Staff Accountant

Sourcefit; Cape Town; On-site; ZAR 250 000 - 350 000; Full time

Job summary

A financial services firm in Cape Town is looking for a detail-oriented accounting professional. The role focuses on cash administration tasks including generating reports, applying payments, and managing MISC cash items. Candidates need a Bachelor's degree in accounting and 3-5 years of experience. Strong communication skills and an independent work ethic are vital for success in this role.

Qualifications

• 3-5 years of staff to senior level accounting experience required.
• Public accounting and article ship experience a huge plus.
• Dependable and excellent work ethics required.

Responsibilities

• Generate daily cash activity reports.
• Analyze EDI reports and apply payments.
• Organize MISC cash items for reporting.

Skills

Attention to detail

Communication skills

Team player

Analytical skills

Ability to work independently

Education

Bachelors in accounting

CA Designation

Tools

MS Great Plains

Adaptive Insights

Naviga

Job description

Daily / Weekly : CASH AND A / R APPLICATION - 4 HRS DAILY

• Generate previous day cash activity report & current day cash activity report in CNB.
• Run Current Day Cash Activity in CNB
• Populate Daily Deposit Report with info.
• Run previous day cash activity in CNB and include all MISC items for MISC cash package.
• Create daily cash receipts folders (wires, lockbox, checks, mis, sub) per each business day.
• Provide weekly cash report summary to CFO.EDI REPORTS (WIRES folder)
• Save CNB EDI reports (AM / PM) in WIRES folder.
• Analyze EDI reports for Digital First vs Non-Digital First (MISC) payments.Digital First PAYMENTS
• If Invoice # is not listed on report nor identifiable, email Tyna for payment application.
• Apply payment in Digital First.
• Highlight / enter invoice(s) # on EDI report and initial if for completion.

Non-Digital First payments (Misc folder)

• Email Event girls (J, S, K, Mi, E) to identify payment for conferences, events, memberships, etc.
• Email FPA Director etc. for coding commissions, royalties, etc.
• Code MISC payments accordingly especially for revenue recognition and save in MISC folder INCOMING WIRES (wires folder).
• Download and save each wire in WIRES folder.
• Identify if wire is Digital First or Non-Digital First (MISC)
• Apply payment in Digital First.
• Highlight / enter invoice(s) # on wire and initial it for completion.
• If MISC payment, save pdf in MISC folder.

DEPOSIT CHECKS (CHECKS folder)

• Separate Digital First vs Non-Digital First (MISC) checks
• Scan each check and save in CHECKS folder.
• E-Deposit the checks; Run and save Details of Deposit Report in CHECKS folder.
• Apply payment in Digital First.
• Highlight / enter invoice(s) # on check and initial it for completion.
• If MISC, save pdf in MISC folder.

LOCKBOX (LOCKBOX folder)

• Download Lockbox Report and Details and save in LOCKBOX folder.
• Identify Digital First vs MISC payments.
• Apply payment in Digital First.
• Highlight / enter invoice(s) on lockbox report and initial it for completion.
• If MISC and save pdf in MISC folder.

SUBSCRIPTION LOCKBOX (SUBFolder)

• Download Subscription Report and Details and save in SUB folder.
• Identify publication subscriptions and code accordingly.MISC (MISC folder)
• Include all NON-Digital First (MISC) payments and backup / email responses for coding.
• Once all MISC items have been identified and coded, Print out all items for PREVIOUS CASH DAY ACTIVITYREPORT DAILY DEPOSIT REPORT
• Populate report according to revenue categories and merchant / bank fees.
• Email Report daily to appropriate individuals at end of day.

PREPARE MISC CASH PACKAGE

• Print Previous Day Cash Activity Report (full day)
• Include all backup for MISC items with verified coding.

ENSURE ALL Digital First PAYMENTS ARE ENTERED CORRECTLY

• View Payment Report in Digital First and check against Current Daily Cash Activity Report / Lockbox Report, etc.

PREPARE PACKAGE AND JOURNAL ENTRY – 1 HR DAILY

• Organize MISC CASH items / backup according to Previous Day Cash Activity Report
• Identify Stripe items, analyze and code accordingly to training type; go to Stripe website and print reports.
• Total the MISC CASH items on Report.
• Create Journal Entry on Excel by date.

MONTHLY: ENTER MISC – HR MONTHLY RECONCILE Digital First PAYMENTS – 1 HR

• Download monthly payment report and reconcile by payment types (CC, EFT, CASH)
• Record monthly journal entries as assigned by accounting manager.
• Review AP invoices for posting.
• Generate AD Hoc reports as needed.
• Assist accounting manager in various special projects.

Additional Information

• Systems : MS Great Plains (Accounting ERP), Adaptive Insights (Cloud based Financial Reporting & Budgeting System), Naviga (Billing / AR and Collections System).
• Overall a system savvy person who can nagivate and pays attention to details.
• Experience & Soft Skill Requirements – 3-5 years staff to senior level accounting experience.
• Public accounting and article ship experience a huge plus, Great communication skills, team player, resourceful with a can do attitude.
• Ability to take directions and or work independently.
• Ability create a structure from an unstructured and chaotic patterns and processes.
• Ability to take ownership and lead.
• Dependable and excellent work ethics.

Education

Bachelors in accounting / Bachelors in Business or finance with minor in accounting (Required), CA Designation (a huge plus)

Relevant company and industry information / experience

B2B Media, ( Digital Marketing and Advertising Campaign), Live, Online and virtual events, webninars, podcasts.

( Company is engaged in business-to-business media focused on publishing, conferences, training courseware and web-based services, with revenues generated primarily from the sale of advertising in their various magazines, conferences and internet products, as well as delegate revenues. Additional revenue is generated from membership subscriptions and list revenue.)