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Cape Town City Centre: Onboarding Service Charge Accountant

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Job Description

About the Role

We are seeking a detail-oriented and highly organised Onboarding Service Charge Accountant to join our client’s team in Cape Town. The successful candidate will be responsible for onboarding portfolio units, ensuring accurate financial data, and contributing to the business by maintaining accuracy and transparency in all financial matters during the property handover period.

Key Responsibilities

  • Onboard new properties into the Qube system by reconciling opening balances and interrogating incoming data.
  • Prepare accurate service charge budgets and accounting in compliance with ICAEW standards and industry regulations.
  • Calculate and allocate service charges for each property to ensure expenses align with lease agreements and previous manager information.
  • Conduct bank reconciliations on opening and interim balances to ensure funds are held in appropriate accounts according to legal requirements.
  • Prepare monthly, quarterly, and annual financial reports for management, freeholders, and clients.
  • Provide detailed analysis of expenditure, budget variances, and forecasting related to current and previous agent spend.
  • Liaise with auditors during the annual audit process by providing documentation and responding to queries.
  • Assist with the preparation of VAT returns and handle related queries in compliance with HMRC guidelines.

Requirements

Experience using Qube service charge accounting system. Knowledge of ICAEW service charge accounting standards and financial legislation. Ability to engage with stakeholders, including property managers, clients, and auditors.

Qualifications

Formal education/certifications required for this role are not specified by the original job description.

Salary & Benefits

Salary range: R35 000 – R50 000 per month.

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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.

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



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