Accountant

SUMMARY:
Company based in Maitland, Cape Town, is seeking a skilled and detail-oriented Accountant to join their finance team. The successful candidate will be responsible for managing the full accounting cycle, ensuring accurate financial reporting, maintaining compliance with statutory and tax regulations, and supporting the organisation’s financial operations.
This role requires a proactive professional with strong technical accounting knowledge, excellent attention to detail, and the ability to implement effective financial systems and processes.
 

Job Purpose:

POSITION INFO:

REQUIREMENTS

Minimum Education (Essential):

• B.Com Accounting or similar qualification

Minimum Applicable Experience:

• 3–5 years’ experience in an accounting or finance role
• Previous experience in the retail industry would be advantageous.

Required Nature of Experience:

• Full accounting cycle management
• Financial reporting and preparation of Annual Financial Statements
• Debtors and creditors management
• Tax and VAT compliance and submissions
• Bank reconciliations and cash flow management
• Fixed asset management and depreciation accounting
• Payroll processing and related reconciliations
• Audit preparation and coordination
• General ledger reconciliations and journal processing
• Implementation of financial systems and controls

Skills and Knowledge (Essential):

• Strong understanding of accounting principles and financial reporting
• Knowledge of IFRS and statutory compliance requirements
• Experience with accounting systems and financial software
• Advanced MS Excel skills and proficiency in Microsoft Office
• High attention to detail and accuracy
• Strong analytical and problem-solving skills
• Ability to manage deadlines and month-end processes
• Good communication and organisational skills
• Ability to work independently and within a team

KEY PERFORMANCE AREAS

Order-to-Cash Cycle

• Maintain customer master data and related financial information
• Manage the sales, invoicing and billing processes
• Oversee debtors accounts and collections
• Perform credit management and customer account monitoring
• Provide financial support relating to customer accounts

Procure-to-Pay Cycle

• Maintain supplier master data and contract information
• Manage purchase requisitions, purchase orders and invoice processing
• Coordinate supplier payments and reconciliations
• Manage supplier relationships and banking interactions
• Monitor company spend and perform spend analytics
• Implement and maintain procurement-related financial controls

Record-to-Report Cycle

• Maintain and review the Chart of Accounts to support reporting requirements
• Manage fixed asset accounting including additions, disposals and depreciation
• Process payroll accounting and related entries
• Perform bank and general ledger reconciliations
• Identify and resolve discrepancies within financial records
• Execute journals and maintain accurate financial records
• Manage cash flow monitoring and reporting

Financial Reporting

• Prepare monthly financial statements and management reports
• Assist with the preparation of Annual Financial Statements (AFS)
• Prepare tax-related financial reports
• Assist with management reporting and financial analysis

Regulatory Compliance

• Ensure timely submissions to regulatory bodies including tax and statutory authorities
• Maintain compliance with company legislation and tax regulations
• Ensure adherence to applicable accounting standards and regulatory frameworks
• Coordinate and support the annual audit process
• Support company secretarial compliance where required

Tax & VAT Compliance

• Manage all aspects of tax administration and compliance
• Prepare VAT calculations, reconciliations and submissions
• Ensure accurate tax reporting and payments

Month-End Accounting Processes

• Process month-end journals and adjustments
• Maintain and reconcile the fixed asset register
• Raise accruals and prepayment adjustments
• Maintain inter-company loan accounts and related transactions
• Process provisions including leave pay and debtor discounts
• Maintain full balance sheet reconciliations and working papers

Banking & Cash Management

• Process cashbooks and maintain accurate bank records
• Perform monthly bank reconciliations
• Follow up on outstanding reconciling items
• Prepare and maintain cash flow forecasts
• Monitor creditor payments and financial commitments