Website Outsourced CFO
For ambitious SMEs, Outsourced CFO provides integrity and professional excellence in financial consulting. Succeeding through uncompromising quality and industry thought leadership, our aim is to help clients rethink, automate and scale their companies in the pursuit of business eminence. The finan… read morecial function is at the heart of every business. Sound financial planning and management enables businesses to grow and flourish, while the lack thereof is always a fundamental reason for failure. Being entrepreneurs ourselves, we understand the significant role that finances plays in the success of a business. As new and younger companies cannot afford to appoint an appropriately qualified professional to navigate this facet of their business, but also cannot afford to be without the technical financial skills that one could offer, Outsourced CFO offers the solution – the business services of a passionate OCFO for an amount of hours per month tailored to your needs. 5th Floor Vunani Chambers 33 Church Street Cape Town City Centre Cape Town 8000
Job Description
We are recruiting on behalf of our client, for an Accountant (must have a BCom degree). They help South African SMEs grow, with a strong focus on building a more inclusive economy.
Our client appreciates people who are honest, curious, creative, conscientious, and genuinely interested in learning and growing. They work closely together, regularly engaging face-to-face with customers and stakeholders, which is why they are fully office-based. If you are excited about helping SMEs grow and making a real impact in South Africa, you might be a great fit.
As the Accountant, you will report to the Finance Manager and work closely with the rest of the team within the Finance division. This role includes a focus on the loan portfolios for various companies within the Group and additional aspects as noted below.
Responsibilities:
Ensuring the accuracy of loan draw-down repayment calculations, including calculations of interest on arrears, early settlements, and detailed amortizations.
Balance sheet reconciliations related to customer accounts
Generate invoices and credit notes
Customer (borrowers) payment allocations and loan reconciliations
Sending invoices with statements and payment reminder emails to customers
Preparation and loading of debit orders
Management and resolution of unpaid obligations
Resolving customer queries
Work with the internal Legal Team on defaulting customers
Ad Hoc assignments/tasks
Performing accounting functions including:
Journals
VAT Calculations and Reconciliations
Balance Sheet Reconciliations
Balancing Intercompany loan accounts
Cash Flow Management
Checking/preparing bank reconciliations daily
Loading banking transactions
Audit assistance – prepare audit packs and liaise with auditors
Requirements
Bachelor of Commerce (Accounting as a major and Finance as a subject)
Minimum of 5 years’ experience in an accounting/bookkeeping role
Experience with loans, leases and amortizations, NPV or a sound conceptual understanding of loan and leasing calculations, amortizations and NPV
Experience on Microsoft 365, Xero, Microsoft Teams, and Standard Bank Business online an advantage
Excel – Above average
Analytical mind, organized, precise and meticulous
Tech-savvy with strong communication skills (both verbal and written)
Detail-oriented, meticulous, and able to manage time effectively
Thoughtful and conscientious, with a commitment to follow-up and providing feedback
Trustworthy, reliable, and takes initiative and responsibility
A team player who is also self-aware and able to work independently
Curious, a problem-solver, and committed to continuous learning
Motivated to make a positive impact in South Africa by supporting SMEs
go to method of application »
Apply via company website ( http://www.outsourcedcfo.co.za ) or