Somerset West: Financial Accountant

January 5, 2026 Jobs in Cape Peninsula

Job Description

About the Role

We are seeking a highly skilled and experienced Financial Accountant to join our team in Somerset West. As a key member of our finance department, you will be responsible for managing our day-to-day accounting operations, ensuring the accuracy and timeliness of financial reports, and providing expert advice to support business growth.

Key Responsibilities

Responsible for the day-to-day accounting operations, including accounts payable, accounts receivable, and general ledger entries
Daily cashbook and bank reconciliations
Credit card reconciliations
Responsible for customer invoicing/statements and collections
Liaise with project office team with regards to raising PO’s/SO’s/Invoices
Assist with the timely and accurate processing of supplier invoices
Prepare weekly/monthly payment runs and Intergroup transfers
Liaise with suppliers and clients to resolve queries on accounts
Review and management of all staff reimbursement claims
Maintain the Fixed Asset Register, IFRS16 lease and loan amortization schedules
Prepare Monthly Management Journals (Provisions/Accruals/Prepayments, etc.)
Manage Intercompany loans, recharge invoices and reconciliations
Prepare VAT submissions for review
Prepare Balance Sheet Reconciliations
Prepare monthly reports for review (Divisional P&L’s, etc.)
Support annual audit queries and requests
Ad hoc tasks as requested from management

Requirements

2 – 4 years’ post study experience in a similar role
Experience in a project driven organisation advantageous
Advanced computer literacy (Microsoft Office, ERP systems)
NetSuite experience a plus
Bachelor’s degree in accounting or equivalent
Completed Articles (SAICA/SAIPA/CIMA) advantageous

Qualifications

Bachelor’s degree in accounting or equivalent

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.

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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.

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This information provides general career guidance. Actual salaries and requirements vary by employer.

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