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Buying Accountant

eThekwini, KwaZulu-Natal 27 January

MJM Recruitment

  • Description

  • Buying Accountant
    Job Description
    Trading Terms
    - Capture and maintain trading terms on the system (soon COR3)
    - Manually record all divisional trading terms and ensure the monies are collected timeously
    - Calculate top-up monies per quarter and ensure the monies are collected
    - Calculate growth monies per annum and ensure the monies are collected
    - Record all adverts per line item and calculate expected sallies to be claimed based on promo funding per supplier
    - Compare expected sallies with actual sallies and ensure the differences are claimed
    Direct Delivery Allowance
    - Allocate direct delivery allowance monies received monthly to a ring-fenced account and compare to delivery costs paid
    - Calculate monthly accruals
    - Allocate merchandising monies received monthly to a ring-fenced account and compare to merchandising paid
    - Calculate monthly accruals
    Condition Contracts
    - Track open contracts and remind buyers to release them
    - Ensure condition contracts are made out with the correct type (accruals, single settlement, scan based etc.), profit center and conditions (i.e. Advertising, Sallies, Tallies, Merchandising, Swell etc.)
    - Calculate account and profit center errors and forward to the DFM to reallocate
    - Calculate accruals for incorrect contract dates and contracts released after month end and forward to the DFM to process
    Swell Allowance
    - Manually maintain a list of swell suppliers and communicate to stores on request
    Management Reporting
    - Monthly report on the buyers income statement sales, gp, sallies, ad-recoup (foods, non-foods, fresh)
    - Track and report on GP, sallies and advertising recoup during the month
    - Report sales, sallies and GP on national one day promotions like Red- and Brack Fridays
    - Build forecast models on new ways of negotiating and returns achievable
    - Develop and maintain a spend tracker per supplier to monitor income received year-on-year
    - Supply marketing report data for monthly divisional books
    - Division specific training for buyers and assistants on condition contracts and pricing claims
    - Develop division specific job guides for the use of condition contracts based on common errors made and trading term negotiations
    Admin / Other
    - Manage shared documents on Google Drive
    - Manage processes, roles and responsibilities of buying and marketing
    - Continuously look for un-collected monies and build processes to prevent is from happening
    - Assist head buyer with corporate governance in terms of supplier/service provider contracts, board resolutions required and sign-off criteria

     A Bachelor’s degree in Accounting with at least 5 -7 years commercial, FMCG or retail experience

  • Number of vacancies: 5
  • Requirements

  • Minumun level of education: Diploma /Bachelor's/ N6
  • Years of experience: 5
  • Availability for travel: No
  • Availability for change of residence: No

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Ad summary

  • Buying Accountant

  • Recruiter

    MJM Recruitment

  • Province

    eThekwini, KwaZulu-Natal

  • Work type

    Full Time

  • Type of contract

    Permanent contract

  • Salary


  • Apply now

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