SENIOR FINANCIAL ACCOUNTANT

SUMMARY:
To execute and improve key accounting functions, including financial reporting, general ledger maintenance, budgeting, audit coordination, VAT compilation and submission, payroll reconciliations, and payment processing. Ensuring the accuracy, compliance, and integrity of financial data and automation and streamlining of finance processes.

POSITION INFO:

KEY PERFORMANCE AREAS:

Financial Reporting

Ensure accuracy, completeness, and timeliness of financial reports.

• Prepare monthly and annual financial statements in accordance with IFRS.
• Maintain audit readiness file. Conduct payroll reconciliations and confirm tax obligations.
• Identify cost-reduction and process improvement opportunities.
• Resolve accounting queries independently.
• Submit financial reports to internal and external stakeholders on time.
• Budget Management
• Assist in developing annual budgets and periodic forecasts.
• Collect and consolidate inputs from departments.
• Prepare management reports and analyse cost centre variances.
• Provide financial insight to support business planning.

• Maintain Power BI dashboards to visualise performance against budget.

General Ledger Management

Ensure all journal entries are accurate, authorised, and supported.

• Maintain and reconcile general ledger accounts. Perform monthly adjustments, accruals, and balance checks.
• Support financial system enhancements and integrations.
• Maintain integrity of the trial balance.

VAT & Regulatory Compliance

• Compile, reconcile, and submit VAT returns accurately and on time.
• Ensure compliance with SARS requirements and maintain audit trails.
• Address VAT-related queries and discrepancies.
• Monitor changes in tax legislation and assess business impact.

Payroll & Statutory Submissions

• Oversee monthly payroll processing and reconciliations.
• Prepare payroll journals and provisions.
• Ensure compliance with PAYE, UIF, SDL, and other statutory obligations.
• Liaise with HR and external payroll providers.
• Support annual remuneration and payroll audits.

Audit Management

• Coordinate annual external and internal audit processes.
• Compile supporting audit files and provide requested evidence.
• Ensure compliance with financial legislation to minimise audit findings.
• Implement audit recommendations.

Payment Processing

Conduct first-level review of payment requests.

• Facilitate timely and accurate payments within delegated authority.
• Reconcile supplier accounts and monitor cash flow requirements.
• Strengthen payment controls and documentation.

Ad hoc / Projects

• Provide financial analysis and ad-hoc reports as required.
• Act as backup for other finance roles.
• Support system upgrades and automation projects.
• Mentor junior finance staff and review their work.

QUALIFICATIONS, KNOWLEDGE & SKILLS:

Minimum

• Bachelor’s Degree (NQF level 7) in Accounting
• CA(SA) or equivalent professional qualification
• Completed SAICA/SAIPA articles – Essential
• Strong IFRS background
• Minimum 2 years post-articles experience in a corporate finance or accounting role (outside of audit)
• Proven experience in budgeting, forecasting, and financial analysis
• Experience in VAT compilation, reconciliation, and submission
• Experience in payroll accounting and statutory submissions (PAYE, UIF, SDL)
• Advanced proficiency in Excel and Power BI (dashboard design and data modelling)
• Experience with ERP systems (SAP, Sage, or similar)

Ideal

• Postgraduate qualification (NQF level 8) in Finance advantageous
• Advanced Excel proficiency
• Power BI dashboard development experience advantageous.

Experience in financial planning and analysis, system automation, or digital reporting

Technical Skills

• Strong proficiency in financial accounting systems (SAP, Sage, Oracle, or similar)

• Advanced Excel (pivot tables, lookups, complex formulas)
• CaseWare financial statement preparation
• Knowledge of IFRS, VAT, payroll, and tax regulations
• Budgeting, forecasting, and analytical reporting
• Reconciliation, audit preparation, and consolidation experience
• Advanced MS Office Suite skills
• Analytical thinking and problem-solving ability
• Excellent attention to detail and accuracy Power BI proficiency (data modelling and dashboard building)

BEHAVIOURAL COMPETENCIES:

• • Proactive and results-driven
  • Reliable, disciplined, and able to work independently
  • Strong collaborator and supportive team player
  • Upholds integrity, confidentiality, and professionalism
  • Continuous learner with a drive for process improvement and automation

DESIRED ATTRIBUTES:

• Accuracy - The ability to execute outputs with exactness and precision thereby eliminating errors
• Self-Motivated - The ability to pursue the achievement of an output/objective by internal locus of control without external motivation
• Work Under Pressure -The ability to maintain work rate according to standards whilst operating under severe time and delivery constraints
• Reliability- The ability to be trusted to do what is expected in terms of work outcome
  • Resilience- The ability to process information, negative and positive, and be able to continue work without negative effect
  • Self-Starter -The ability to act independently and start processes without any external motivation

It is 4Racing’s intention to promote equity (race, gender, and disability) through the filling of this post with a candidate whose transfer / promotion / appointment will promote representativity in line with the numeric targets as contained in our Employment Equity plan.

APPLICATIONS

If you are interested in applying for this position and have the necessary qualification, experience, knowledge, and skills, please forward your cv including credentials to

Please note that applications are strictly submitted online.

Please consider your application unsuccessful if you have not received a response within three-weeks of submission.

It is 4Racing’s intention to promote equity (race, gender, and disability) through the filling of this post with a candidate whose transfer / promotion / appointment will promote representativity in line with the numeric targets as contained in our Employment Equity plan.

Closing Date: 25 November 2025

“Building The World’s Most Loved Racing Experience”

NB! This job is now closed. You can apply for other jobs by uploading your CV.