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Accounting Jobs / Finance Jobs

Financial Accountant Full Time Permanent

Financial Accountant – Cape Town

A Financial Accountant position is available in the City Centre, Cape Town, Western Cape, South Africa.

R40 000 – R46 000 per month

Bi-Annual incentives

Duration: Permanent

A Cape Town based NPO is actively sourcing a Financial Accountant with strong processing experience to join their small team.  The successful candidate will be responsible for assisting and supporting the CFOO with day-to-day operations and implement efficient and diligent financial practices.

Applicants must have an excellent understanding of accounting practices and processes without relying on accounting software.  This role is full function, with no management responsibilities.

Minimum Requirements:

  • Bachelor of Commerce degree (BCom)
  • Qualified accountant with at least five years’ post articles experience in financial accounting and reporting
  • Full financial accounting function, including procurement experience and a strong working knowledge of Pastel or similar accounting software
  • Excellent knowledge of IFRS for SMMEs and strong working knowledge in local GAAP
  • Experience in multi-donor financial accounting and management or equivalent experience
  • Experience in the non-profit environment will be an added advantage
  • Membership of Professional Accounting Body will be an added advantage.
  • Advanced Excel knowledge
  • Proactive approach to work and good self-motivation
  • Strong organizational and problem-solving skills
  • Excellent inter-personal skills and ability to deal with people from different cultures
  • Ability to deal authoritatively with a range of partners and contractors
  • A strategic thinker with strong leadership capabilities, highly motivated, committed and goal orientated
  • Ability to work flexibly and to adapt to changing demands and circumstances

Duties and Responsibilities:

  • Provision of effective and efficient financial and administrative support to the CFOO
  • Perform the full financial accounting function, including procurement processes and variance analysis
  • Facilitate and prepare the budget and forecast processes for the organisation, drawing figures and information from regional offices and ensuring it aligns with organisational objectives
  • Understanding contracts and assessing whether transactions are aligned to contract terms
  • Maintain internal control system and ensure compliance with NPO policies
  • Assist in development of institutional and donor proposal budgets & external audits
  • Preparation of local and international payments
  • Timely submission of monthly and annual financial reports;
  • Maintenance of fixed asset register, depreciation and assessment of useful life
  • Ensuring compliance with tax and accounting laws and regulations
  • Prepare and administer payroll and tax remittance
  • Ensure strict adherence and compliance to financial control systems, policies and procedures
  • Monitor budget implementation and expenditures and communicate outcomes to CFOO for decision making
  • Ensure efficient payments and disbursements according to approved policy and procedures
  • Perform bank and vendor reconciliations
  • Work with the CFOO and other members of the finance and operations team to ensure smooth running of the finance and operations of the organisation.
  • Examine and analyse financial information and present findings to CFOO
  • Perform month- and year end procedures, and prepare reports
  • Manage Cashflow
  • Assisting in the development and maintenance of an integrated financial and reporting system that takes into account consolidation of regional offices’ financial statements
  • Supervise and lead a team where necessary
  • Develop and conduct internal audit procedures and systems
  • Prepare consolidated financial statements, reconciliations and audit file for external audits
  • Liaise with external auditors
  • Preparation of monthly management accounts, as well as management and Board reports
  • Maintaining all necessary records including invoices, expenses, payments and transactions
  • Develop key performance indicators, dashboards and reporting tools for performance and budget tracking
  • Ensuring high quality reporting and robust processes are in place to support the team
  • Provide monthly up-to-date and accurate funder and project reports to the CFOO and project coordinators

Financial Accountant - Cape Town

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