Franchise Accountant (real Estate And Franchise)

Johannesburg, Gauteng, South Africa

Job Description


Job Summary Our client in the Real Estate and Franchise is looking to hire a Franchise Accountant.Duties and Responsibility

  • Provide backup support to the debtor's function.
  • Ensures integrity and accuracy of financial data.
  • Ensures problems are discussed and dealt with promptly and a satisfactory outcome is reached for all concerned.
Financial Reporting
  • Control and maintain the Licensee Database and franchisee legal documents.
  • Review franchise Profit and Loss statements uploaded into ClickView and address errors or concerns with Owner Operators or their Accountant.
  • Review franchise Balance Sheets uploaded into ClickView and address errors or concerns with Owner Operators or their Accountant.
  • Update the monthly Management Reports, from the ClickView database
  • Assist with the automation of reports by working closely with IT/ClickView team.
  • Develop and maintain franchisee benchmark reports quarterly.
  • Develop and update a quarterly O/O Risk Analysis which includes negative equity and negative cash flows.
  • Prepare the finance section of the Business Reviews.
  • Provides relevant information to the key stakeholders, Corporate Office, operations, and other McDonald's SA departments.
  • Prepares rent sets and business valuations where requested.
  • Prepares monthly/annual reports for McDonald's SA departments, management, franchisees, and Corporate Office.
  • Identifies opportunities through analysis, comparison, and benchmarking to improve the financial performance, and presents these to relevant parties.
  • Assists in the Annual Audit preparation process.
  • Assists in the annual budgeting process.
  • Prepares and reviews reconciliations for restaurants Handover Payments.
  • Assist with the Monthly Invoicing of Owner/Operator for monthly charges such as IT and insurance.
  • Preparation of recons for review at month end.
  • Provide financial support to Management, Franchising and Field Services Departments
Investment Manager and Fixed Assets
  • Creates annual investment programs.
  • Loading of signed budgets and approval of capex spend.
  • Maintain investment manager and suspense account.
  • Provide support to project managers.
  • Prepares and reconciles fixed asset register to the general ledger.
  • Performs all fixed asset related entries e.g. Additions, disposals, depreciation etc.
  • Prepares and executes all transfers from Assets Under Construction to Fixed Assets
New Operators
  • Assist new Operators with request of information from bankers for financing.
  • Conduct Financial Orientations for New Franchisees.
  • Support and guide both new operators and their accountants
  • Give guidance and support in arranging for the payment of the total McDonald's investment package.
Existing Operators
  • Prepare Annual Business Review financial packages.
  • Prepare Expansion Review packages.
Work Experience & Qualifications and skills:
  • Minimum of 3 years in a finance role.
  • Completed a BComm Accounting degree or studying towards it part time (in 2nd/3rd year)
  • Excellent Excel skills
  • Proficient with word
  • SAP experience would be preferred but not essential.
  • Good with Microsoft Office
Send your CV and latest pay slip toATripleA Recruitment and Tempswww.aaaa.co.za#atriplea #recruitment #vacancy # Franchise # AccountantAtripleA recruitment & tempsRecruiter

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Job Detail

  • Job Id
    JD1364955
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    R41000 per month
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned