Accountant

Reference: PTA000114-AA-2

Company based in Parow Industrial, Cape Town, is seeking a skilled and detail-oriented Accountant to join their finance team.

Job Purpose: To manage the full accounting cycle, ensure accurate financial reporting, maintain compliance with statutory and tax regulations, and support the company’s financial operations through effective financial management and reliable reporting. Duties & Responsibilities

REQUIREMENTS

Minimum Education (Essential)

• B.Com Accounting or similar qualification

Minimum Applicable Experience

• 3–5 years’ experience in an accounting or finance role

Required Nature of Experience

• Full accounting cycle management

• Financial reporting and preparation of Annual Financial Statements

• Debtors and creditors management

• Tax and VAT compliance and submissions

• Bank reconciliations and cash flow management

• Fixed asset management and depreciation accounting

• Payroll processing and related reconciliations

• Audit preparation and coordination

• General ledger reconciliations and journal processing

• Implementation of financial systems and controls

Skills and Knowledge (Essential)

• Strong understanding of accounting principles and financial reporting

• Knowledge of IFRS and statutory compliance requirements

• Experience with accounting systems and financial software

• Advanced MS Excel skills and proficiency in Microsoft Office

• High attention to detail and accuracy

• Strong analytical and problem-solving skills

• Ability to manage deadlines and month-end processes

• Good communication and organisational skills

• Ability to work independently and within a team

KEY PERFORMANCE AREAS

Order-to-Cash Cycle

• Maintain customer master data and related financial information

• Manage the sales, invoicing and billing processes

• Oversee debtors accounts and collections

• Perform credit management and customer account monitoring

• Provide financial support relating to customer accounts

Procure-to-Pay Cycle

• Maintain supplier master data and contract information

• Manage purchase requisitions, purchase orders and invoice processing

• Coordinate supplier payments and reconciliations

• Manage supplier relationships and banking interactions

• Monitor company spend and perform spend analytics

• Implement and maintain procurement-related financial controls

Record-to-Report Cycle

• Maintain and review the Chart of Accounts to support reporting requirements

• Manage fixed asset accounting including additions, disposals and depreciation

• Process payroll accounting and related entries

• Perform bank and general ledger reconciliations

• Identify and resolve discrepancies within financial records

• Execute journals and maintain accurate financial records

• Manage cash flow monitoring and reporting

Financial Reporting

• Prepare monthly financial statements and management reports

• Assist with the preparation of Annual Financial Statements (AFS)

• Prepare tax-related financial reports

• Assist with management reporting and financial analysis

Regulatory Compliance

• Ensure timely submissions to regulatory bodies including tax and statutory authorities

• Maintain compliance with company legislation and tax regulations

• Ensure adherence to applicable accounting standards and regulatory frameworks

• Coordinate and support the annual audit process

• Support company secretarial compliance where required

Tax & VAT Compliance

• Manage all aspects of tax administration and compliance

• Prepare VAT calculations, reconciliations and submissions

• Ensure accurate tax reporting and payments

Month-End Accounting Processes

• Process month-end journals and adjustments

• Maintain and reconcile the fixed asset register

• Raise accruals and prepayment adjustments

• Maintain inter-company loan accounts and related transactions

• Process provisions including leave pay and debtor discounts

• Maintain full balance sheet reconciliations and working papers

Banking & Cash Management

• Process cashbooks and maintain accurate bank records

• Perform monthly bank reconciliations

• Follow up on outstanding reconciling items

• Prepare and maintain cash flow forecasts

• Monitor creditor payments and financial commitments