Job Description
About the Role
Elev8, a specialist data and analytics consultancy with over 15 years’ experience in the insurance and financial services industry, is seeking a numerically strong and technically sound Senior Accountant to join their dynamic team of finance professionals.
Key Responsibilities
- Manage cashbook, debtors, and creditors:
- Cashbook management (receipts, payments, bank reconciliations)
- Debtors ledger: invoice generation, payment allocation, overdue follow-up
- Creditors ledger: invoice capture, payment runs, supplier reconciliations
- Petty cash and expense reimbursements
- Process invoicing for:
- Software service engagements (retainer + milestones)
- License subscriptions (recurring revenue)
- Hourly billing (time-tracking integration)
- Execute bank reconciliations (daily for material accounts)
- Monitor revenue recognition timing (deferred revenue for upfront payments)
- Manage expense reimbursements and supplier payments
- Month-End Close:
- Execute full close in Acumatica (ERP system)
- Prepare and post journals (accruals, prepayments, depreciation, FX)
- Reconcile all balance sheet accounts monthly (debtors, creditors, bank and intercompany)
- Perform GL analysis and variance reviews
- Produce management accounts package with basic commentary
- Statutory Compliance (South Africa):
- Submit monthly VAT returns (reconciled to GL)
- PAYE/UIF reconciliations and submissions (coordinator with payroll provider)
- Support annual financial statements preparation
- Support with external audit (provide schedules, resolve queries)
- Maintain statutory documentation and registers
- Intercompany & Controls:
- Process cross-border intercompany invoices
- Reconcile intercompany balances with offshore entities (North America & Europe)
- Ensure consistent treatment of shared costs and recharges
- Flat transfer pricing or cross-boarder payment issues to leadership
- Maintain accurate and up-to-date fixed asset register
- Execute payment authorisations workflows per delegation of authority
- Document SOPs for all core processes
- Identify and escalate process gaps or control weaknesses
Requirements
- Essential:
- BCom Accounting / Finance (or equivalent)
- 5–7 years general ledger experience (services/software/consulting environment and Businesses with project-based or retainer revenue models preferred)
- Strong Acumatica proficiency (or similar to cloud ERP)
- SA tax knowledge (VAT, PAYE, CIT basics)
- 2+ full external audits completed
- Advanced Excel skills (pivot tables, VLOOKUP, reporting)
- Practical AI tool usage (OpenAI, Copilot, Claude, Gemini)
- Practical understanding of accrual accounting and revenue recognition
- Preferred:
- SAICA articles (Senior/Supervisor level)
- Deferred revenue accounting experience
- Basic understanding of transfer pricing principles
- Exposure to time-tracking system integrations
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accountant Jobs in Western Cape
The accounting profession is a vital component of the Western Cape’s economy, with the industry typically experiencing steady growth due to the region’s strong financial services sector and thriving business environment.
Generally, accountants in South Africa can expect to earn salaries within a broad range of R800 000 to R1.5 million per annum, although this figure can vary significantly depending on factors such as experience, company size, and industry sector. Typically, entry-level positions may start at the lower end of this scale, while senior roles can command much higher figures. It is essential to note that these salary ranges are approximate and can fluctuate based on various market and economic factors.
Common skills required for accountants in Western Cape include proficiency in accounting software such as SAP, Excel, or QuickBooks; strong analytical and problem-solving abilities; effective communication and interpersonal skills; attention to detail and organisational management skills. Typically, professionals in this field possess a degree in accounting or a related field, with many holding professional certifications such as the Certified Public Accountant (CPA) designation.
The Western Cape’s economy is often driven by various industry sectors, including financial services, technology, manufacturing, and logistics. Many companies across these sectors require accountants to manage their finances, prepare tax returns, and provide financial analysis. The financial services sector, in particular, is a significant driver of employment opportunities in accounting roles.
Career development opportunities for accountants in Western Cape are generally excellent, with many professionals progressing to senior roles within the same organisation or moving into management positions. Typically, those who wish to specialise may pursue further education or training in areas such as forensic accounting, taxation, or auditing. In addition, many companies offer professional development programs and opportunities for career advancement, making it an attractive field for those looking to advance their careers.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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