Job Description
About the Role
We are seeking an experienced Accountant to join our team in Cape Town City Centre. The successful candidate will be responsible for ensuring accurate and timely financial reporting, as well as providing insightful analysis to support business decisions.
Key Responsibilities
- Perform full month-end processing, including preparation and posting of journals
- Prepare monthly Trial Balances in accordance with agreed deadlines
- Review, sign off, and maintain comprehensive month-end checklists and supporting documentation files
- Reconcile all Income Statement and Balance Sheet accounts monthly
- Ensure outstanding reconciling items are followed up and resolved timeously
- Prepare monthly management accounts and provide detailed variance analysis against budget and prior periods
- Present and discuss Income Statement results with Principals on a monthly basis, highlighting key drivers and variances
- Analyse revenue, expenditure, and profitability to identify trends, risks, and opportunities for improvement
- Ensure accurate allocation of income and costs and correct any misallocations promptly
- Use financial ratios and profitability analysis to support informed business decisions
- Assist in the preparation and ongoing management of annual budgets
- Support the development of rolling forecasts to reflect current and expected financial performance
- Collaborate to develop realistic and achievable financial plans
- Drive a strong focus on achieving annual budgeted EBIT targets
- Maintain and manage intercompany loan account matrices and ensure accurate processing and reconciliation of intercompany transactions
- Ensure compliance with financial policies, accounting standards, and internal reporting requirements
- Support audit processes and provide necessary schedules and documentation as required
- Oversee creditor management and payment processes in collaboration with Group Shared Services
- Manage internal and external financial queries professionally and within agreed service levels
- Maintain a customer-focused approach, ensuring timely and accurate resolution of queries
Requirements
- Completed SAIPA/SAICA articles
- Minimum 3 years or more commercial experience
- Full Finance function from Processing to budgets and variance
- Strong ability to collaborate across departments
Qualifications
- SAICA or SAIPA articles
- B.Com or B.Com (Hons) degree
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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