Cape Town, South Africa | Posted on 08/05/2024
ROLE:
To ensure the financial health and integrity of the group by managing, processing, and overseeing all accounting activities for the group. Ensure compliance with regulatory/legal compliance and provide accurate and timely financial reports to support strategic decision-making.
BENEFITS:
- Highly competitive salary package: Basic - up to R 60k pm PLUS eligibility for quarterly discretionary bonus of around R 14k pm paid out per quarter (R42k pq) so approx CTC of R 74k pm for top performers
- Flexible HYBRID working arrangement
- Niche industry experience: Property Management
- Foreign exposure: Get exposure to dealing with multiple African countries
- Flat Structure
- Great career advancement prospects
OUTCOMES - Accurate financial reporting: Deliver accurate and timely consolidated financial statements on a monthly, quarterly, and annual basis. Ensure all reports are compliant with relevant accounting standards and regulations. Assist with other reporting requirements from lenders, shareholders, etc.
- Regulatory/legal compliance: Maintain up-to-date knowledge of accounting regulations and ensure all financial practices adhere to local and international accounting IFRS standards. In conjunction with the CFO, successfully managed audits with no significant findings.
- Efficient Processing: Handle all day-to-day accounting tasks, including accounts payable, accounts receivable, general ledger entries, and reconciliations, with exceptional discipline and reliability. Ensure high accuracy and efficiency in processing transactions.
- Process Improvement: Identify and implement improvements in accounting workflows and financial reporting processes. Enhance efficiency and accuracy in processing tasks and reporting timelines.
- Financial Analysis: Conduct financial analysis and forecasts to support business strategy and decision-making. Provide insights on trends, variances, and areas for improvement, and present findings to the CFO.
- Budget Management: Prepare and monitor the group’s budgets. Implement and adhere to budgetary controls, providing explanations for any variances. Compare actuals to budgeted figures per financial model.
- Stakeholder Management: Communicate financial information effectively to internal and external stakeholders, including senior management and auditors. Address and resolve financial inquiries or issues promptly.
Requirements
COMPETENCIES
- Technical Expertise: Advanced knowledge of accounting principles, standards, and regulations. Proficient in financial reporting, consolidation, and processing. Experienced with Xero accounting software and compiling financial statements in Caseware.
- Analytical Skills: Strong ability to analyse financial data, identify trends, and provide actionable insights. Detail-oriented with a focus on accuracy and thoroughness.
- Self-Sufficiency: Ability to manage and perform both oversight and hands-on accounting tasks independently. Demonstrated capability to handle all aspects of the accounting function without additional support staff, showing extreme discipline and reliability in managing deadlines and responsibilities.
- Communication Skills: Excellent written and verbal communication skills. Ability to present financial information clearly to various audiences, including senior management and external stakeholders.
- Problem-Solving Abilities: Strong problem-solving skills with the capability to address complex financial issues and develop effective solutions. Proactive in identifying potential problems and implementing preventative measures.
- Ethics and Integrity: High level of integrity and professionalism. Demonstrated commitment to ethical practices and compliance with regulatory requirements.
- Adaptability: Ability to adapt to changing business environments and priorities. Flexible and open to new ideas and approaches.
- Discipline, Reliability and Work ethic: Consistently exhibit a high level of discipline in executing tasks and adhering to procedures. Demonstrate a strong work ethic by being a hard worker who is willing to put in extra effort as needed to ensure the success of the accounting function and organisation. Show dedication to meeting deadlines, ensuring dependable performance in all aspects of the role.
- Proactiveness and Initiative: Demonstrate a willingness to go beyond standard expectations by proactively identifying areas for improvement and taking the initiative to address them. Show commitment to exceeding performance goals and contributing to the organisation’s success through exceptional effort and innovation.
EXPERIENCE - Proven experience as a senior accountant or similar role, supporting CFO.
- Experience in dealing with African countries is preferred but not required.
- Xero accounting software experience is preferred but not required.
- Experience in compiling financial statements in CaseWare is required.
- High proficiency in Microsoft Excel is preferred (pivot tables, macros) but not required.
- Experience in working with financial models is preferred but not required.
COMPENSATION - Compensation is highly dependent on experience, skills, and overall competence.
- Annual CTC between R900k-R720k incl quarterly discretionary bonus.
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