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 City Centre. The successful candidate will be responsible for managing multiple deadlines, demonstrating strong problem-solving skills, prioritizing tasks efficiently, and communicating clearly with the Finance Manager, team members, and external stakeholders.
Key Responsibilities
- Reporting to the Finance Banking Manager, ensure the reconciliation of all company bank and GL accounts in the stipulated time period.
- 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 local and foreign banks regarding charges and cash banking queries.
- Ensure all queries are resolved within the permitted timeframes.
- Assist the banking team with regards to stand-in support, in the absence of any team members.
- Liaise with external and internal audit as require.
Requirements
Matric, supported by substantial relevant work experience. Post Matric qualifications advantageous. Experience in 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), Oracle Financials, Business Online, new Business Online (Africa) and an appropriate bank reconciliation system.
Qualifications
No formal education/certifications mentioned in the original description.
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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