Financial Accountant (JB996)

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

Please email cv to [email protected] and quote JB996 in the subject line