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