Cape Town City Centre: Project Accountant

January 18, 2026 Jobs in Cape Peninsula

Job Description

About the Role

Our client is seeking an experienced Senior Project Accountant to join their growing Cape Town team. The role is responsible for ensuring the integrity of financial data, cost control, and compliance with international accounting standards across complex, multi-phase engineering projects.

Key Responsibilities

Prepare monthly, quarterly, and annual financial statements in line with IFRS/GAAP.
Manage general ledger, reconciliations, and financial close processes.
Ensure tax compliance (VAT, corporate tax, withholding tax) and liaise with auditors.
Maintain compliance with regulatory requirements, internal controls, and company policies.
Monitor WIP, revenue recognition, project profitability, and cost variances against budgets.
Track project costs, accruals, billing, claims, and cost recovery in support of contract management.
Partner with project managers to control expenditure and provide financial insights.
Manage cash flow forecasting, working capital, bank reconciliations, and credit risk.
Oversee vendor invoicing, payments, collections, and resolution of account discrepancies.
Manage multi-currency transactions and foreign exchange exposure.
Ensure accuracy of financial data within ERP systems (SAP, Oracle, or similar).

Requirements

CA(SA) with a relevant tertiary qualification.
Minimum 3 years’ project accounting experience, preferably in EPC, construction, or engineering.
Strong knowledge of project accounting, WIP, cost management, and international accounting standards.
Proficiency in ERP systems (SAP, Oracle, or equivalent) and advanced Excel.
Experience with multi-currency environments and tax regulations.

Qualifications

CA(SA) qualification.

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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