Job Description
About the Role
We are seeking an experienced Accountant to join our team in Somerset West, responsible for providing financial leadership and support to ensure the smooth operation of our business.
Key Responsibilities
- Prepare monthly management reports, including reconciliations, variance analysis, and key financial metrics.
- Analyse gross profit to identify performance gaps and provide actionable insights.
- Perform the full bookkeeping function up to Trial Balance.
- Act as a strategic liaison between directors, finance, and operations to ensure alignment on priorities and timely execution of financial decisions.
- Improve financial processes by identifying inefficiencies and developing workflow enhancements.
- Perform full bank allocations and reconciliations using Xero.
- Prepare weekly ageing reports to monitor debtors and creditors.
- Reconcile loan accounts, accounts receivable, and accounts payable.
- Assist with inter-departmental and inter-company billing and invoice reconciliation.
- Build and maintain automated Excel models to streamline reporting and data processing.
- Support the development and implementation of transfer pricing methodologies for internal cost centres.
- Journal all cash movements on Xero and report on cash expenses.
- Accurately capture intercompany transactions, loans, and loan interest monthly.
- Assist the creditors clerk with queries and manage weekly payments of outstanding payables.
- Liaise with the debtors clerk to ensure accurate and prompt client invoicing.
- Track and report partial inventory to management.
- Maintain the fixed asset register on Xero.
- Analyse and report on price and weight discrepancies.
- Provide ad hoc reporting as required by management.
- Calculate and submit monthly statutory returns.
Requirements
Matric with a B. Com Degree in Accounting qualification
Qualifications
Minimum 3 years’ experience in similar role
Salary & Benefits
*Note: Salary information not provided*
Additional Information
Only shortlisted candidates will be contacted.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
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.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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