Senior Financial Accountant

Placements24; Paarl; On-site; ZAR 700,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Medical aid and pension fund

Professional development opportunities

Stable work environment

Job summary

Placements24 presents a Senior Financial Accountant role in Paarl, Western Cape within the Banking & Finance division. The position focuses on financial reporting, accounting operations, and ensuring accuracy of statements, requiring IFRS expertise and strong analytical skills.

A hands-on approach with meticulous attention to detail is essential for success in this role. The ideal candidate holds a Bachelor's in Accounting or Finance, with CA(SA)/ACCA/CIMA preferred, and at least 5 years in

Qualifications

• Bachelor's degree in Accounting or Finance.
• CA(SA)/ACCA/CIMA preferred.
• Minimum of 5 years of experience in financial accounting, preferably in Banking & Finance.
• Solid understanding of IFRS and financial reporting.

Responsibilities

• Prepare and review IFRS-based financial statements monthly, quarterly, and annually.
• Manage general ledger, journal entries, reconciliations, and variance analysis.
• Oversee accounts payable and accounts receivable functions.
• Assist with budgeting and forecasting processes.
• Support internal and external audits with documentation and explanations.
• Identify and implement process improvements in accounting operations.

Skills

IFRS knowledge

Analytical thinking

Attention to detail

Communication skills

Teamwork

Education

Bachelor's degree in Accounting or Finance

CA(SA)/ACCA/CIMA preferred

Tools

SAP

Oracle

Pastel

Excel

Job description

About the Role

Our client, a well-established financial institution in **Paarl, Western Cape**, is actively seeking a Senior Financial Accountant to join their reputable **Banking & Finance** division. This integral role is responsible for managing and overseeing the company's financial reporting, accounting operations, and ensuring the accuracy and integrity of financial statements. The ideal candidate will possess a strong foundation in accounting principles, excellent analytical skills, and a proven ability to manage complex accounting tasks. You will play a key part in financial planning, analysis, and compliance within the **Paarl** region. This is an excellent career opportunity for a dedicated accounting professional looking to make a significant impact in a stable financial environment. The position requires a hands‑on approach and meticulous attention to detail.

Key Responsibilities

• Prepare and review monthly, quarterly, and annual financial statements in accordance with IFRS.
• Manage the general ledger, including journal entries, account reconciliations, and variance analysis.
• Oversee the accounts payable and accounts receivable functions.
• Ensure compliance with all relevant accounting standards, tax regulations, and internal policies.
• Assist with budgeting and forecasting processes.
• Support internal and external audits by providing necessary documentation and explanations.
• Identify and implement process improvements to enhance efficiency and accuracy in accounting operations.
• Reconcile bank statements and other financial accounts.
• Assist in the development and maintenance of accounting policies and procedures.
• Provide financial support and analysis to other departments as needed.

Requirements

• Bachelor's degree in Accounting or Finance.
• A professional qualification such as CA(SA), ACCA, or CIMA is strongly preferred.
• Minimum of 5 years of relevant experience in financial accounting, preferably within the **Banking & Finance** sector.
• Solid understanding of International Financial Reporting Standards (IFRS).
• Proficiency in accounting software (e.g., SAP, Oracle, Pastel) and advanced Microsoft Excel skills.
• Strong analytical, problem-solving, and critical thinking abilities.
• Excellent organizational and time management skills.
• High level of accuracy and attention to detail.
• Good communication and interpersonal skills.
• Ability to work effectively both independently and as part of a team in **Paarl**.

Benefits

• Competitive salary package with potential for performance bonuses.
• Comprehensive medical aid and pension fund benefits.
• Opportunities for professional growth and development.
• A stable and supportive work environment in **Paarl, Western Cape**.
• Exposure to various financial operations within the banking sector.
• Generous annual leave entitlement.