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South Africa: Finance Assistant

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Job Description

About the Role

We are seeking a highly skilled and experienced Finance Assistant to join our team in South Africa. As a key member of our finance department, you will be responsible for providing administrative support to ensure the smooth operation of our financial processes. Your attention to detail, organizational skills, and ability to work under pressure will be invaluable assets to our team.

Key Responsibilities

  • Maintain accurate accounting records in line with company policies
  • Capture and process journals, invoices, and payments
  • Maintain general ledger integrity and supporting schedules
  • Ensure proper filing and document control (physical and electronic)
  • Process supplier invoices and reconcile statements
  • Prepare payment schedules
  • Assist with debtor invoicing, receipt allocations, and follow-ups
  • Resolve basic supplier and customer account queries
  • Monitor cash inflows and outflows and report variances
  • Perform daily and weekly bank and cash reconciliations
  • Monitor bank balances and assist with cash flow tracking
  • Prepare payment and banking documentation

Requirements

  • 23 years of experience in a finance or accounting role
  • Exposure to general ledger, AP/AR, and reconciliations
  • Experience supporting senior finance management is advantageous
  • Working knowledge of accounting software (Sage, Pastel, Xero, SAP, or similar)
  • Strong Microsoft Excel skills
  • Proficiency in Word and Outlook
  • Basic understanding of VAT, PAYE, UIF

Qualifications

  • Diploma or Degree in Finance, Accounting, or related field
  • Relevant bookkeeping or accounting qualification
  • Studying towards CIMA, ACCA, SAIPA (advantageous)

Salary & Benefits

  • [Salary range: R500,000 – R700,000 per annum]
  • Comprehensive benefits package
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How to Apply

About Accounting / Finance Jobs in ZA

In the South African job market, Accounting and Finance positions are in high demand across various industries. Typically, these roles require a strong foundation in financial management, planning, and analysis. Generally, professionals with expertise in accounting and finance are sought after to support businesses in making informed decisions.

When it comes to salary expectations for Accounting and Finance roles in South Africa, it’s common for entry-level positions to start within the R300 000 – R500 000 per annum bracket. As one gains experience, salaries can increase to R800 000 – R1 200 000 or more, depending on factors such as company size, industry sector, and individual performance. However, it’s essential to note that these are broad ranges and actual salaries may vary significantly.

Common skills required for Accounting and Finance roles in South Africa include proficiency in financial software (e.g., Xero, Sage), strong analytical and problem-solving skills, attention to detail, excellent communication and interpersonal skills, and the ability to interpret financial data. Typically, candidates with a degree in Accounting or a related field are preferred, although experience and certifications can also be valuable.

The accounting and finance industry is diverse and can be found across various sectors, including financial services, technology, manufacturing, and more. In general, companies in these industries require professionals who can provide expertise on financial planning, budgeting, and forecasting. Often, these roles involve working closely with management to develop and implement financial strategies.

For those interested in pursuing a career in Accounting or Finance, there are several career progression paths available. Typically, entry-level positions lead to senior finance or accounting roles, such as financial controller or accountant manager. With experience and further education, professionals can move into leadership positions, including chief financial officer (CFO) or equivalent.

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



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