Accounting Specialist

1 week ago


Cape Town, Western Cape, South Africa iStaff Recruitment Full time
Job Title: Accounting Specialist

iStaff Recruitment is seeking an experienced Accounting Specialist to join our team.

Responsibilities:
  • Maintain accurate and up-to-date financial records.
  • Review and approve payment requests, ensuring proper documentation.
  • Manage online banking access for authorized personnel.
  • Prepare and monitor monthly cash flow forecasts, collaborating with departments to optimize treasury management.
  • Reconcile all bank accounts.
  • Analyze monthly financial results, providing insights to senior management and identifying operational impacts.
  • Compile and distribute monthly financial reports.
  • Prepare and analyze monthly sales performance reports.
  • Maintain monthly reconciliations and schedules for audit purposes.
  • Assist in developing and managing annual budgets and forecasts.
  • Develop and provide ad-hoc reports and analysis to support strategic decision-making.
  • Implement and maintain cost management and standard costing principles.
  • Prepare annual financial statements for statutory audits.
  • Develop, implement, and manage financial Standard Operating Procedures (SOPs) and the Financial Authorisation Matrix.
  • Ensure adherence to financial regulations (GAAP, IFRS, Good Practice Standards, and Corporate Governance Principles).
  • Reconcile and contribute to the B-BBEE certification and improvement plan.
  • Provide support to the Group Accounting Team as needed.
  • Assist the Management Team with financial initiatives.
  • Team Leadership and Development: Lead, mentor, and develop departmental staff.
  • Implement a visual feedback mechanism to keep the team informed about company performance.
  • Maintain strong financial controls and continuously improve systems and procedures.


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