Financial Accountant (Retail)

Durban, South Africa Posted on 10/02/2026

The client is seeking a detail-oriented and experienced Retail Financial Accountant to join their Finance team. This role is responsible for managing month-end financial processes, balance sheet reconciliations, payment reviews, and financial reporting across multiple retail operations. The successful candidate will play a key role in ensuring financial accuracy, maintaining strong financial controls, and supporting operational decision making while contributing to continuous process improvement within the finance function.

Prepare and post all month end journals across the client's retail operations, including but not limited to:

• Sales and cost of sales
• Petty cash
• Stock opening and closing balances
• Gross profit percentage reviews and variance analysis
• Rental and utilities
• Bank charges and accruals
• Prepayments
• Workmen's compensation accruals
• Pre operating cost reallocations
• Salaries (head office, distribution centre, retail, and casual staff)
• Management fees

Perform accruals and reversals for rentals, utilities, and bank charges as required.

• Check and review all daily, monthly, and rental payments.
• Load confidential payments and assist with rental payment processing when required.
• Assist with resolving banking queries and cash related discrepancies.
• Process cash flow payments and foreign exchange payments.
• Manage credit card queries with the bank, including new card requests, failed transactions, and amendments.

• Review creditor reconciliations.
• Prepare and maintain balance sheet reconciliations.
• Oversee the processing and balancing of suspense and control accounts.
• Ensure compliance with internal financial controls and procedures.

Prepare and update monthly financial reports and management breakdowns, including:

• Distribution centre cost splits and management fees
• Year to date and rolling 12 month store performance reviews
• Store targets and performance analysis
• Head office cost allocations
• Payment and supplier analysisStore comparisons
• Computer, packaging, and transport cost analysis
• Transport cost per unit testing and validation

• Manage and support direct reports within the finance team.
• Review clock in and attendance reports.
• Assist with streamlining finance processes to improve efficiency and productivity.
• Participate in and complete ad hoc projects and financial analysis as required.

• BCom Accounting Degree (or equivalent).
• Minimum of 5 years' experience in a similar retail financial accounting role.