Pick n Pay Stores Limited is a multinational retail group headquartered in Cape Town, South Africa. The company operates a variety of store formats under the Pick n Pay and Boxer brands in several African countries. Pick n Pay’s stores include large Hypermarkets, standard Supermarkets, Pick n Pay Clothing stores, and Pick n Pay Liquor stores. It also operates smaller convenience shops, Pick n Pay Express stores, often found at BP gas stations.

• 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