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Job Purpose
You will take ownership of the full accounting and processing function relating to Franchise revenue streams — including Franchise Fees, Marketing Contributions, Fleet activities, Third-Party Rebates, and other emerging income categories — while supporting business decision-making through accurate reporting, reconciliations, and financial insight.
Responsibilities:
1. Franchise Revenue Accounting & Processing
- Ensure accurate accounting, processing, and reporting across all Franchise revenue streams.
- Manage Franchise Fees, Marketing Contributions, Fleet revenue, Third-Party Rebates, and related transactions.
- Review and approval of Rebate calculations from suppliers.
- Generate monthly Turnover Fee Advice using sales downloads received at month-end.
- Provide quarterly turnover information for Marketing Contribution fee true ups.
2. Monthly Reconciliations
- Perform monthly reconciliations for:
- Rebate accounts
- Fleet accounts
- Marketing fund accounts
- Franchisee fee accounts
- Supplier accounts
- Reconcile FMS (Franchise Management System) to SAP for all relevant accounts.
3. Fleet / Product Bonuses / Workshop (W-Shop) Administration
- Reconcile Supplier remittances to FMS for all monies received.
- Prepare Supplier Invoices and SQ Credit Notes as required.
- Compile and submit Citi Bank refund upload files for review and processing.
- Provide Debtors Department with documentation to support receipting and payment allocations.
- Oversee Winshuttle entries to ensure accurate transfer of all transactions into SAP.
- Reconcile Supplier Debtors and Control Accounts for month-end purposes.
- Support the Debtors team with SQ customer account reconciliations when needed.
4. Financial Controls, Compliance & Reporting
- Maintain strong internal controls across all Franchise financial processes.
- Ensure compliance with financial policies, audit requirements, and statutory regulations.
- Prepare month-end journals, reconciliations, and supporting schedules.
- Drive continuous improvement in processes, systems, and data integrity.
5. Business Partnering
- Provide Franchise, Retail, and cross-functional teams with accurate financial insights and commentary.
- Support decision-making through analysis of revenue trends, variances, and financial performance.
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