Job Description
About the Role
Our client, a leading South African fashion retailer, is seeking a detail-oriented Finance Clerk to join their team in Cape Town. The successful candidate will be responsible for overseeing foreign banking operations, supporting banking systems, and completing month-end processes.
Key Responsibilities
- Ensure the reconciliation of all company bank and GL accounts in the stipulated time period and resolve/report on all resulting discrepancies
- Ensure the correct policies and procedures and timelines are followed when collecting documentation from stores with regards to queries/discrepancies
- Incorporate new business developments into the daily reconciliation process where relevant (new stores, new bank accounts, and new acquisitions, new tender types)
- Liaise with foreign banks (Lloyds, HSBC etc.) regarding charges and cash banking queries
- Ensure all queries are resolved within the permitted timeframes
- Ensure all KPIs are achieved
- Assist the banking team with regards to stand-in support, in the absence of any team members
- Liaise with external and internal audit as required
- Collaborate with other departments to reconcile bank statement lines (payroll, customer services, tax and Accounts payable)
- Use banking software (Oracle) to track accounts, balance transactions, and generate reports
Requirements
- Matric plus solid work experience
- Post-matric qualifications would be advantageous
- Experience in a finance retail environment advantageous
- Experience in general finance processes including bank reconciliations, foreign currency translation and conversion, bank card queries, resolving bank discrepancies etc.
- Very strong computer skills: Microsoft Office suite (Outlook, Excel, Word)
Qualifications
No formal education or certifications mentioned.
Salary & Benefits
Salary information not provided.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Retail Jobs in Western Cape
In the Western Cape, the retail industry is a significant sector, employing thousands of people and contributing substantially to the regional economy. Typically, roles within this field involve supporting sales teams, managing store operations, and providing exceptional customer experiences. Generally, these positions require a combination of business acumen, communication skills, and flexibility.
When it comes to salary expectations for retail positions in Western Cape, it’s difficult to pinpoint exact figures due to the variability in factors such as experience, company size, and industry sector. However, broadly speaking, salaries for entry-level retail roles can range from around R20 000 to R40 000 per annum, while more senior or specialist roles may command salaries between R60 000 to R120 000 per annum. Experience, qualifications, and specific job requirements often influence actual salary ranges.
Common skills required for retail positions include excellent communication and interpersonal skills, the ability to work in a fast-paced environment, basic knowledge of point-of-sale systems and inventory management, as well as the capacity to adapt to changing sales trends and customer needs. Retail managers may also need to possess strong leadership and analytical skills, while those in more technical roles might require expertise in areas such as supply chain management or data analysis.
The retail industry is a diverse sector, employing professionals in various types of stores, from high-street retailers to specialist boutiques. Financial services sector companies often have large retail operations, while technology industries frequently incorporate e-commerce and digital sales platforms into their retail strategies. Manufacturing companies may also have retail arms for direct sales or product demonstrations.
Career development opportunities exist throughout the retail industry, with many roles offering potential for promotion to senior management positions or specialized departments such as visual merchandising or customer service training. Typically, employees in this field can expect to gain valuable experience and develop new skills through ongoing training programs, which may include leadership development courses, sales strategies workshops, or technical skill-building sessions.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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