Job Description
About the Role
Elev8, a Global Financial Services concern, is seeking a highly numerically inclined and technically sound Financial Accountant to join their dynamic team of finance professionals in Century City, Cape Town. The successful candidate will be responsible for managing the day-to-day financial accounting functions of the business, including cashbooks, reconciliations, payroll, and management reporting.
Key Responsibilities
- Weekly cashbook processing (ZAR and foreign denominated accounts) and performance of bank reconciliations.
- Weekly revenue processing and monthly debtor reconciliations. Liaising with the commissions department to resolve any commissions related issues.
- Preparation of bi-monthly supplier payment schedules after reviewing and signing off on creditors reconciliations.
- Preparing and executing payments on the banking platform.
- Performing monthly payroll processing. Liaising with the payroll department to resolve any payroll related issues.
- Monthly reconciliation of all balance sheet accounts including reconciliation of all intercompany debtor, creditor and loan accounts.
- Maintaining of monthly budgets.
- Preparation of monthly management accounts and responding to any queries from group financial manager.
- Liaising with internal and external stakeholders to resolve any queries / respond to any requests.
- Assisting financial manager with projects.
- Responding to annual audit queries / preparation of audit packs.
Requirements
- Essential Qualification: Bachelor’s degree in Accounting, Finance, or a related field
- Professional qualification (e.g. SAICA, ACCA, CIMA) – advantageous
- 3–5 years’ experience in a financial accounting role gained within the financial services / investment / consulting / property / legal or related corporate industry would be advantageous!
- Strong knowledge of accounting principles and financial reporting standards
- SAGE 200 Evolution experience is highly preferred!
- Proficient with Excel – Advanced
- Proficient with MS Office
- Exposure to foreign currencies (GBP, USD, EUR) – advantageous
Qualifications
No qualifications mentioned in the original job description.
Salary & Benefits
R40 000 Basic Per Month plus Benefits (Negotiable based on qualification and years of relevant experience)
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Banking Jobs in Western Cape
The Western Cape is home to a thriving banking industry, with a diverse range of roles available across various sectors. Typically, the job market in this field is characterized by strong demand for skilled professionals, particularly in areas such as financial analysis and risk management. Generally, banks and financial institutions in the region offer competitive salaries and benefits packages to attract top talent.
The salary range for banking positions in the Western Cape can vary widely depending on factors such as experience, company size, and industry sector. Commonly, entry-level roles may command salaries ranging from R500 000 to R800 000 per annum, while senior positions can fetch salaries between R1 million to R3 million or more. However, it’s essential to note that these are broad estimates and actual salaries may differ significantly depending on individual circumstances.
Common skills required for banking roles in the Western Cape include proficiency in financial software, analytical thinking, communication skills, and attention to detail. Additionally, knowledge of financial markets, regulatory requirements, and risk management techniques is highly valued. Often, candidates with a degree in economics, finance, or accounting are well-suited for these types of roles.
The banking industry in the Western Cape commonly employs professionals from various sectors, including financial services, technology, manufacturing, and business services. The region’s strong economy and growing financial sector have created a high demand for skilled bankers and financial specialists.
For those interested in pursuing a career in banking, it’s essential to consider opportunities for professional development and growth. Typically, banks offer training programs and mentorship schemes to help employees develop their skills and advance in their careers. Often, career progression paths may involve roles such as portfolio management, risk analysis, or business development, while senior positions can lead to executive-level appointments or entrepreneurship. By focusing on developing key skills and building a strong network, job seekers can increase their chances of success in this dynamic and rewarding field.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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