Managing Executive

SATSA; Cape Town; Hybrid; ZAR 200 000 - 300 000; Full time

Job summary

A leading tourism organization in Cape Town seeks a Managing Executive to handle financial transactions, manage payroll, and ensure tax compliance. The role involves maintaining accurate financial records and generating insightful reports. Candidates should have a Financial Diploma/Degree and at least 2 years of accounting experience, preferably in tourism. Proficiency in accounting software and strong communication skills are essential. This position offers a hybrid work environment.

Qualifications

• 2+ years of experience in bookkeeping/accounting, preferably in the tourism industry.
• Proficiency in accounting software (e.g., QuickBooks, Xero, or similar).

Responsibilities

• Record daily financial transactions accurately in accounting software.
• Maintain the general ledger and ensure proper documentation of entries.
• Process invoices, payments, and receipts promptly.
• Perform monthly bank reconciliations to ensure financial accuracy.
• Prepare and file VAT returns and other tax submissions in compliance with regulations.
• Process employee payroll ensuring timely and accurate payments.
• Generate financial reports including profit and loss statements.

Skills

Strong understanding of accounting principles

Attention to detail and accuracy

Organizational and time-management skills

Excellent communication skills

Ability to work independently

Ability to work collaboratively

Education

Matric + relevant Financial Diploma/Degree in Accounting

Tools

MS Office

Advanced Excel

QuickBooks

Xero

Job description

Managing Executive

Full Time; Posted 10 months ago; Closes 15 March 2025

Location

Cape Town, Western Cape

Type

Hybrid, On-Site

Open to all applicants with a valid work permit or legal right to work.

Salary

R20,000 - R30,000 per month

Key Performance Areas

• Record daily financial transactions accurately in accounting software.
• Maintain the general ledger and ensure all entries are properly documented.

Accounts Payable and Receivable

• Process invoices, payments, and receipts promptly.
• Reconcile accounts payable and receivable balances.
• Assist in following up on outstanding client payments.

Bank Reconciliations

• Perform monthly bank reconciliations to ensure accuracy of financial records.

Expense Tracking

• Monitor and categorize expenses to ensure proper budget allocation.
• Assist in preparing expense reports for management review.

Tax Compliance

• Prepare and file VAT returns and other tax submissions in compliance with regulations.
• Assist with audits and provide necessary documentation.

Payroll Management

• Process employee payroll, ensuring timely and accurate salary payments.
• Maintain records of employee hours, benefits, and deductions.
• Prepare payroll tax filings and ensure compliance with relevant regulations.

Reporting

• Generate financial reports, including profit and loss statements, balance sheets, and cash flow statements.
• Provide insights and recommendations based on financial data.

Administrative Support

• Support senior accountants with year-end financial preparations.
• Ensure all financial documentation is well-organized and easily accessible.

Technical & Soft Skills

• Strong understanding of accounting principles and financial regulations.
• High attention to detail and accuracy.
• Strong organizational and time-management skills.
• Excellent communication skills, both written and verbal.
• Ability to work independently and collaboratively in a team setting.

Criteria

• Matric + relevant Financial Diploma/Degree in Accounting
• MS Office, Advanced Excel, Proficiency in accounting software (e.g., QuickBooks, Xero, or similar)
• 2+ years of experience in bookkeeping/accounting (experience in the tourism industry is a plus).

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