Talent.com
Assistant Accountant Banking

Assistant Accountant Banking

LovisaMidrand, Gauteng, South Africa
3 days ago
Job description

Lovisa is fast-fashion Retail

Lovisa is global and its growth is infectiously energetic

The role

We are looking for a proactive and detail-focused Assistant Accountant to join our EMEA Banking Finance Team. This role is essential in ensuring daily banking activities and reconciliations are completed accurately and on time. The successful candidate will support the team with core finance functions including cash and banking reconciliations, reporting, payment monitoring and month-end processes. You will work closely with the Accounts Payable, Occupancy and Loss Prevention teams and contribute directly to operational accuracy and control.

Key responsibilities

Daily Banking and Reconciliations

  • Perform daily banking reconciliations and investigate discrepancies promptly.
  • Monitor cash deposits and ensure they are accurately allocated and recorded.
  • Work closely with the AP and Occupancy teams to track and reconcile payments made from bank accounts.

Weekly Reporting and Variance Analysis

  • Prepare weekly missed banking and cash variance reports for assigned countries.
  • Provide commentary and context on cash variances for discussion with the Loss Prevention team.
  • Collaborate with the retail operations and loss prevention teams to understand root cause and support resolution plans.

    • Month-End Accounting

  • Prepare and post journals for bank fees and interest income; Interbank transfers; store deposit variances; accruals for direct debits where invoices are not yet recorded.
  • Support the month-end close process with timely submission of reconciliations and journals.
  • Prepare monthly balance sheet reconciliations for Bank accounts, Gift voucher Liability accounts, Cash clearing accounts, Trade Creditors clearing accounts, Team expense claim clearing accounts and Cash advance accounts.
  • Investigate and clear reconciling items in a timely manner escalating as needed.

    • Meetings and Stakeholder Engagement

  • Attend weekly meeting with Loss Prevention and the Banking team.
  • Present findings and updates for assigned countries focusing on missed banking and cash variances.
  • Collaborate across teams to ensure timely resolution of cash issues and prevent recurrences.

    • About you

  • Tertiary qualification in Accounting, Finance or related discipline (or currently studying).
  • 1-3 years of experience in an accounting or assistant accountant role.
  • Strong understanding of general ledger banking transactions and reconciliations.
  • Proficient in Excel (lookups, pivot, reconciliation tools).
  • High attention to detail and ability to meet deadlines.

    • Skills and Attributes

  • An understanding of accounting principles.
  • Exposure to large ERP systems (e.g. SAP, Oracle, Microsoft Dynamics).
  • Retail or multi-site operational experience.
  • Proven ability to plan, organise and deliver results on time in a fast pace environment.
  • Ability to communicate well in spoken and written English.
  • Flexible and adaptable.
  • Inclusive and supportive.
  • Friendly and approachable.

    • We believe in supporting diverse cultures and harnessing the unique knowledge and experience of our team. We celebrate our global presence by supporting our culturally diverse team around the world.

    #J-18808-Ljbffr

    Create a job alert for this search

    Assistant Accountant • Midrand, Gauteng, South Africa

    Related jobs
    • Promoted
    Finance Actuary

    Finance Actuary

    Deka Minas Pty LtdSandton, South Africa
    We’re partnering with a leading diversified financial services group that is redefining insurance to be more accessible, transparent, and client-centric. They are looking for a Finance Actuary to jo...Show moreLast updated: 30+ days ago
    • Promoted
    Financial Accountant

    Financial Accountant

    Stafflink Recruitment SolutionsKempton park, Gauteng, South Africa
    We are a dynamic and growing freight forwarding company based in Johannesburg, offering end-to-end logistics solutions to a diverse clientele across international markets.With a strong commitment t...Show moreLast updated: 30+ days ago
    • Promoted
    Operational Accountant

    Operational Accountant

    Network RecruitmentPretoria, South Africa
    Are you a detail-oriented accounting professional with a passion for operational excellence in a fast-paced mining environment? Our client, a leading mining company based in Pretoria, is seeking an...Show moreLast updated: 13 days ago
    • Promoted
    Accountant

    Accountant

    Greys PersonnelSandton, South Africa
    Mathematics taken in high school.Minimum of 5 years' full function accounting experience.Experience working on Xero is essential. Property industry experience highly advantageous.Full accounting fun...Show moreLast updated: 5 days ago
    • Promoted
    Accountant

    Accountant

    Planned TalentPretoria, South Africa
    Accountant Opportunity – Join a Thriving Industrial Leader!.Have you recently completed your SAIPA or SAICA articles and seeking an opportunity to kick-start your career? Or do you have a solid acc...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    Finance Manager, CA

    Finance Manager, CA

    Recruitment Dynamix (Pty) Ltdbrits, Gauteng, South Africa
    B-Degree in Accounting or Finance.Minimum of 5 years experience in a similar role.There are 3 people reporting in, and duties include : . Prepare monthly reports with financial commentary.Deliver mon...Show moreLast updated: 3 hours ago
    • Promoted
    Accountant

    Accountant

    Oostelike Personeel KonsultanteCenturion, South Africa
    Appointment : Full-time position.Locations : Sunderland Ridge, Centurion .Com degree in Accounting | Finance.Preparing and analyzing accurate and timely. P&L), and cash flow statements, in compliance ...Show moreLast updated: 13 days ago
    • Promoted
    Accountant

    Accountant

    Network RecruitmentJohannesburg, South Africa
    Maintain and manage the general ledger, accounts payable, and accounts receivable.Prepare monthly, quarterly, and annual financial statements and reports. Assist with budgeting, forecasting, and fin...Show moreLast updated: 30+ days ago
    • Promoted
    Accountant - CA(SA) / ACA

    Accountant - CA(SA) / ACA

    Rory Mackie & AssociatesJohannesburg, South Africa
    Our client is an independent, owner-managed financial services group based in the UK.They specialise in the creation of offshore asset management companies, the establishment of fund structures acr...Show moreLast updated: 30+ days ago
    • Promoted
    Fund Accountant

    Fund Accountant

    TalentCruSandton, South Africa
    Financial reporting and management of the 3rd Party Funds that IDC Manages or Administers.Degree in Accounting or related field. CA(SA) qualification advantageous.DFI space with strong IFRS experien...Show moreLast updated: 14 days ago
    • Promoted
    Accountant / Newly Qualified Chartered Accountant (CA) – Compliance & Reporting

    Accountant / Newly Qualified Chartered Accountant (CA) – Compliance & Reporting

    Network RecruitmentMidrand, South Africa
    Job Opportunity : Newly Qualified Chartered Accountant (CA) Compliance & Reporting.Salary : R 550 000 R 650 000 per annum. Start Date : Immediate / Negotiable.Prepare and review statutory financi...Show moreLast updated: 3 days ago
    • Promoted
    Branch Accountant

    Branch Accountant

    Network RecruitmentPretoria, South Africa
    Our client is searching for a Branch Accountant who is meticulous, driven, and confident in taking full ownership of the finance function. In this role, youll be the financial anchor of the branch ...Show moreLast updated: 5 days ago
    • Promoted
    Accountant

    Accountant

    Liham Consulting Pty (Ltd)Johannesburg, South Africa
    Reviewing and reconciling creditors' accounts and payments.Processing and balancing intergroup transactions.Preparing financial records up to trial balance and management accounts level, ensuring a...Show moreLast updated: 30+ days ago
    • Promoted
    Accountant

    Accountant

    Watershed Consultinggermiston, Gauteng, South Africa
    Negotiable, up to R50,000 per month (depending on experience).A well-established company based in Germiston is seeking a. The successful candidate will be responsible for maintaining accurate financ...Show moreLast updated: 30+ days ago
    • Promoted
    Accountant / Assistant Financial Manager

    Accountant / Assistant Financial Manager

    Pro Tem RecruitmentPretoria, South Africa
    Maintain accurate and up-to-date financial records and ledgers.Record journal entries and reconcile general ledger accounts. Prepare and process invoices, receipts, and payments.Manage accounts paya...Show moreLast updated: 30+ days ago
    • Promoted
    Accountant

    Accountant

    People DimensionCenturion, South Africa
    A leading company within the Credit & Insurance sector is looking for an experienced Accountant to join their dynamic team. Desired Experience & Qualification.Years in IFRS & Insurance - Yes.Strong ...Show moreLast updated: 11 days ago
    • Promoted
    Accounting Assistant

    Accounting Assistant

    Midvaal RecruitmentJohannesburg, South Africa
    If you're passionate about the motor industry and have the skills to support both branding and back-office functions, we want to hear from you!. Assist in maintaining accurate financial records, man...Show moreLast updated: 30+ days ago
    • Promoted
    Accounts and Billing Specialist

    Accounts and Billing Specialist

    Boardroom AppointmentsSandton, South Africa
    Accounts and Billing Specialist.Prepare and issue client invoices accurately and on time.Perform account reconciliations and resolve billing discrepancies. Support month-end and year-end closing act...Show moreLast updated: 30+ days ago