Job Description
About the Role
We are seeking an experienced Financial Accountant to join our branch in Kuils River, Cape Town City Centre, as part of our national fleet rental and logistics company. The successful candidate will be responsible for providing financial management support to the finance staff, managing cash flow, and ensuring accurate financial reporting.
Key Responsibilities
- General daily management of Finance staff
- Daily FNB download and cash flow management to HO
- Daily checking and allocation of bank receipts
- Review and sign off of sundry payments, including petty cash re-imbursements
- Review and sign off of eft batches to confirm accuracy
- Attend to review of credit application forms and TU report
- Review of customer insurance for quoting purposes
- Review of debtors age analysis and follow up on long o/s debtors with debtors administrator and branch manages including Operations Director
- Regular communication with Trans Union on debtors credit reports
- Computation of Sun City monthly invoice schedule
- Review and sign off of trade creditors reconciliations
- Preparation of monthly BEE spend submission to HO
- Preparation of monthly detailed journal entries with supporting schedules/reconciliations, etc. on all aspects of the general ledger
- Balancing of inter region loan accounts
- Review and sign off of monthly bank recon
- Conduct ad-hoc petty cash counts
- Check and sign off of all inter- company debtors confirmations and ytd revenue
- Submission of monthly inter- group dealership recons to Adrian Berman
- Review of salaries input and sign off with HR Account in GL for all acknowledgement of debt
- Computation and review of sales reps commission monthly
- Computation and recon of monthly interest calculation for Fleetmatics and Moipone
- Analysis and submission of monthly carbon footprint
- Conduct audit test counts and check of monthly workshop stock count
- Co-ordinate and provide audit requirements to Group Internal audit
- Attend to external audit KPMG
- Monthly reports for SCP Debtors, leases, turnover and cost of sales
- Monthly income statement pack and SCP Financial Pack
- Detailed Budget and forecast preparation
- Review of regional monthly vat recon and review of consolidated vat before submission
- Review of tender leads received from PA to the CEO and discussion with NFM and OD
- Assist with tenders as required
- Authorisation of capex on Gems
- Attend to all IT related matter relevant to Finance
- Attend to any other specific requests from NFM and OD
Requirements
- Financial accounting degree
- Preferable to have some current or past experience in Transport Logistics / Fleet/ Manufacturing
- Team player
- Computer literate, especially Excel
- Must be a go getter and able to understand the nature of the business and communicate with all departmental heads
Qualifications
- Formal education/certifications (Bachelor’s, LLB, Matric, etc.)
Salary & Benefits
- Salary details not specified in 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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