Job Description
About the Role
A large, successful multinational sports body is seeking an Accountant to maintain accurate financial records and ensure the integrity of data and reports. The ideal candidate will be responsible for processing general ledger journals accurately within the period of reporting, performing monthly balance sheet reconciliations, and preparing VAT reconciliation and filing with SARS.
Key Responsibilities
- Processing of General Ledger journals accurately within the period of reporting
- Perform monthly balance sheet reconciliations for review and sign off, and ensure reconciling items are cleared within 2 months of reporting
- Preparation of monthly VAT reconciliation and filing thereof with SARS
- Respond to SARS queries on VAT matters timeously
- Review employee reimbursements in the ERP system
- Reconciliation of the AP employee expense account
- Track and follow up on credit card spend and ensure timeous accounting of transactions by Line Managers
- Analysis of general ledger accounts and reporting of variances every month
- Open and maintain new and existing general ledger codes in ERP system and ensure any amendments are authorised
- Publish the accurate and complete management accounts for Line managers to review
- Input weekly forex rates on the ERP system
- Perform Ad-hoc financial activities, e.g., budget uploads and structure amendments in ERP system, and in line with business needs
- Execution of salary deductions in the payroll system
- Attend to GL audit queries within agreed turnaround times
- Prepare an amortisation schedule for loans receivable from member unions
Requirements
- BCom qualification
- 5 years experience in a financial reporting environment
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 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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