Job Description
About the Role
We are seeking a highly experienced Paraplanner to join our team in Somerset West. As a key member of our financial planning practice, you will partner with Advisors and Financial Planners to deliver comprehensive financial plans that meet clients’ needs, objectives, and risk profiles. This is an exciting opportunity for a motivated professional to make a meaningful contribution to our business.
Key Responsibilities
- Partner with Advisors and Financial Planners to prepare and support the delivery of comprehensive financial plans aligned with clients’ needs, objectives, and risk profiles.
- Prepare financial planning documentation, including investment proposals, review packs, and Records/Statements of Advice, ensuring compliance with legislative, regulatory, and internal policy requirements.
- Conduct research and analysis on investment products, tax implications, capital gains tax (CGT) calculations, and comparative product features to support Advisor recommendations.
- Prepare client meetings by drafting agendas, generating review reports, preparing presentation materials, capturing meeting notes, and ensuring that action items are implemented and followed through.
- Provide technical and analytical support to Advisors during client engagements, including data preparation, financial planning analysis, and presentation support.
- Support the administration and implementation of client portfolios, including new business implementation, rebalancing, switches, withdrawals, and ongoing portfolio maintenance.
- Maintain accurate and up-to-date client records across CRM and financial planning systems, ensuring compliance with FAIS, FICA, and internal record-keeping requirements.
- Liaise with Fiduciary Specialists responsible for drafting client wills and overseeing estate administration, ensuring that estate status is monitored and updates are communicated to Advisors and clients.
- Coordinate upcoming client reviews, assist with workflow planning, and provide feedback to Advisors on operational efficiencies and process improvements.
- Contribute to the ongoing development of paraplanning processes, client service offerings, and internal projects, while participating in training initiatives to expand technical knowledge.
Requirements
- Bachelor of Commerce degree or equivalent tertiary qualification
- Minimum of 3 years paraplanning experience
Qualifications
- Postgraduate Diploma in Financial Planning would be advantageous
- Regulatory Examination (RE5) qualification would be advantageous
- Certified Financial Planner (CFP®) designation would be advantageous
- Experience working with various LISPs (Linked Investment Service Providers) would be advantageous
Salary & Benefits
- Market-related salary
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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