Job Description
About the Role
We are seeking an experienced Senior Financial Accountant to join our team in Cape Town City Centre. As a key member of our finance function, you will play a crucial role in managing and overseeing daily accounting operations, preparing financial reports, and ensuring compliance with regulations.
Key Responsibilities
- Manage and oversee daily accounting operations
- Prepare monthly, quarterly, and annual financial reports
- Ensure accuracy and completeness of information processes and reported
- Reconcile bank accounts, ledger accounts, and intercompany balances
- Review and approval of supplier reconciliations
- Coordinate cash drawdowns requests and report cash flows to internal stakeholders
- Facilitate timely payments to suppliers
- Assist with budgeting and financial forecasting
- Coordinate month-end and year-end closing processes
- Ensure compliance with accounting standards, tax regulations, and internal policies
- Prepare reports and supporting schedules for external and internal audits
- Supervise junior accounting staff and provide guidance and training as needed
- Improve systems and procedures and initiate corrective actions
- Manage fixed assets register and depreciation calculations
- Assist in implementing financial controls and automation initiatives
Requirements
- B.Com/B.Com(Hons)/CA with 5 years experience preferably in a manufacturing environment
- Strong knowledge of accounting principles and regulations (IFRS or IFRS for SMEs)
- Intermediate Excel skills and knowledge of an ERP
Qualifications
- Formal education/certifications: Please specify if you have any additional qualifications.
Salary & Benefits
- R800k per annum
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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