Job Description
About the Role
Our client, an established company within the financial sector, is seeking a highly skilled and experienced Accountant to join their team. This is an excellent opportunity for an individual with strong planning and organising abilities to grow their career within a reputable organisation.
Key Responsibilities
- Procurement and suppliers: Review primary source documents; Ensure adherence to Company’s policies, procedures, budget limits, and Levels of Authority regarding goods and services procured; Complete “checks” on completeness of supporting documentation maintained; Monitor supplier payment terms and enforce them.
- General accounting records and reconciliations: Review cash books and bank reconciliations; Review supplier reconciliations; Review fixed asset registers; Process non-routine/complex journal entries and review journal entries posted by bookkeeper; Prepare balance sheet reconciliation schedules for account balances and review schedules prepared by bookkeeper to ensure balance sheet is appropriately reconciled.
- Management information: Prepare accurate management accounts, including update of forecasts, monthly cash flow, and all supporting schedules timeously; Prepare an accurate budget, including the update of forecasts and all supporting schedules timeously; Maintain all other management information requested by executive management team.
- Sales function: Prepare calculations for revenue generated (including supporting documentation); Perform checks on inputs used for system-generated revenue calculations to approved sources (agreements etc); Collect outstanding amounts due from customers; Update and maintain summaries of Assets Under including movements.
- Treasury and financial soundness: Review functions performed by bookkeeper; Take ownership of validity, accuracy, and completeness of weekly and long-term cash flow preparation in line with required timelines; Prepare calculations to monitor financial soundness requirements for current and future periods (liquidity, cash holdings, CAR & solvency).
- Taxation: Prepare VAT reconciliation and working papers including reasonability of VAT declared; Maintain reconciliation of balances owing to/by SARS for all balances due; Prepare tax computation for monthly reporting and annual financial statements; Ensure valid tax clearance is maintained at all times.
- Audit and year-end: Provide information to auditors and Group management timeously; Preparation of annual financial statements.
- Budgets: Preparation of yearly budgets for allocated entities; Assist in preparation of support area budgets.
Requirements
Accounting Degree (BCom or BCompt (Acc)); Completed articles and 3 years experience in accounting function or; 10 year experience in accounting Pension fund accounting experience beneficial.
Salary & Benefits
Not specified
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in Cape Town City Centre
In Cape Town City Centre, the accounting and finance sector is generally thriving, with a high demand for skilled professionals to support various industries. Typically, companies in this sector are looking for individuals with strong analytical skills, attention to detail, and excellent communication abilities.
When it comes to salary expectations, it’s common for accounting and finance roles in Cape Town City Centre to fall within the broad range of R500 000 to R1,5 million per annum, depending on factors such as experience, company size, and industry sector. However, please note that actual salaries can vary significantly, and this is only a general guideline.
In terms of common skills required for accounting and finance roles in Cape Town City Centre, typically these include proficiency in financial software (such as QuickBooks or Xero), strong analytical and problem-solving skills, excellent communication and interpersonal skills, attention to detail, and the ability to work well under pressure. Other common skills include knowledge of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS), as well as experience with budgeting, forecasting, and financial analysis.
The accounting and finance sector is commonly found in various industries, including financial services, technology, manufacturing, and retail. These roles often involve providing financial support to businesses, managing financial data, and ensuring compliance with regulatory requirements.
For career development, common progression paths for accounting and finance professionals in Cape Town City Centre include moving into senior roles such as financial controller or head of finance, or transitioning into related fields such as taxation, auditing, or business consulting. Typically, these roles require further education and training, such as a postgraduate diploma or degree in accounting or finance.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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