Job Description
About the Role
The Finance Administrator position at our institution in Cape Town City Centre will be responsible for managing Units funds, preparing financial reports, and ensuring compliance with external funder requirements. This is a 12-month Fixed Term Contract opportunity that requires strong accounting skills, attention to detail, and excellent communication abilities.
Key Responsibilities
- Management of Units funds and reporting
- Run and analyse monthly internal management reports
- Assisting in collecting budget data for preparing Budget Proposals for Research Projects
- Prepare monthly/quarterly/annual financial reports as per external funder requirements when required
- Monitor the units budgets and expenditure
- Ensure all funds are reviewed on a regular basis and irregularities and potential problems are reported
- Assist with budget compiling for external grant applications
- Expense tracking processing
- Timesheets monthly processing
- Receive purchase order request from relevant parties and ensure that approval is obtained
- Communicate with all vendors regarding outstanding deliveries and payment procedure
- Petty cash management for department
- Assist on all finance ad-hoc assignments
Requirements
- Grade 12 / Matric equivalent (with bookkeeping, accounting or mathematics as subjects)
- An Accounting or Financial Qualification from a Tertiary Institution will be advantageous
- Minimum of 3 years working experience in a financial administration environment
- Understanding of accounting principles
- Previous budgeting experience
- Understanding of and experience with forex
- A working knowledge of Accpac is advantageous
- High level of computer literacy (MS Excel, MS Word, MS Outlook, Internet)
- Excellent communication and interpersonal skills
Qualifications
None mentioned in the original description.
Salary & Benefits
Not mentioned in the original 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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