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 raca@aaaa.co.za.

ATripleA Recruitment and Temps

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