Franchise Accountant (Real Estate and Franchise)
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
ATripleA Recruitment and Temps
#recruitment #vacancy # Franchise # Accountant
Posted 2024-02-28
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