Job Description
About the Role
We are seeking an experienced Xero Cloud Accountant to join a dynamic small team in East London. Working closely with a senior accountant, you will deliver accurate and timely accounting and financial management to high-net-worth families. Drafting financial statements on Draftworx is a critical skill for this role. We are looking for someone with a decent understanding of Xero and a willingness to learn the system.
Key Responsibilities
- Prepare annual financial statements on Draftworx Cloud (50% of duties)
- Preparation and drafting of independent review files, including:
- Preparing lead schedules and working programs
- Liaising with the client on year-end queries
- Preparing reconciliations for the independent review file
- Drafting financial statements on Draftworx Cloud
- Liaising and ensuring that year-end entries are raised in the clients accounting system
- Preparation of year-end files and obtaining supporting documentation (50% of duties)
- Capture all bank transactions in Xero.
- Perform monthly loan and other journal entries to keep accounting accurate and complete.
- Analyse investment statements, prepare supporting schedules and raise journals accordingly.
- Run reports in Xero for bi-monthly management accounts.
- Agree returns received on investments against tax certificates.
- Raise profit/(loss) entries on sale of investments to agree to supporting schedules.
- Run interest schedules and raise journals accordingly.
- Liaise with the client and intermediaries to request information.
- Save statements and complete forms in line with the clients’ request.
Requirements
- 3-5 years experience at an accounting practice
- B.Com is an advantage, but not necessary
- Team players with a high level of communication
Qualifications
No formal education requirements mentioned.
About Accountant Jobs in Eastern Cape
The Eastern Cape is home to a diverse range of industries, including financial services sector, technology industry, and manufacturing sector, which often employ accountants. Typically, these roles involve providing financial management, planning, and analysis services to clients or internal stakeholders. Generally, the demand for skilled accountants remains strong in the region due to the growth of small businesses and multinational corporations operating in the area.
In terms of salary expectations, accountants in Eastern Cape can typically expect a range of R600 000 to R1 200 000 per annum, although this figure can vary greatly depending on factors such as experience, company size, and industry sector. For example, senior accountants or those working for large multinational corporations may earn higher salaries than entry-level positions or those in smaller companies. It’s also worth noting that performance-based bonuses and benefits packages can significantly impact overall remuneration.
Common skills required for accountant roles include proficiency in financial software such as Xero, Sage, or QuickBooks; strong analytical and problem-solving skills; attention to detail; excellent communication and interpersonal skills; and a solid understanding of tax laws and regulations. Typically, accountants must also possess a strong work ethic, be able to manage multiple projects simultaneously, and demonstrate adaptability in a fast-paced environment.
The financial services sector is often a common employer of accountants in Eastern Cape, as it requires skilled professionals to manage financial transactions, prepare financial statements, and ensure compliance with regulatory requirements. The technology industry also frequently hires accountants to oversee financial planning, budgeting, and forecasting, while manufacturing companies may require accountants to track inventory levels, manage costs, and optimize production processes.
In terms of career development, accountants in Eastern Cape can typically expect opportunities for advancement within their current organization or to pursue senior roles in related fields such as management accounting, forensic accounting, or auditing. Typically, professionals with experience working in industry may be more competitive in the job market than those new to the field, while continuing professional development and obtaining relevant certifications (such as CIMA or ACCA) can also enhance career prospects.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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