Financial Accountant
Capitec Bank · Stellenbosch, Western Cape
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- Numbers are the backbone of everything we do. As a Financial Accountant II, you'll make sure ours are right - recording transactions accurately, reviewing Balance Sheet reconciliations and keeping our financial records complete. You'll also guide and mentor team members, sharing your know-how to help the team grow.
- This role suits someone who takes ownership, thinks carefully and doesn't let errors slide.
What you'll do Financial accounting
- Prepare and review financial information and reports
- Ensure the accuracy, completeness, and integrity of financial records.Manage and maintain accounting processes, controls, debits, credits, and reconciliations.Support expense and income reporting across multiple business areas.
- Partner with stakeholders to understand financial impacts and provide accounting guidance.Investigate variances, identify root causes, and recommend improvements.Contribute to continuous improvement initiatives and challenge existing processes where better solutions exist.
- Work collaboratively across Finance, HR, Risk, Marketing, Credit and other business functions.
- Record financial transactions accurately and on time throughout the month
- Execute month-end entries in line with the 'Month End Task List'
- Review and release Purchase Orders – checking VAT compliance, correct General Ledger allocation and budget availability
- Maintain Accruals, Contingencies, Provisioning and PrePaid schedules
Control environment
- Spot and act on opportunities to strengthen controls
- Design and maintain effective accounting processes and systems
- Review SAP Master Data regularly and keep it current
Analysis and reporting
- Perform month-on-month Income Statement expense analysis
- Review monthly Balance Sheet reconciliations and resolve items timeously
- Produce clear reports that other teams can use directly
Team support
- Guide and mentor team members in your area of expertise
- Review kilometre claims, personnel claims and payment requisitions before they go to Accounts Payable
- Review outstanding Purchase Orders weekly and work with Business to action them
- Help with internal and external audit requests
What You''ll Bring Minimum qualifications and experience
- Bachelor's Degree in Accounting – Financial Accounting
- Completed SAICA or SAIPA Articles
- 0–2 years post-articles experience in Financial Accounting, covering a wide range of accounting functions
Preferred
- Honours Degree in Accounting – Financial Accounting
- SAP accounting module experience
Knowledge
- IFRS and GAAP
- Accounting principles and computerised accounting systems
- South African Tax, including VAT
- Financial data analysis and interpretation
- Microsoft Office Suite
Skills
- Strong analytical and numerical reasoning
- Sharp attention to detail
- Clear written and verbal communication
- Problem solving and reporting