Graduate Accountant

Arc Stores- Tygervalley; Cape Town; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A retail company based in Cape Town is seeking a motivated Graduate Accountant for a 12-month contract. The role involves management of bank accounts, financial reporting, and analysis. Ideal candidates should hold an undergraduate degree in Finance with at least 65% average, along with strong skills in Excel, Word, and PowerPoint. This is a great opportunity to develop financial expertise in a dynamic environment.

Qualifications

• Undergraduate degree in Finance or relevant field with at least 65% average.
• Knowledge of Excel, Word, and PowerPoint.
• Growth-learning mindset, diligent, and proactive.

Responsibilities

• Manage all bank accounts and prepare bank reconciliations.
• Balance and reconcile daily monetary movements to bank statements.
• Prepare and update daily cash flow schedules.
• Assist with VAT and Income Tax schedule preparation.

Skills

Attention to Detail

Problem Solving

Communication and Influence

Planning and Organising

Education

Undergraduate degree in Finance

Tools

Excel

Word

PowerPoint

Job description

Overview

Your role at ARC : Are you a motivated and ambitious graduate eager to kickstart your career in Finance? We are looking for a driven individual with a passion for numbers, a keen eye for detail, and a hunger to learn.

As a Graduate Accountant, you will gain hands‑on experience in financial reporting, analysis, and accounting processes while working alongside industry professionals. This is a fantastic opportunity to grow within a dynamic environment and build a strong foundation for a successful career in Finance. You will learn about and acquire the following skills and experience in order to fulfil the following functions: Finance Function.

Responsibilities

• Management of all bank accounts and ensuring available funds for payments.
• The preparation of bank reconciliations consistently and time on a daily, weekly, and monthly basis for accounts (i.e., All LS Accounts).
• The balancing and reconciliation of daily store monetary movement to the bank statement as per SOP RT-DYENDCNT-.
• Providing the FM with the monthly bank reconciliations and ensuring that all reconciling items are timeously cleared.
• The reconciliation and accounting for all corporate credit cards.
• Preparing and updating the daily cash flow schedule and ensuring that the daily banked sales and payment amounts are included and that the account balances to the bank statement.
• Measuring actual cash flows vs. forecast cash flows for the month and forecasted year.
• Loading daily, monthly, and weekly payments onto the FNB, or if required onto Standard Bank site.
• Preparing all forex documents to submit to FNB/Standard Bank.
• Preparing all balance sheet reconciliations for those balance sheet accounts designated, on the month‑end checklist, as those accounts to be controlled and managed by the accountant.
• Ensuring that all reconciling items are cleared, addressed with all parties and signed off monthly.
• Managing the fixed asset accounting for the company, including continual updates and maintenance of the Fixed Asset Register, depreciation and wear‑and‑tear workings, collection and filing of all CAPEX invoices, and balancing of CAPEX to the agreed budgets.
• Ensuring that the Fixed Asset register agrees to the general ledger and taking action should any difference occur.
• Assisting the FM/CFO with preparation of any VAT or Income Tax schedule.
• liaising with the PBI (Power BI) preparer daily and ensuring that the PBI recorded sales reconciles to the general ledger and that any reconciling item is timeously resolved.
• Ensuring daily, weekly, and monthly sales are reconciled to the bank accounts and all variances are timeously addressed.
• Preparing and completing accounting and finance spreadsheets, whether for budget/working plans, forecasts, or other finance analysis as required and directed by the FM, and/or CFO.
• Assisting with preparation of the year‑end audit file and the preparation of all schedules as required.
• Preparing any finance report as and when required.
• Continuously searching for value‑adding strategies to benefit the company.
• Maintaining strong financial acumen in the preparation and capturing of financial information.
• Ensuring goals/deadlines are achieved.
• Proactively participating in upgrading internal controls and their adherence.
• Assisting with ad‑hoc projects and duties as required.
• Assisting the finance department when other team members are on leave and ensuring an understanding of all finance department roles and responsibilities.

People Management

• Managing own personal development through your PDP (Personal Development Plan).
• Requesting training and feedback on performance and striving to improve based on these interventions.
• Adhering to the company's values.
• Taking personal responsibility for all issues facing the department, working as a team and mentoring/co‑oaching new employees as required.
• Communicating with your line manager regularly and making recommendations on improving efficiencies in the department.

PETENCIES

• Deciding and Initiating Action
• Working with People
• Communication and Influence
• Planning and Organising
• Attention to Detail
• Process Orientation
• Problem Solving
• Adapting and Responding to Change
• Analysing
• Performance Focus
• Business Acumen

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Minimum Requirements

• Undergraduate degree in Finance or a relevant tertiary qualification – obtain at least an average of 65%.
• Knowledge of Excel, Word, and PowerPoint.
• Reliable, growth‑learning mindset, diligent, great attention to detail, pro‑active, team player.

Job Type : Temporary

Contract length : 12 months

Work Location : In person