Finance Associate

Peach Payments; Cape Town; On-site; ZAR 250,000 - 350,000; Full time

Job summary

Peach Payments is hiring a Finance Associate to enhance operations within their finance department. The role involves diverse tasks, including finance administration, data entry, reconciliations, and supporting accounts payable and receivable. Candidates should possess strong attention to detail, relevant experience, and proficiency with accounting software.

Qualifications

• 1-3 years of experience in a finance, accounting, or administrative support role.
• Experience with accounting software highly desirable.
• Proficiency in Microsoft Excel, Word, and Outlook.

Responsibilities

• Provide support to finance operations including data entry, record keeping, and general administrative tasks.
• Assist in bank reconciliations, manage payment disputes, and provide accounts payable and receivable support.
• Prepare financial reports and assist with auditing preparations.

Skills

Attention to detail

Organisational skills

Time-management

Communication skills

Numerical aptitude

Education

Matric certificate (Grade 12)

Certificate or Diploma in Bookkeeping, Accounting, Finance, or Business Administration

Tools

Xero

Sage

QuickBooks

Microsoft Office Suite

Job description

Peach Payments is seeking a meticulous, keen individual to fulfill the role of Finance Associate. The associate will provide essential support to our finance administration efforts and the wider finance team by performing a variety of accounting, bookkeeping, and administrative tasks. This role is crucial for ensuring the smooth and efficient operation of the finance department, contributing to the accuracy of financial records and timely processing of transactions.

This role covers a broad range of touch- and execution points:

Financial Data Entry & Record Keeping:

• Assist with aspects of internal processes that support billing, partnerships, merchant settlement, treasury, and cash management
• Accurately enter financial data into the accounting and production systems
• Maintain organized digital and physical financial records
• Assist with filing and archiving financial documents

Bank Reconciliations Assistance:

• Assist in the preparation of bank reconciliations by gathering necessary documentation
• Help identify and resolve discrepancies under supervision

Disputes and Chargeback Assistance:

• Investigate and manage customer payment disputes and chargebacks efficiently
• Compile necessary documentation and evidence to support the company's position in dispute resolutions
• Actively pursue the collection of valid chargebacks and reversed payments

Accounts Payable Support:

• Assist with processing supplier invoices, matching them to purchase orders and delivery notes
• Respond to supplier queries regarding payments and invoices
• Assist with reconciling supplier statements

Accounts Receivable Support:

• Assist with generating and sending customer invoices and statements
• Aid in monitoring customer accounts, identifying & collecting overdue payments
• Support the collections process by sending reminders and making follow-up calls under supervision
• Assist with processing customer payments and allocating them to accounts

General Administrative Support:

• Provide general administrative support to the finance department, including scanning, copying, and managing correspondence
• Assist in the preparation of financial reports and presentations by gathering data
• Help with ordering office supplies for the finance department
• Assist with preparations for audits by retrieving requested documents
• Perform other ad-hoc duties as assigned by the Finance Administration Manager

Qualifications and Experience required:

• Matric certificate (Grade 12), Essential
• A Certificate or Diploma in Bookkeeping, Accounting, Finance, or Business Administration is advantageous
• 1-3 years of experience in a similar finance, accounting, or administrative support role.
• Experience with accounting software (e.g., Xero, Sage, QuickBooks) is highly desirable.
• Proficiency in Microsoft Office Suite, particularly Excel, Word, and Outlook.

Other Skills and Competencies that will see you thrive in this role:

• Strong attention to detail and a high level of accuracy, with good numerical aptitude
• Excellent organisational and time-management skills
• Ability to handle confidential information with discretion
• Good verbal and written communication skills
• Ability to work effectively both independently and as part of a team
• Basic understanding of accounting principles, whilst being proactive and willing to learn