Job Description
About the Role
Join a leading South African business with a strong national footprint and a reputation for operational excellence. As a Payroll Accountant, you will play an integral role in driving process improvements and strengthening financial controls within a stable business that is committed to operational excellence and offers long-term career growth and development opportunities.
Key Responsibilities
- Prepare payroll journals across weekly and monthly payroll cycles.
- Process payroll-related general ledger entries.
- Analyse payroll data to ensure accuracy and completeness.
- Ensure payroll transactions are correctly reflected in the general ledger.
- Perform reconciliations of salaries, wages, employee liabilities, and third-party accounts.
- Investigate and resolve reconciling items promptly.
- Maintain supporting documentation and ensure all payroll accounts balance accurately.
- Prepare and submit EMP201 returns.
- Support bi-annual and annual EMP501 reconciliation processes.
- Ensure accurate accounting for PAYE, UIF, and SDL.
- Manage and reconcile payments relating to medical aid schemes, retirement funds, garnishees, and other payroll-related service providers.
- Resolve discrepancies and ensure timely settlement of payroll liabilities.
- Analyse payroll variances and investigate significant movements.
- Identify risks, discrepancies, and irregularities.
- Provide insights to support sound financial decision-making.
- Prepare payroll reconciliations and supporting schedules for audit purposes.
- Respond to internal and external audit queries.
- Support the implementation of corrective actions and continuous improvement initiatives.
Requirements
- Strong understanding of employee taxes, benefits, and statutory deductions.
- Advanced Excel skills.
- Experience with SAGE300 will be advantageous.
Qualifications
Matric (Grade 12)
BCom Degree in Finance
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Finance/Accounting Management Jobs in Western Cape
In Western Cape, South Africa, the finance and accounting management field is generally thriving, with a strong demand for skilled professionals to drive business growth and optimise financial performance. The region’s diverse economy, which includes various sectors such as technology, manufacturing, and services, creates a wide range of opportunities for finance professionals. As a result, job seekers in this field can expect a competitive market with varying levels of complexity depending on the industry sector.
Typically, finance and accounting management positions in Western Cape offer broad salary ranges, often falling within the R400 000 to R700 000 per annum bracket, depending on factors such as experience, company size, and industry sector. For example, senior roles may command higher salaries, while entry-level positions may start at around R250 000. However, it is essential to note that these figures are general estimates, and actual salaries can vary significantly based on individual circumstances.
Common skills required for finance and accounting management roles in Western Cape include expertise in financial planning and analysis, budgeting and forecasting, financial reporting and compliance, leadership and management, communication and interpersonal skills, analytical and problem-solving abilities, and technical proficiency in accounting software such as SAP or Microsoft Dynamics. These skills are highly valued across various industries, including the financial services sector, technology industry, manufacturing sector, and more.
These roles are often found in industries that require strong financial planning and management, such as the technology industry, where companies like Google and Microsoft operate. The manufacturing sector also frequently employs finance professionals to oversee production costs and optimize supply chains. In addition, the services sector, which encompasses various industries, including healthcare and education, also requires skilled finance professionals.
Career development opportunities in finance and accounting management are diverse, with many professionals progressing to senior leadership roles or moving into specialised areas such as audit and assurance, risk management, or financial planning. With experience and further training, finance professionals can take on increasingly complex challenges and assume more senior responsibilities within their organisations.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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