Financial Services Specialist

3 days ago


Cape Town, Western Cape, South Africa Accounting and Financial Advisory Ltd Full time

Job Title: Financial Services Specialist

Accounting and Financial Advisory Ltd.

Job Summary:

We are seeking a highly skilled Financial Services Specialist to join our team at Accounting and Financial Advisory Ltd. In this role, you will be responsible for ensuring accurate and timely processing of client expenditures, maintaining standardized accounting practices across clients, and resolving queries within agreed-upon timelines.

Key Responsibilities:

Invoice Processing:

• Process customer invoices/credit notes/quotations in a timely and accurate manner.

• Upload supporting documentation onto the invoice created in Xero.

• Verify that all invoices are valid tax invoices with correct information.

• Ensure compliance with SARS VAT requirements.

• Process invoices without proper authorization.

• Meet daily, weekly, and monthly deadlines for processing supplier invoices.

• Save supporting documentation on SharePoint.

Sales Reconciliation:

• Roll forward previous month's reconciliation and save it in the current reconciliation folder.

• Clear identified reconciliation items from previous reconciliations.

• Retrieve sale reports from SIMS.

• Process recons timeously, correctly & accurately on a weekly and monthly basis.

• Ensure all recons are prepared within the deadline.

Customer Reconciliation:

• Save customer statement on SharePoint.

• Identify differences between Xero and customer statement or activity statement.

• Process recons timeously, correctly & accurately on a weekly and monthly basis.

• Liaise with client for missing information (invoices, credit notes) as identified on the recon.

Other Reconciliation:

• Facility fees/ Recharges/Netcash: ensure reconciliation items identified on the previous recon/s are cleared timeously.

• Process recons timeously, correctly & accurately on a weekly and monthly basis.

Journals:

• Review information received from the client.

• Process journals on Pastel.

• Attach relevant documents to Xero.

• Ensure journals are approved by the AR reviewer.

Reporting/ Procedure Documentation:

• Retrieve Month-End Reports.

• Complete Month-End Checks.

• Assist Bookkeepers/Clients with queries & other ad-hoc processing.

• Maintain and update AR trackers prepared for clients.

• Update processing procedure process on a frequent basis.

Requirements:

Skills and Attributes:

• Strong computer skills.

• Problem Solving skills.

• Communication skills.

• Time management skills.

• Excellent MS Excel, Word, PowerPoint, and Outlook email skills.

• Good understanding of basic bookkeeping and accounting receivable principles.

• Basic understanding of the VAT Act and principles.

Competencies:

• Accuracy.

• Ability to learn fast.

• Ability to work under pressure in a high-paced environment.

• Ability to manage competing deadlines and function well in a fast-paced, team-oriented environment.

• Detail orientated.

• Deadline driven.

• Methodical and meticulous.

Salary: R250,000 - R350,000 per annum



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