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Cape Town City Centre: Financial Manager and Head of Creditors

Job Description

About the Role

We are seeking an experienced Financial Manager and Head of Creditors to lead our group-wide creditors and accounts payable function in Cape Town City Centre. The ideal candidate will have a strong background in financial management, credit control, and team leadership, with excellent analytical and problem-solving skills.

Key Responsibilities

  • Lead the group-wide creditors and accounts payable function, ensuring accurate, compliant, and timely supplier and subcontractor payments, reconciliations, and documentation.
  • Manage and develop the creditors team to improve accuracy, accountability, and performance, while maintaining strong supplier relationships and resolving escalated queries.
  • Oversee invoice processing, payment batches, supplier master data, and creditor reconciliations, ensuring discrepancies are cleared and reporting (including age analysis and KPIs) is accurate and timely.
  • Take ownership of financial reporting and month-end close processes, including financial statements, management accounts, reconciliations, accruals, and intercompany balances, ensuring IFRS and internal compliance.
  • Manage cash flow forecasting, liquidity, and working capital, with focus on supplier payment cycles and improving cash conversion efficiency, while supporting treasury and banking relationships.
  • Partner with operational teams to analyse profitability, margins, costs, and supplier spend, providing insights for decision-making and supporting budgeting, forecasting, procurement, and tender processes.
  • Ensure VAT compliance, audit readiness, and broader financial governance, supporting both internal and external audits with accurate and complete financial records.

Requirements

  • CA(SA) preferred but not essential
  • CIMA or Bcom Accounting/Finance/Financial Management or relevant with strong experience post qualification
  • 4 or more years creditors / accounts payable experience, including strong high-volume creditors exposure
  • 1 or more years team management or creditors supervision experience
  • Demonstrable experience owning the financial statements of an entity end to end, with strong reconciliations capability
  • Exposure to multi-entity group structures; experience supporting consolidations advantageous
  • Experience managing management accounts and reporting processes

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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Posted in Jobs in Cape Peninsula, Jobs in Cape Town City Centre, Jobs in Cape Town Region

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