Cape Town: SENIOR ACCOUNTANT posted by Elev8

About the Role

Elev8, a specialist data and analytics consultancy with over 15 years’ experience in the insurance and financial services industry, is seeking a numerically strong and technically sound Senior Accountant to join their dynamic team of finance professionals.

Key Responsibilities

• Manage cashbook, debtors, and creditors:
• Cashbook management (receipts, payments, bank reconciliations)
• Debtors ledger: invoice generation, payment allocation, overdue follow-up
• Creditors ledger: invoice capture, payment runs, supplier reconciliations
• Petty cash and expense reimbursements

• Process invoicing for:
• Software service engagements (retainer + milestones)
• License subscriptions (recurring revenue)
• Hourly billing (time-tracking integration)
• Execute bank reconciliations (daily for material accounts)
• Monitor revenue recognition timing (deferred revenue for upfront payments)
• Manage expense reimbursements and supplier payments

• Month-End Close:
• Execute full close in Acumatica (ERP system)
• Prepare and post journals (accruals, prepayments, depreciation, FX)
• Reconcile all balance sheet accounts monthly (debtors, creditors, bank and intercompany)
• Perform GL analysis and variance reviews
• Produce management accounts package with basic commentary

• Statutory Compliance (South Africa):
• Submit monthly VAT returns (reconciled to GL)
• PAYE/UIF reconciliations and submissions (coordinator with payroll provider)
• Support annual financial statements preparation
• Support with external audit (provide schedules, resolve queries)
• Maintain statutory documentation and registers

• Intercompany & Controls:
• Process cross-border intercompany invoices
• Reconcile intercompany balances with offshore entities (North America & Europe)
• Ensure consistent treatment of shared costs and recharges
• Flat transfer pricing or cross-boarder payment issues to leadership
• Maintain accurate and up-to-date fixed asset register
• Execute payment authorisations workflows per delegation of authority
• Document SOPs for all core processes
• Identify and escalate process gaps or control weaknesses

Requirements

• Essential:
• BCom Accounting / Finance (or equivalent)
• 5–7 years general ledger experience (services/software/consulting environment and Businesses with project-based or retainer revenue models preferred)
• Strong Acumatica proficiency (or similar to cloud ERP)
• SA tax knowledge (VAT, PAYE, CIT basics)
• 2+ full external audits completed
• Advanced Excel skills (pivot tables, VLOOKUP, reporting)
• Practical AI tool usage (OpenAI, Copilot, Claude, Gemini)
• Practical understanding of accrual accounting and revenue recognition

• Preferred:
• SAICA articles (Senior/Supervisor level)
• Deferred revenue accounting experience
• Basic understanding of transfer pricing principles
• Exposure to time-tracking system integrations