New Retail Careers: Group Financial Accountant at Ares Holdings

Job Title	Group Financial Accountant
Company	Ares Holding
Job Reference	Financial
Category	Retail
Location	Cape Town, ZA
Employment Type	Full Time
Date Posted	2026-06-10T20:01
Closing Date	2026-06-23T22:00
Status	Open for Applications
Salary	ZAR 325147 - 458741 per year

Group Financial Accountant - Job Description

Introduction

The Group Financial Accountant is responsible for supporting the group consolidation and reporting process, ensuring accurate and timely month-end deliverables. This New Retail Careers: Group Financial Accountant at Ares Holdings includes standardizing financial reporting templates, enhancing processes and procedures, and ensuring compliance with accounting standards. The role collaborates closely with Group Accounting Manager and accounting teams to drive consistency, accuracy, and continuous improvement across the group.

Responsibilities

TECHNICAL AND FUNCTIONAL COMPETENCIES

(Specific technical, functional and professional skills, knowledge, abilities, attributes and aptitudes that are required to be able to do this particular job well relative to the delivery of the Main Purpose and Key Accountabilities)

o Group Consolidation: Strong understanding of group structures and consolidation principles.
o Financial Reporting: Ability to prepare consolidated statements and IFRS-compliant reports.
o Process Improvement: Skilled in streamlining financial processes and documentation.
o ERP & Reporting Systems: Familiarity with ERP and consolidation tools (e.g., SAP BPC, HFM, or similar).
o Reconciliation Skills: Strong proficiency in reviewing and preparing reconciliations.
o Data Analysis: Ability to analyze financial data, trends, and anomalies.

KEY ACCOUNTABILITIES

The outputs/results/outcomes you are accountable for delivering:

KEY PERFORMANCE INDICATORS

How will your performance be measured? What are the ‘dials’ that will be monitored?

KEY ACCOUNTABILITY 1: GROUP CONSOLIDATION & REPORTING

Support the preparation of monthly group financial consolidation.
Ensure accurate elimination entries and intercompany reconciliations.
Prepare consolidated monthly, quarterly, and annual financial reports.
Assist with drafting financial statement notes for group reporting.
Ensure alignment with IFRS and internal reporting standards.
Liaise with business units to resolve consolidation and reporting queries.
· Accuracy of consolidated results
· Timeliness of month-end reporting
· Quality of reporting insights and commentary
· Compliance with IFRS and internal policies

KEY ACCOUNTABILITY 2: STANDARDISATION & PROCESS IMPROVEMENT

Develop and maintain standardized reporting templates for group use.
Improve and document group finance processes and procedures.
Drive consistency and quality across subsidiary financial submissions.
Identify process gaps and recommend automation or system enhancements.
Support group-wide training on reporting standards and templates.

· Adoption rate of standard templates

· Process efficiency improvements

· Quality and consistency of subsidiary submissions

· Audit and compliance readiness

KEY ACCOUNTABILITY 3: MONTH-END DELIVERABLES

Ensure timely completion of all month-end tasks.
Review subsidiary month-end results for completeness and accuracy.
Support variance analysis and management reporting.
Ensure all month-end reconciliations are accurate and audit-ready.

· Month-end deadline compliance

· Accuracy of journals and reconciliations

· Quality of variance analysis

· Feedback from Group Financial Manager

Required Qualifications

TECHNICAL AND FUNCTIONAL COMPETENCIES

(Specific technical, functional and professional skills, knowledge, abilities, attributes and aptitudes that are required to be able to do this particular job well relative to the delivery of the Main Purpose and Key Accountabilities)

o Group Consolidation: Strong understanding of group structures and consolidation principles.
o Financial Reporting: Ability to prepare consolidated statements and IFRS-compliant reports.
o Process Improvement: Skilled in streamlining financial processes and documentation.
o ERP & Reporting Systems: Familiarity with ERP and consolidation tools (e.g., SAP BPC, HFM, or similar).

o Reconciliation Skills: Strong proficiency in reviewing and preparing reconciliations.
o Data Analysis: Ability to analyze financial data, trends, and anomalies.