Settlement & Reconciliation Clerk At TFG – Apply Now!

About TFG

The Foschini Group (TFG) is a leading international retail group comprising 34 lifestyle and apparel brands that touch the lives of millions. Renowned for delivering remarkable omnichannel customer experiences, TFG is committed to growth, innovation, and creating a workplace where talent thrives. Join TFG to be part of a dynamic team where your contribution makes a difference across the retail industry.

Role Overview

As a Settlement & Reconciliation Clerk, you will play a crucial role within the Invoice to Cash Shared Services Centre, ensuring all reconciliations and settlements relating to online and store payment tender types are processed accurately and on time. You will engage with Bash Support, store operations, and Fuse teams, consistently meeting quality standards aligned with Record to Report SLAs.

Key Responsibilities

• Manage and clear Synergy tickets related to online/store payment discrepancies.

• Investigate and resolve differences between expected and actual settlements by clearing the bank sub-ledger.

• Perform reconciliations for tender control accounts and bank sub-ledger accounts.

• Liaise effectively with Bash Support, store operations, and Fuse teams.

• Process SAP journals and clearing entries accurately.

• Clear exceptions in Recon Assist Plus to ensure accuracy.

Qualifications & Experience

• Matric certificate or relevant finance-related qualification.

• Minimum 2 years’ experience in finance or administrative environment.

• Proven reconciliation experience – essential.

• Strong SAP experience – essential.

Skills & Competencies

• Strong skills in reconciliation and analysis.

• Competent in accounting, reporting, and auditing functions.

• Knowledge of cash management and financial risk management.

• Excellent business communication skills and ability to work collaboratively.

• Ability to perform effectively under pressure in a dynamic environment.

• Capable of drafting clear commentaries and analyzing complex information visually and in writing.

Behavioral Traits

• Adaptability and effective decision-making skills.

• Strong interpersonal relations and teamwork capabilities.

• Resilience in problem-solving and managing shifting priorities.

• Strategic thinking with a focus on long-term organizational goals.

• Ability to simplify and interpret complex information for better decision making.

Why Join TFG?

• Be part of a purpose-led business that values growth and impact.

• Work with passionate teams behind globally recognized retail brands.

• Access to ongoing learning and development opportunities.

• Experience a collaborative and inclusive workplace culture.

Employment Equity

TFG is an equal opportunity employer. Preference will be given to candidates from designated groups as per the Employment Equity Act.

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TIPS for CV Related to This Role

• Highlight your SAP expertise and specific reconciliation responsibilities.

• Emphasize your experience handling financial discrepancies and resolving payment issues.

• Showcase your ability to work under tight deadlines and in a fast-paced environment.

• Demonstrate strong communication skills with examples of liaising across departments.

• Include any experience with bank sub-ledger clearing, journal entries, and payment settlements.

🌐 Company Website:
https://www.tfg.co.za