Job Description

Closing Date 2025/06/28


Reference Number SHO250620-2


Job Title Divisional Accountant


Job Type Permanent


Location - Country South Africa


Location - Province Gauteng


Location - Town or City Boksburg


Purpose of the Job
The purpose of the Divisional Accountant role at OK Franchise Division is to guarantee the accuracy, compliance, completeness, and timeliness of the organisation's financial information. This role involves analysing historical data, delivering precise and compliant reports to external stakeholders, and upholding high standards of financial accountability. Specialised knowledge in finance and accounting within the framework of OK Franchise operations is essential for this position.







Job Advert Details


Job Category Accounting


Job Objectives

Financial statement preparation:

Gather pertinent financial data, including transaction records, invoices, and bank statements. Categorise and organise the data and information appropriately. Compile a balance sheet detailing assets, liabilities, and equity. Develop an Income Statement summarising revenue, expenses, and net income over a specific period. Prepare the Cash Flow Statement to monitor cash inflows and outflows. Manage necessary adjustments, such as accruals for expenses or revenue recognition, to ensure precise financial reporting. Review and validate statements for accuracy, consistency, and compliance with accounting standards. Present the financial statements to stakeholders and distribute them as needed.

Tax compliance:

Provide input in registering businesses for tax purposes, ensuring compliance Prepare and submit accurate tax returns on behalf of the business. Reporting on financial data by creating reports required by South African Revenue Services. Managing payment by calculating tax liabilities and ensure timely tax payments. Monitor due dates and manage cash flow for tax payments. Asses potential tax risks and advise business on minimising these risks through proper compliance. Provide guidance on tax-related matters to help businesses make informed decisions.

Audit preparation:

Maintain and update records on a regular basis to ensure a smooth audit. Monitor developments instituted by regulatory bodies and remain updated to ensure accurate financial reporting. Manage timelines to ensure accuracy and timely delivery of audit review. Working closely with the audit function to ensure that all risks and related areas of reconciliations are identified for audit purposes - and communicating with, participating in and supporting all audit activities and closing of findings etc.

General ledger management:

Maintain the general ledger (GL), which serves as the central repository for financial transactions. Record financial transactions accurately and timeously. Extract data from the GL statements to provide insights into the divisions financial position. Reconcile GL accounts by comparing internal records with external sources. Manage sales tax reporting, ensuring timely and accurate submissions. Manage fixed asset records within the GL, tracking acquisitions, disposals, and depreciation.

Stakeholder Management and Partnerships:

Maintain strong relationships with franchise partners, providing financial guidance and support as needed. Participate in meetings and discussions with internal and external stakeholders to address financial concerns and objectives. Act as a resource and knowledge expert on financial matters for franchise teams and functional departments.


QualificationsBachelor's degree in finance or related field (essential). Qualified Chartered Accountant: CA(SA) (preferred).



Experience+4 years of experience in an Accounting or equivalent role - (essential). Experience within the FMCG, retail sector or similar - (preferred). Familiarity with accounting software (e.g., SAP, Pastel)



Knowledge and SkillsAdvanced proficiency in Microsoft Excel. Experience working in a franchise or decentralised operational environment.

organisation's financial information. This role involves analysing historical data, delivering precise and compliant reports to external stakeholders, and upholding high standards of financial accountability. Specialised knowledge in finance and accounting within the framework of OK Franchise operations is essential for this position.
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