Assistant Accountant - Banking (French)

Job Description

Embark on a rewarding career with Lovisa as an Assistant Accountant specializing in banking and reconciliations at our Johannesburg office. This role involves daily financial oversight, detailed reporting, and collaboration with cross-functional teams to ensure accuracy and efficiency in a global retail environment.

Requirements

• Tertiary qualification in Accounting, Finance, or related discipline (or currently studying)
• 1-3 years of experience in an accounting or assistant accountant role
• Strong understanding of general ledger, banking transactions, and reconciliations
• Proficient in Excel (lookups, pivot, reconciliation tools)
• High attention to detail and ability to meet deadlines

Responsibilities

• Perform daily banking reconciliations and investigate discrepancies promptly
• Monitor cash deposits and ensure they are accurately allocated and recorded
• Work closely with the AP and Occupancy teams to track and reconcile payments made from bank accounts
• Prepare weekly missed banking and cash variance reports for assigned countries
• Provide commentary and context on cash variances for discussion with the Loss Prevention team
• Collaborate with the retail operations and loss prevention teams to understand root cause and support resolution plans
• Prepare and post journals for bank fees and interest income, interbank transfers, store deposit variances, and accruals for direct debits where invoices are not yet recorded
• Support the month-end close process with timely submission of reconciliations and journals
• Prepare monthly balance sheet reconciliations for Bank accounts, Gift voucher Liability accounts, Cash clearing accounts, Trade Creditors clearing accounts, Team expense claim clearing accounts, and Cash advance accounts
• Investigate and clear reconciling items in a timely manner, escalating as needed
• Attend weekly meetings with Loss Prevention and the Banking team
• Present findings and updates for assigned countries, focusing on missed banking and cash variances
• Collaborate across teams to ensure timely resolution of cash issues and prevent recurrences