Financial Accountant

ITM Tanzania Limited; Gauteng; On-site; ZAR 500 000 - 700 000; Full time

Job summary

A regional accounting firm in South Africa is seeking an experienced Financial Accountant to oversee financial records, prepare management reports, and ensure compliance with tax laws. The ideal candidate contributes to budgeting, payroll, and cost control processes, requiring 3-5 years of financial accounting experience and a strong command of QuickBooks. This role demands high attention to detail and effective organizational skills.

Qualifications

• 3–5 years’ experience in financial accounting or bookkeeping.
• Strong working knowledge of QuickBooks.
• Experience preparing management reports and tax submissions.
• Proficient in MS Excel for reconciliations and reporting.
• Understanding of accounting principles and tax laws.
• Excellent organizational and time management skills.

Responsibilities

• Maintain and update all financial records using QuickBooks.
• Prepare monthly management reports and assist in financial statements.
• Process and reconcile supplier invoices, payments, and receipts.
• Ensure accurate and timely submission of VAT and PAYE.
• Assist with budgeting and analyze cost variances.
• Prepare monthly payroll inputs and support management decision-making.

Skills

Financial reporting

Accounts payable & receivable

Tax compliance

Budgeting & cost control

Payroll processing

QuickBooks proficiency

MS Excel

Attention to detail

Integrity

Communication skills

Tools

QuickBooks

MS Excel

Job description

About The Job

The Financial Accountant is responsible for maintaining accurate financial records, preparing management reports, and ensuring compliance with accounting standards and statutory requirements. The role focuses on day-to-day accounting, reconciliations, reporting, and supporting management with financial insights to aid sound decision-making.

Responsibilities

• 1. Financial Reporting
• Maintain and update all financial records using QuickBooks.
• Prepare monthly management reports (income statement, balance sheet, and cash flow summary).
• Assist in year-end financial statements and liaise with external auditors.
• Ensure compliance with accounting standards and internal policies.
• 2. Accounts Payable & Receivable
• Process and reconcile supplier invoices, payments, and receipts.
• Prepare customer invoices and follow up on outstanding payments.
• Perform bank reconciliations and maintain accurate cashbook records.
• Manage petty cash and staff expense claims.
• 3. Tax & Compliance
• Ensure accurate and timely submission of VAT, PAYE, UIF, and SDL.
• Reconcile tax accounts and maintain compliance with SARS and relevant statutory bodies.
• Support audit and tax review processes.
• 4. Budgeting & Cost Control
• Assist with the preparation of annual budgets and monthly forecasts.
• Track and report on variances between actual and budgeted results.
• Identify areas for cost savings or efficiency improvements.
• 5. Payroll & General Support
• Prepare monthly payroll inputs and reconciliations for HR validation.
• Support management with financial data for decision-making.
• Assist with supplier management, procurement processes, and administrative recordkeeping.

Requirements

• 3–5 years’ experience in financial accounting or bookkeeping.
• Strong working knowledge of QuickBooks (essential).
• Experience preparing management reports and tax submissions.
• Technical Skills:
• Proficient in MS Excel (reconciliations, pivot tables, formulas).
• Understanding of accounting principles, tax laws, and financial reporting.
• Familiarity with audits and financial controls.
• Soft Skills:
• High attention to detail and accuracy.
• Integrity, professionalism, and confidentiality.
• Excellent organizational and time management skills.
• Ability to meet deadlines and handle multiple priorities.
• Good communication and interpersonal skills.
• Additional Assets (Advantageous):
• Advanced financial forecasting and modelling skills.
• Knowledge of South African corporate tax and labour laws.
• Experience in international financial operations
• Fluency in additional languages.

Apply now