Third Party Payment Accountant

Full description

About the role Join Shoprite as a Third Party Payment Accountant based in Brackenfell, Cape Town, where you will leverage your expertise in finance, accounting, and payment processing to ensure accurate and timely reconciliation of third party payments. This full-time role requires proficiency in financial systems, strong analytical skills, and a thorough understanding of payment compliance and audit controls within a dynamic retail environment. As a mid-level finance professional, you will collaborate with cross-functional teams to optimise payment workflows, support month-end close processes, and contribute to financial reporting accuracy. Benefit from Shoprite's commitment to career development, inclusive culture, and innovative retail solutions while driving efficiency in third party payment accounting within South Africa's top retail group. Candidates with thorough knowledge of accounting principles, ERP systems, and financial regulations will excel in this position. What you'll do - Reconcile third party payment transactions accurately and timely, ensuring alignment with financial records. - Manage daily payment processing activities using ERP systems, maintaining compliance with company policies and financial regulations. - Collaborate with internal departments and third party vendors to resolve payment discrepancies and variances promptly. - Support month-end and year-end close processes by preparing detailed payment reports and schedules. - Assist with internal and external audits by providing required documentation and explanations related to third party payments. - Monitor and enforce payment control procedures, contributing to risk management and fraud prevention efforts. - Analyse payment data to identify process inefficiencies and propose improvements for enhanced accuracy and efficiency. - Maintain up-to-date knowledge of financial regulations affecting payment processing within the retail industry. - Participate in cross-functional projects to optimise payment workflows and support continuous improvement initiatives. - Provide support and training to junior staff members on payment processing systems and compliance standards. What you bring - Qualified Chartered Accountant preferred - Degree in Accounting - 1-3 years relevant experience in the Financial Services industry: operational process at an in-store level and transactional activities and account reconciliations at a group level with IFRS, Tax and VAT knowledge preferred. - Exposure to and an understanding of Corporate, Retail, and/or Customer interfacing environment in a similar role (non-sector specific) preferred - Solid Advanced Excel, Accounting package exposure (SAP, Pastel etc.) - Exposure to SAP and Microsoft applications preferred