Financial Accountant (JB996)
Kontak Recruitment
CapeTown, South Africa
5d ago
source : Job Placements

Financial Accountant (JB996)

Location : City Centre, Cape Town

Salary : Negotiable up to R50 000 CTC per month

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.

A minimum of a BCom + 5 years experience post articles required.

Minimum requirements :

  • Bcom Degree
  • Minimum of 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
  • Duties :

  • 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 company 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
  • 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
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