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Cape Town City Centre: Senior Financial Accountant

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Job Description

About the Role

The Senior Financial Accountant role is a critical position in our company, responsible for handling the accounting function for a group of companies and ensuring compliance with accounting standards, tax regulations, and internal policies.

Key Responsibilities

  • Handling the accounting function for a group of companies
  • Preparing monthly, quarterly and annual financial reports
  • Completion of information processes and reports
  • Preparing and managing reconciliations of bank accounts, ledger accounts, and intercompany balances
  • Reviewing and approving supplier recons
  • Overseeing cash drawdowns requests and the reporting of cashflows to internal stakeholders
  • Coordinating and facilitating timeous payments to suppliers
  • Assisting with the preparation of budgets and financial forecasts
  • Finalizing month end and year-end closing processes
  • Ensuring compliance with accounting standards, tax regulations, and internal policies
  • Preparing reports and supporting schedules for external and internal audits
  • Supervising junior accounting staff and providing guidance and training as needed
  • Improving systems and procedures and initiating corrective actions
  • Managing fixed assets register and depreciation calculations
  • Assisting in implementing financial controls and automation initiatives

Requirements

  • Minimum 7 years of experience (57 years mentioned, but we will assume this is an error)
  • Commercial experience in Fishing, Food-Manufacturing, FMCG sector (advantageous)
  • Strong knowledge of accounting principles and regulations (IFRS or IFRS for SMEs)
  • Advanced Excel skills
  • Excellent attention to detail and analytical skills
  • Proficiency in accounting software (e.g., Navision, Oracle)

Qualifications

  • BCom Accounting (or Similar)

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

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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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