Job Description
About the Role
The Financial Accountant position in our Bryanston office is an exciting opportunity for a seasoned finance professional to join our team. As a key member of our Finance department, you will be responsible for managing all accounting operations within the hospitality business, ensuring accurate financial reporting and compliance with South African accounting standards.
Key Responsibilities
- Prepare monthly, quarterly, and annual financial statements in accordance with IFRS and local statutory requirements.
- Maintain the general ledger and ensure all transactions are accurately recorded.
- Reconcile accounts, including bank, supplier, and customer accounts.
- Monitor and report on cash flow, profitability, and financial performance metrics.
- Ensure compliance with SARS regulations, VAT, and other statutory obligations.
- Assist in preparing annual budgets and financial forecasts.
- Monitor budget vs. actual performance and report deviations to management.
- Provide insights and recommendations for cost control and revenue optimization.
- Oversee invoicing, collections, and payments to suppliers.
- Ensure timely processing of supplier payments and reconciliation of accounts.
- Monitor debtor aging and implement credit control measures.
- Maintain and strengthen internal financial controls and procedures.
- Liaise with internal and external auditors to facilitate audits.
- Provide accurate and timely financial information to management for decision-making.
- Support operational departments with financial guidance and analysis.
Requirements
- BCom (Accounting) or relevant Finance degree.
- Professional qualification such as CA(SA), ACCA, or CIMA is highly preferred.
- Minimum 35 years experience in accounting, preferably in the hospitality industry.
- Strong knowledge of IFRS, VAT, and South African statutory reporting requirements.
Qualifications
None mentioned.
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 North Johannesburg
North Johannesburg is home to a thriving financial services sector, with many multinational companies having operations in the region. Typically, the accounting and finance industry in this area experiences steady demand for skilled professionals, driven by the growth of the economy and the need for organisations to maintain accurate financial records and make informed business decisions.
When it comes to salaries, typically the range for accounting and finance positions in North Johannesburg is quite broad, with experience, company size, and industry sector all playing a significant role in determining actual salaries. Generally, junior positions in this field can expect salary ranges of around R400 000 to R600 000 per annum, while senior roles can command salaries upwards of R1 million. However, it’s essential to note that these are broad estimates, and actual salaries may vary significantly depending on individual circumstances.
Common skills required for accounting and finance positions in North Johannesburg include proficiency in financial software, such as SAP or Excel, as well as a solid understanding of financial principles and regulations. Typically, candidates with a degree in accounting or finance, as well as relevant work experience, are best positioned to secure these roles. Other key skills include attention to detail, analytical thinking, and effective communication.
The financial services sector is one of the most significant industries that commonly employs accountants and finance professionals in North Johannesburg. Other sectors that often require these skills include technology, manufacturing, and retail. Typically, organisations in these industries need accounting and finance staff to manage their financial transactions, prepare financial statements, and provide insights to inform business decisions.
For those interested in pursuing a career in accounting or finance, there are many opportunities for development and advancement. Typically, junior roles can provide valuable experience and training, which can be used as a springboard for more senior positions within the organisation. External training programs, such as certifications offered by the South African Institute of Chartered Accountants (SAICA), can also enhance career prospects. With dedication and hard work, it’s generally possible to progress to leadership roles or transition into related fields, such as business analysis or financial planning.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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