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Cape Town City Centre: General Ledger Accountant (Fixed Assets)

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Job Description

About the Role

Our client, a leading South African fashion retailer, is seeking a skilled General Ledger Accountant (Fixed Assets) to join their team in Cape Town City Centre. As a self-starter with excellent attention to detail, you will be responsible for managing the day-to-day activities around the Group’s fixed assets, ensuring accuracy and efficiency in financial reporting.

Key Responsibilities

  • Maintaining the depreciation and tax asset registers for all countries
  • Addition of new capex items to the asset registers
  • Liaising with the company’s Contracts departments on all store capital expenditure spend
  • Preparation of the monthly reconciliation of the asset registers to the general ledger (Both in the local currency and ZAR translated)
  • Reporting on Capex spend per project
  • Assist in the review of the useful life of assets
  • Month end close processes
  • Assist auditors in all assets related queries

Requirements

  • BCom or equivalent
  • Minimum of two/three years working experience
  • Preferably experience with Fixed Assets
  • Experience with Oracle Fixed Assets and General Ledger modules (or a similar package) would be beneficial

Qualifications

  • Formal education/certifications not specified in the original job description, so skipping this section.

Salary & Benefits

No information provided about salary or benefits in the original job description, so skipping this section.

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.

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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.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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