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Financial Accountant

Financial Accountant

Unifi GroupStellenbosch, ZA
3 days ago
Job description

Job title : Financial Accountant

Job Location : Western Cape, Stellenbosch

Deadline : October 09, 2025

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Role Purpose

  • The Financial Accountant ensures the integrity and accuracy of Unifi Africa’s financial records by maintaining compliance with IFRS, group accounting policies, and local regulations.
  • This role drives the timely preparation of financial statements, reconciliations, and management reports, while supporting intercompany transactions, audits, and budget processes across all subsidiaries.
  • It also contributes to cash flow management and the development of junior finance staff, ensuring continuity of key finance operations during the fixed-term maternity cover period.

    • Responsibilities

  • Identify, capture, and process intercompany transactions.
  • Maintain all accounting records in line with IFRS and group accounting policies.
  • Prepare annual audit files and notes, and review Annual Financial Statements (AFS).
  • Assist with the preparation of Unifi Africa’s budgets and cash flow forecasts.
  • Provide ad hoc support to subsidiary accountants as needed.
  • Respond to internal and external audit queries and prepare supporting documentation.
  • Process monthly accounting transactions in Xero for Unifi Africa.
  • Manage supplier payments and petty cash controls.
  • Handle intercompany billing and customer ledgers, and ensure accurate recharge to subsidiaries.
  • Prepare intercompany and shareholders’ loan schedules.
  • Maintain the fixed asset register and update insurance for new assets.
  • Update income tax and deferred tax computations.
  • Ensure accurate classification of expenses, monitor overheads, and maintain accrual accounts.
  • Escalate uncleared or unusual differences older than 30 days to the Group Reporting Manager.
  • Perform and review monthly balance sheet reconciliations for all accounts.
  • Ensure sufficient supporting documents are attached to each reconciliation.
  • Follow up on outstanding reconciling items and clear within 30 days.
  • Escalate risks identified through balance sheet reviews to the Group Reporting Manager.
  • Prepare monthly management accounts and expense analysis reports.
  • Monitor daily clearing reports, subsidiary folders, and group account classifications.
  • Perform VAT reconciliations.
  • Assist with statutory and regulatory compliance for subsidiaries.
  • Provide selected secretarial support and maintain accurate records for audits.
  • Prepare and maintain annual budgets and monthly cash flow forecasts.
  • Support cash flow management and currency reporting across the group.
  • Monitor and manage the account's email inbox.
  • Support subsidiary accountants with problem-solving and general queries.

    • Requirements

  • Accounting degree or CIMA qualification.
  • Solid working knowledge of IFRS and commercial accounting experience.
  • Proficiency in Xero / Fathom (advantageous) and strong Excel / Google skills.
  • High attention to detail with the ability to meet deadlines under pressure.
  • Experience supporting or managing junior staff.
  • Collaborative, adaptable, and willing to work within a diverse, Africa-focused finance tea
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    Financial Accountant • Stellenbosch, ZA