Cape Town: Financial Accountant posted by Rain
Posted on 2025-06-05 00:00:00
| Employer | Rain |
|---|---|
| Category | Telecommunication |
| Location | Western Cape / Cape Town |
Job Summary
Creditors processes
- Ensure creditors team are processing supplier orders and invoices accurately and within deadlines
- Ensure compliance with accounting and VAT/ tax requirements
- Review and approve creditor reconciliations
- Ensure creditor aging is accurately reconciled transactions correctly allocated
- Payment processes
- Ensure supplier payments are scheduled and loaded correctly
Cashflow management
- Reconcile upcoming supplier payments
- Forecast expected purchases and cash requirements
- Analyse variances in actual cashflow from forecast
- Foreign currency transactions
- Review and process foreign currency revaluations
- Forecast FEC requirements and utilize FECs and Reconcile forex gains/ losses
General Ledger and analysis
- Review cost accounts on a monthly basis
- Analyse expenses and provide commentary on costs
- Ensure compliance with applicable accounting standards
- Prepare reports, recons and Balance sheet schedules
- Preparation of monthly management accounts
- Ad hoc reporting, recons and analysis as required
Audit
- Prepare recons & reports required for audit purposes
- Ensure processes and documentation meet audit requirements
Risk management, processes & controls
- Maintain vigilance over new operational and financial risks and implement controls to mitigate risks
- Preparation of tax schedules, returns and liaison with tax authorities
- Any other ad hoc duties as may be required
Team management
- Supervise team members to ensure finance department objectives and deadlines are met
- Review team’s recons & reports to ensure the accuracy and completeness thereof
- Manage the performance of team members
- Plan and approve leave schedules to ensure minimal disruption to operations
- Develop team’s skills through coaching
Requirements
- Postgraduate accounting degree or equivalent qualification.
- 4+ years’ experience in a similar role or equivalent experience.
- Knowledge of IFRS standards and financial reporting a plus
- Proficient in excel (advanced)
- Analytically minded with the ability to work on own initiatives and prioritize effectively.
- Deadline driven, organised, detailed and goal oriented.
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