Job Description
About the Role
The Paraplanner will provide an efficient administrative support function to Advisers in Somerset West, assisting with processing transactions, client communication, account management, and basic financial planning.
Key Responsibilities
- Formulate effective financial plan documents and/or risk management documents, in-line with the strategy as outlined by the adviser, and the customers’ needs, objectives, and risk tolerance.
- Prepare statement of advice documentation as required.
- Review customer portfolio review reports in conjunction with changes in customer circumstances and investments and general market movement, as outlined in the sales and service process.
- Ensure report is accurate and that investment strategy is meeting customers’ objectives.
- Keep customers informed and recommend necessary actions where required.
- Review customers’ risk coverage in conjunction with changes in customer circumstances and risk management needs, product offerings available, and changes in product provider rates.
- Prepare statement of advice documentation as required.
- Accurately produce all customer portfolio review documentation and reports in line with the practices service model.
Requirements
- Relevant B.Com Financial degree (Economics, Finance, Business Management, Accounting, Risk Management or Financial Planning)
- Regulatory Exam for Representatives passed (RE5)
- At least 5 years relevant work experience within the financial industry as Paraplanner
Qualifications
- Formal education/certifications: None mentioned in original job description.
Salary & Benefits
- No information provided.
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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