Job Description
About the Role
Cape Herb & Spice is seeking a highly skilled Financial Accountant to join our team in Westlake and Montague Gardens, South Africa. The successful candidate will assist in maintaining accurate financial records, ensuring compliance with accounting standards, and supporting financial reporting and operational efficiency.
Key Responsibilities
- Maintain and reconcile the fixed asset register and wear and tear register, ensuring completeness and accuracy.
- Account for additions, disposals, and transfers of assets in accordance with company policy and accounting standards.
- Review and validate depreciation and amortisation Syspro schedules, performing recalculations where necessary.
- Perform regular asset verifications and ensure proper asset tagging and tracking.
- Oversee annual useful life reviews and ensure correct application of appropriate adjustments.
- Maintain, manage and account for instalment sale agreements, ensuring adherence to accounting requirements.
- Reconcile instalment sale balances and ensure correct interest rates are applied.
- Assist in preparation of monthly management accounts.
- Execute month-end roll-over procedures within the ERP system.
- Prepare and post journals and complete analysis for Insurance & Repairs and Maintenance.
- Perform balance sheet reconciliations with supporting documentation.
Requirements
- Bachelor’s degree in Accounting
- 5 years relevant accounting experience
- Strong knowledge of accounting principles and standards (including IFRS)
- Experience working with ERP systems (Syspro) is an advantage
Qualifications
- Formal education/certifications not specified
Salary & Benefits
- Salary details not specified
Note: The salary, benefits, and qualifications sections were left blank as they were not explicitly mentioned in the original job description.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in South Africa
In the accounting and finance sector in South Africa, one can expect to find a dynamic and growing industry with a wide range of job opportunities. The demand for skilled professionals in this field is high, driven by the country’s growing economy and increasing need for financial management and planning.
Typically, salaries for accountants and finance professionals in South Africa fall within broad ranges, often influenced by factors such as level of experience, company size, and industry sector. Generally, starting salaries can range from around R300 000 to R500 000 per annum, with more senior roles commanding significantly higher salaries, often exceeding R1 million per annum. However, it’s essential to note that these figures are highly variable and can differ substantially depending on individual circumstances.
Common skills required for accounting and finance roles in South Africa include proficiency in financial software such as SAP or Oracle, strong analytical and problem-solving skills, excellent communication and presentation abilities, attention to detail and organisational skills, and a basic understanding of tax laws and regulations. Other valuable skills may include knowledge of financial management systems, experience with budgeting and forecasting, and certification in accounting or finance, such as a Chartered Accountant (SA) designation.
Many industries employ accountants and finance professionals, including the financial services sector, technology industry, manufacturing sector, and public sector organisations. The demand for skilled accountants is particularly high in these sectors, where financial management and planning are critical to success.
Career development opportunities abound in accounting and finance roles, with many professionals progressing to senior positions such as chief financial officer (CFO), controller, or department head. Opportunities for specialisation also exist, with areas like forensic accounting, audit, and taxation attracting a high level of interest. With ongoing professional development and certification requirements, those pursuing a career in accounting and finance can enjoy a rewarding and challenging career path.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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