Accountant

Tgmlive; Cape Town; On-site; ZAR 300 000 - 500 000; Full time

Job summary

A financial services firm based in Cape Town is looking for an experienced Accountant to manage financial reporting and ensure compliance with South African financial regulations. The role involves capturing transactions, preparing financial statements, and managing payroll processing. Ideal candidates will have a degree in Accounting or Finance, proficiency in accounting software, and experience in compliance and statutory returns. This position offers opportunities for strategic involvement with upper management.

Benefits

Health insurance

Flexible working hours

Professional development opportunities

Qualifications

• Experience preparing financial statements and reports.
• Strong knowledge of tax and compliance regulations in South Africa.
• Proficient in accounting software and financial systems.

Responsibilities

• Capture all financial transactions including sales and invoices.
• Prepare monthly management accounts and reconciliations.
• Reconcile bank accounts and manage cash flow.

Skills

Financial Reporting

Payroll Processing

Transaction Recording

Cost Monitoring

Compliance

Education

Bachelor's degree in Accounting or Finance

Tools

Xero

Sage

Job description

Annexure A : Accountant ResponsibilitiesFinancial Accounting & Reporting

• Transaction Recording : Capture all financial transactions including sales, supplier invoices, payroll entries, and petty cash movements.
  Maintain and reconcile general ledger accounts in line with monthly closing schedules.
• Financial Reporting : Prepare monthly management accounts, trial balances, and reconciliations.
  Support preparation of year-end financial statements and audit documentation.
  Banking & Reconciliations
• Bank & Cash Management : Reconcile all bank accounts, cash deposits, and POS settlements across TGM and Pagamio.
  Monitor daily cash flow and flag discrepancies or irregularities for resolution.
• Digital & Wallet Reconciliations : Ensure alignment of Pagamio transaction reports with accounting records.
  Verify settlements for mobile wallets, card machines, and vouchers.
  Tax & Compliance
• Statutory Returns : Prepare and submit VAT, PAYE, UIF, and other statutory returns within deadlines.
  Maintain compliance with South African financial regulations and international accounting standards for overseas operations.
• Audit & Governance : Support internal and external audits by preparing schedules, reconciliations, and explanations.
  Ensure adherence to company financial policies and controls.
  Payroll & Staff Payments
• Payroll Processing : Prepare payroll data including hours, overtime, deductions, and bonuses.
  Reconcile and process monthly payroll with supporting schedules.
• Compliance : Ensure staff payments comply with tax and labour law requirements.
  Maintain confidentiality of payroll records.
• Supplier Accounts : Record, monitor, and reconcile supplier invoices and purchase orders.
  Track outstanding payments and prepare supplier reconciliations.
• Cost Monitoring : Monitor budgets across manufacturing, logistics, and retail activities.
  Provide variance analysis to support efficiency and cost control.
• Event Reconciliations : Manage pre- and post-event financial reconciliations, including sales, floats, and POS settlements.
  Provide profitability reports per event.
• Retail Operations : Reconcile daily sales for physical stores and e‑commerce platforms.
  Ensure inventory accounting matches stock movement reports.
• Financial Systems : Use accounting software (e.g. Xero, Sage) to maintain records and generate reports.
  Work with Pagamio system modules to align sales, payments, and reporting.
• Process Improvement : Recommend and implement controls to strengthen financial reporting and reduce risk.
• Internal Support : Partner with the CEO, COO, and department managers to provide financial insights for decision-making.
  Support operations, procurement, and events teams with timely financial information.
• External Liaison : Engage with auditors, banks, and external service providers to ensure smooth financial operations.
  Manage relationships with SARS and other regulatory bodies as required.