Financial Accountant
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Job Location:
Stellenbosch - South Africa
Monthly Salary:
Not Disclosed
Posted on:
15 hours ago
Vacancies:
1 Vacancy
Job Summary
Financial Accountant
Department: Finance
Reports to: Finance Manager
About the Role
An exciting opportunity exists for a detail-oriented and analytical Financial Accountant to join a dynamic finance team. This role is responsible for ensuring complete and accurate financial accounting within a multi-entity environment.
The successful candidate will take ownership of transactional accounting reporting banking processes and assist with budgeting and audit requirements while ensuring compliance with internal controls and financial standards.
Key Responsibilities
1. Shared Services / Accounting / Bookkeeping
- Ensure accurate and timeous bookkeeping to support informed business decisions
- Process invoices in line with company policies and internal controls
- Prepare monthly provisions and accruals
- Perform balance sheet reconciliations and self-reviews
- Maintain and update the fixed asset register
- Process journals and ensure accuracy across reporting platforms
- Manage time effectively to meet strict reporting deadlines
2. Debtors Creditors & Cash Management
- Process high volumes of creditor invoices journals payments and allocations
- Prepare reconciliations age analysis and month-end packs
- Manage credit card reconciliations and supplier follow-ups
- Maintain creditor database and monitor payment terms
- Process intercompany and recharge transactions
- Manage weekly payment runs and expense claims
- Review cost centre allocations and general ledger accuracy
3. Budgeting & Internal Reporting
- Participate in the bi-annual budgeting process
- Analyse overhead expenses and monitor spend against budget
- Prepare and distribute monthly actual vs budget reports
- Conduct month-end reconciliations up to management account level
- Identify and document internal control improvements
4. Banking & Cash Flow
- Manage beneficiaries and banking processes in line with approval limits
- Prepare weekly bank reconciliations (local and foreign currency accounts)
- Monitor cash balances and optimise cash flow
- Provide weekly cash flow reporting to leadership
5. Audits & Financial Statements
- Assist with audit queries and audit preparation
- Provide support and backup within the finance team
Minimum Requirements
Qualifications
- Diploma or Degree in Accounting (Essential)
- Valid Drivers License (Essential)
Experience
- Minimum 2 years commercial accounting experience
- Minimum 3 years MS Office proficiency (Advanced Excel essential)
- Minimum 3 years ERP system experience
- 2 years experience with inventory/export systems (advantageous)
Knowledge
- IFRS / IFRS for SMEs
- INCO terms
- Forex transactions
Competencies & Skills
- Strong sense of ownership and accountability
- Ability to work independently and under pressure
- Analytical and rational problem-solving ability
- Excellent attention to detail
- Strong reconciliation and financial analysis skills
- Effective communicator with internal and external stakeholders
- Strong organisational and time management skills
- Ambitious with a drive for continuous improvement
Key Skills
- SRP systems
- Financial Statement Preparation
- Accounting Software
- Hyperion
- Financial Report Writing
- GAAP
- General Ledger Accounting
- Accounting
- Regulatory Reporting
- Account Reconciliation
- SOX
- Financial Analysis
About Company
We strive to be the recruitment partner of choice for our clients candidates and team, in South Africa, across the African continent, and globally.
