Job Description
About the Role
We are seeking a highly detail-oriented and deadline-driven Trust Account Support Professional to join our clients finance team in Cape Town City Centre. The successful candidate will play a critical role in ensuring accurate daily and monthly reconciliations, maintaining legislative compliance, and supporting operational trust account functions across multiple Business Units.
Key Responsibilities
- Perform daily and monthly reconciliations, including but not limited to:
- Daily Trust Summary reconciliations
- Daily Nedbank statement reconciliations (including CSV imports)
- Daily summary of payments reconciliations
- Daily outstanding payments reconciliations
- Daily market deposits into trust accounts reconciliations
- Capital On Investment daily and monthly reconciliations
- VAT reconciliations
- Cold Room reconciliations
- Pallet sales reconciliations
- Compile and prepare payment documentation for daily Nedbank imports
- Perform first or second-level reconciliations for Business Unit payments
- Import daily bank files (Notepad format) into Nedbank for authorization
- Distribute daily Nedbank statements to Business Units
- Scan, file, and email daily banking documentation to shared folders and Microsoft Teams
- Maintain accurate and organized financial records
- Assist in compiling statistical information for submission to the Group Trust Controller
- Support daily operational functions across all Business Units
- Assist the Senior Trust Account Support Professional as required
- Perform ad hoc financial and administrative duties as needed
Requirements
- Matric (Grade 12) or equivalent qualification
- Bookkeeping Diploma or similar financial qualification (essential)
- 35 years relevant experience in a financial or trust account environment
- Intermediate MS Excel skills (essential)
- Strong knowledge of financial processes, procedures, and legislative compliance
Qualifications
- None mentioned
Salary & Benefits
- No information available
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in Cape Town Region
In the Cape Town region, accounting and finance positions are typically found in various industries, including financial services, technology, and manufacturing sectors. The job market for these roles is generally stable, with a steady demand for skilled professionals to support business growth and development.
Accountants and finance specialists in Cape Town can expect salaries that range from R400 000 to R1 500 000 per annum, depending on factors such as level of experience, company size, industry sector, and specific job requirements. For example, entry-level positions may start at the lower end of this range, while senior roles or those in larger companies may command higher salaries towards the upper end. However, these figures are only general guidelines and actual salaries can vary significantly depending on individual circumstances.
Common skills required for accounting and finance roles in Cape Town include proficiency in financial software such as SAP or Xero, strong analytical and problem-solving skills, excellent communication and interpersonal skills, a solid understanding of tax laws and regulations, experience with budgeting and forecasting, and a degree in accounting or a related field. Other desirable skills may include knowledge of cloud-based technologies, data analysis tools, and industry-specific regulations.
The financial services sector is one of the largest employers of accountants and finance specialists in Cape Town, followed by technology and manufacturing industries. These sectors require professionals with a strong understanding of financial management, budgeting, and forecasting to support business growth and decision-making. Other industries that may employ accounting and finance staff include construction, tourism, and agriculture.
For those interested in pursuing a career in accounting or finance, there are many opportunities for professional development and advancement. Many companies in Cape Town offer training programs and mentorship schemes to help employees build their skills and expertise. Additionally, certifications such as the Certified Public Accountant (CPA) designation can be beneficial in enhancing career prospects. Overall, a strong foundation in accounting and finance, combined with relevant work experience and industry-specific knowledge, can lead to a successful and rewarding career in this field.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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