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Management Accountant

WELCOME TO OLX If you have a vision and are passionate about the same things we are, we'd love to meet you! At AutoTrader, we put much effort into creating an environment that will produce world-class solutions. We allow team memb...

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Olx Careers Johannesburg, South Africa, South Africa Verified 2 weeks ago Reference fff905f7-1e3e-4909-ba4c-2c8b3bbbeb73
✓ 92% verification score · Source: Olx Careers · Always confirm final requirements on the original source.
Complete source information imported The available role or programme description, requirements, benefits and source facts were imported from the public official endpoint and formatted for reading.
EmploymentFull-time
CountrySouth Africa
DepartmentAutoTrader

Overview

WELCOME TO OLX If you have a vision and are passionate about the same things we are, we'd love to meet you! At AutoTrader, we put much effort into creating an environment that will produce world-class solutions. We allow team members to take ownership of their work and see it through from beginning to end whilst drawing on the team's collective experience. As a team, we discuss problems, brainstorm, and settle on the best solution. Based in Randburg, Johannesburg, we are affiliated with the global OLX organization. We are always on the lookout for ambitious and passionate people to join our team. At OLX, we're building marketplace sustainable ecosystems that millions of people depend on every month – to buy and sell cars, find homes, land jobs, and trade secondhand goods. It's commerce that matters: safe, smart, and environmentally responsible. We do this with courage to innovate, commit

Full job description

About The Role

WELCOME TO OLX

If you have a vision and are passionate about the same things we are, we'd love to meet you! At AutoTrader, we put much effort into creating an environment that will produce world-class solutions. We allow team members to take ownership of their work and see it through from beginning to end whilst drawing on the team's collective experience. As a team, we discuss problems, brainstorm, and settle on the best solution. Based in Randburg, Johannesburg, we are affiliated with the global OLX organization. We are always on the lookout for ambitious and passionate people to join our team.

At OLX, we're building marketplace sustainable ecosystems that millions of people depend on every month – to buy and sell cars, find homes, land jobs, and trade secondhand goods. It's commerce that matters: safe, smart, and environmentally responsible. We do this with courage to innovate, commitment to outcomes, collaboration across 50+ nationalities and 7 markets, and a customer-led approach that puts real people first. Add a desire to win – and you get a culture that's ambitious, fast-moving, and built on trust. Our brands – including AutoTrader, OLX, Otomoto, Property24, and more– are loved by millions. And we're backed by Prosus, one of the world's largest tech investors.

Join OLX and see how far you can go.

Company Culture: If a company's culture is important to you, then keep reading: At AutoTrader, company culture is not just some senior management tickbox; it's at the very heart and soul of our company, lived out daily, no matter your role or title.

Key responsibilities

Financial Planning and Analysis:

  • Develop, implement, and monitor financial plans, budgets, and forecasts.

  • Execute extensive administrative work to prepare templates and gather business information for review and consolidation.

Cost Analysis and Control:

  • Analyse costs, identify inefficiencies, and implement measures to optimize resource allocation and enhance profitability.

  • Supplier contracts, review and management of all contracts. Review BBBEE status.

Management Reporting:

  • Prepare timely and accurate management reports, including product income statements (e.g., IO and subscriptions), cost variance analysis, and performance metrics.

  • Revenue analysis and collaborate with the FBP during and post-month-end for reporting and insights, providing a weekly revenue view through a "Flash report."

  • Circulate the Flash report to stakeholders weekly or bi-weekly, depending on revenue frequency.

Strategic Planning and Decision Support:

  • Provide financial analysis and insights to support decision-making on strategic initiatives, investments, and business opportunities.

  • Support FBP in aligning with SMG strategic goals.

Continuous Improvement:

  • Identify opportunities for process improvements and efficiency gains within finance and across the organization.

  • Maintain systems like Manage and SAP for streamlined reporting automation.

Administration

  • Collaborate with Credit control manager by reviewing and validating rate rises and rate card adjustments, with FBP having final sign-off alongside CEO, product, and sales.

  • Drive BEE compliance initiatives and audit suppliers monthly with quarterly reporting.

  • Manage month-end procedures, facilitate budgeting and forecasting support, and produce HOD reports.

  • Prepare monthly finance decks and conduct bad debt analysis, including write-off packs for FBP approval.

  • Track capex spend against all plans and participate in key project meetings.

  • Support and own revenue reporting and analysis, ensuring contract adherence for revenue.

  • Vet all new suppliers before the VRA and supplier onboarding process, considering admin tasks that could transition to the Management Accountant role.

  • Conduct monthly discount reviews, campaign adherence reviews, and manage access reviews quarterly.

  • Review commission structures, calculation processes, and revenue targets each quarter..

  • Develop comprehensive manuals documenting all finance processes and procedures for alignment with SAP and contingency planning.

  • Address communication gaps in new processes introduced across departments and establish standard procedures for stakeholder alignment.

  • Lead the creation and review of credit, write-off, and credit terms policies, alongside collections policies in collaboration with the Credit Controller.

  • Handle legal queries efficiently by introducing segregation out of the Credit Control function.

Qualifications And Requirements

  • Relevant Finance Degree (B. Comm, CIMA, or equivalent) is essential.

  • 3-5 years of financial accounting experience.

  • Highly proficient in MS Excel for data analysis and interpretation.

  • Working knowledge of SAP or related ERP systems.

  • Deadline-driven and prepared to work extended hours when required.

Additional information

About AutoTrader

We are committed to creating a trusted, safe and transparent vehicle e-commerce marketplace that empowers, enables and improves the lifestyles of those we connect while taking the Road Less Traveled. "We recruit people who share our values. We hire for culture and train for skill" @George Mienie, AutoTrader CEO

To support our commitment to diversity, inclusion, and compliance with South Africa’s Employment Equity Act, we collect gender and race information to help us monitor and promote equal opportunities. Please note that this information is confidential and does not influence hiring decisions, which are based solely on qualifications and experience.

Diversity, Equity and Inclusion at OLX OLX values diversity and welcomes applicants of all races, ethnicities, disabilities, ages, genders, sexual orientations, religions, backgrounds, and experiences to apply. If this role excites you, we encourage you to apply, even if you don’t meet all the requirements - you may be just the right fit for this or other opportunities with us!

OLX will process your personal data to assess your fit for the applied position. You may optionally consent to store your data for up to 12 months after the application process for consideration in future OLX roles. For more details on how your application data will be processed please check our Privacy Statement.

Requirements & qualifications

  • Relevant Finance Degree (B. Comm, CIMA, or equivalent) is essential.

  • 3-5 years of financial accounting experience.

  • Highly proficient in MS Excel for data analysis and interpretation.

  • Working knowledge of SAP or related ERP systems.

  • Deadline-driven and prepared to work extended hours when required.

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