial performance against budgets and forecasts, highlighting key variances and trends.
- Prepare, review, and sign off on divisional budgets, forecasts, and periodic financial reports.
- Drive processes and controls that ensure the production of accurate, reliable, and credible divisional results.
Governance, Controls & Audit
- Maintain and regularly update the Property Accounting Policy Document, ensuring alignment with current IFRS standards.
- Develop and enforce internal controls and accounting procedures for property transactions.
- Manage the audit process, liaising with external auditors to facilitate efficient reviews and timely resolution of audit queries.
- Respond to ad hoc financial and accounting queries from internal and external stakeholders.
Leadership & Team Development
- Lead, mentor, and develop the IFRS 16 accounting team, fostering a culture of accountability, accuracy, and continuous improvement.
- Promote cross-functional collaboration with finance, property, and operational teams to ensure data integrity and reporting consistency.
- Strong technical accounting knowledge (IFRS)
- Attention to detail and analytical rigour
- Leadership and team management skills
- Ability to interpret and communicate complex financial data
- Process improvement and control-minded approach
- Strong stakeholder engagement and business partnering abilities
Competencies:
- Strong technical accounting knowledge (IFRS)
- Attention to detail and analytical rigour
- Leadership and team management skills
- Ability to interpret and communicate complex financial data
- Process improvement and control-minded approach
- Strong stakeholder engagement and business partnering abilities
Closing date: 30 October 2025