Financial Accountant

Exceed HR and Recruitment; Stellenbosch; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A recruitment firm in Stellenbosch is seeking a skilled Financial Accountant to manage financial operations including transaction processing, ledger management, and compliance with tax regulations. The ideal candidate has a Degree in Financial Management or Accounting, along with 2-3 years of experience post-articles. Proficiency in Xero and a background in start-ups is advantageous. This role offers an opportunity to contribute to financial reporting and compliance within a dynamic environment.

Qualifications

• Minimum 2-3 years of experience as a Financial Accountant post-articles.
• Experience with accounting articles (SAIPA/CIMA) is advantageous.
• Background in start-ups or small businesses would be beneficial.

Responsibilities

• Process customer and supplier invoices accurately and promptly.
• Maintain general ledger operations and ensure accuracy.
• Administer accounts receivable and payable effectively.
• Prepare monthly management accounts and ensure compliance.
• Support management with financial analysis and decision-making.

Skills

Financial Transaction Processing

General Ledger Management

Reconciliation

Accounts Receivable Management

Accounts Payable Management

Compliance with VAT and Tax Regulations

Financial Reporting

Education

Degree in Financial Management or Accounting

Tools

Xero

Job description

Financial Accountant position available in Stellenbosch.

Duties and Responsibilities:

• Financial Transaction Processing
  • Capture customer and supplier invoices accurately and timeously
  • Load and process bank payments.
  • Prepare and process journal entries up to the trial balance level.
• General Ledger and Reconciliation
  • Complete general ledger operations and ensure accuracy of postings.
  • Perform monthly supplier and customer closings and reconciliations.
  • Prepare account analysis and reconciliations as requested by various departments.
  • Maintain the integrity and accuracy of fixed asset registers.
  • Perform bank reconciliations and ensure all reconciling items are cleared promptly
• Accounts Receivable and Payable Administration
  • Administer accounts receivable and accounts payable functions effectively.
  • Ensure timely collection and payment cycles to maintain positive cash flow.
• Reporting and Compliance
  • Assist in the preparation of monthly management accounts and supporting schedules.
  • Ensure compliance with VAT, PAYE, Income Tax, and WCA requirements.
  • Prepare and submit VAT201 returns with reconciliations.
  • Support preparation for annual financial audits and BEE audits.
• Support and Ad Hoc Tasks
  • Provide financial information and analysis to support management decision-making.
  • Assist with ad hoc accounting and administrative tasks as required.

Requirements:

• Degree in Financial Management or Accounting
• At least 2- 3 of experience as a Financial Accountant after articles
• Accounting (SAIPA/CIMA) articles will be advantageous
• Experience in Xero
• Experience in start-ups or small businesses would be advantageous