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Franchise Accountant (Real Estate and Franchise)

Location not available
Franchise Accountant
41000

Our client in the Real Estate and Franchise is looking to hire a Franchise Accountant.

Duties and Responsibility

·         Provide backup support to the debtor’s function.

·         Ensures integrity and accuracy of financial data. 

·         Ensures problems are discussed and dealt with promptly and a satisfactory outcome is reached for all concerned.

Financial Reporting

·         Control and maintain the Licensee Database and franchisee legal documents.

·         Review franchise Profit and Loss statements uploaded into ClickView and address errors or concerns with Owner Operators or their Accountant.

·         Review franchise Balance Sheets uploaded into ClickView and address errors or concerns with Owner Operators or their Accountant.

·         Update the monthly Management Reports, from the ClickView database

·         Assist with the automation of reports by working closely with IT/ClickView team.

·         Develop and maintain franchisee benchmark reports quarterly.

·         Develop and update a quarterly O/O Risk Analysis which includes negative equity and negative cash flows.

·         Prepare the finance section of the Business Reviews.

·         Provides relevant information to the key stakeholders, Corporate Office, operations, and other McDonald’s SA departments.

·         Prepares rent sets and business valuations where requested.

·         Prepares monthly/annual reports for McDonald’s SA departments, management, franchisees, and Corporate Office.

·         Identifies opportunities through analysis, comparison, and benchmarking to improve the financial performance, and presents these to relevant parties.

·         Assists in the Annual Audit preparation process.

·         Assists in the annual budgeting process.

·         Prepares and reviews reconciliations for restaurants Handover Payments.

·         Assist with the Monthly Invoicing of Owner/Operator for monthly charges such as IT and insurance.

·         Preparation of recons for review at month end.

·         Provide financial support to Management, Franchising and Field Services Departments

Investment Manager and Fixed Assets

·         Creates annual investment programs.

·         Loading of signed budgets and approval of capex spend.

·         Maintain investment manager and suspense account.

·         Provide support to project managers.

·         Prepares and reconciles fixed asset register to the general ledger.

·         Performs all fixed asset related entries e.g. Additions, disposals, depreciation etc.

·         Prepares and executes all transfers from Assets Under Construction to Fixed Assets

New Operators

·         Assist new Operators with request of information from bankers for financing.

·         Conduct Financial Orientations for New Franchisees.

·         Support and guide both new operators and their accountants 

·         Give guidance and support in arranging for the payment of the total McDonald’s investment package.

Existing Operators

·         Prepare Annual Business Review financial packages.

·         Prepare Expansion Review packages.

 

Work Experience & Qualifications and skills:

·         Minimum of 3 years in a finance role.

·         Completed a BComm Accounting degree or studying towards it part time (in 2nd/3rd year)

·         Excellent Excel skills

·         Proficient with word

·         SAP experience would be preferred but not essential.

·         Good with Microsoft Office

 

Send your CV and latest pay slip to raca@aaaa.co.za

ATripleA Recruitment and Temps

www.aaaa.co.za

#atriplea #recruitment #vacancy # Franchise # Accountant

 

Posted 2021-07-15

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