Job Description
About the Role
This role partners closely with the School Principal and management team, providing financial insight, control, and support to drive sound decision-making and operational efficiency.
Key Responsibilities
- Act as a key finance partner to the School Principal and leadership team.
- Participate in management and operational meetings, providing financial input and recommendations.
- Guide and advise management on expenditure, budgeting, and cost control.
- Lead and manage the annual OPEX and CAPEX budgeting processes.
- Monitor spend against budgets and provide variance analysis with actionable insights.
- Maintain accurate budget trackers and ensure income and expenses are recorded daily.
- Prepare and analyse monthly management accounts, presenting findings to stakeholders.
- Ensure accurate and timely financial reporting and month-end close processes.
- Prepare and post month-end journals and maintain general ledger integrity.
- Perform monthly reconciliations to ensure accuracy and completeness of financial records.
- Review and ensure accuracy of billing to parents and third parties.
- Oversee debtors management and collections, ensuring timely recovery of outstanding fees.
- Monitor and manage collections related to school events, camps, and tours.
- Ensure bursaries and discounts are correctly applied in line with policies.
- Oversee procurement processes and accounts payable function, ensuring compliance and efficiency.
- Prepare and submit CAPEX applications accurately and within deadlines.
- Monitor and control expenditure related to school events and initiatives.
- Review payroll information and engage with school leadership on any discrepancies or concerns.
- Ensure adherence to financial policies, procedures, and internal controls.
- Train and support staff on financial processes and governance requirements.
Requirements
- Grade 12 (Matric) is essential
- Accounting Diploma / Degree preferred
Qualifications
- No qualifications mentioned in the original job 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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