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Finance Assistant

Finance Assistant

HoustCape Town, Western Cape, South Africa
30+ days ago
Job description

The Senior Finance Assistant ensures the accuracy, integrity, and compliance of financial records, supporting the company's financial health and strategic decision-making. This role involves managing the Accounts payable function, reconciliations, ensuring compliance with accounting standards, and collaborating with internal stakeholders to enhance financial processes.

Responsibilities :

  • Invoice Processing & Management : Verify and approve invoices for accuracy, compliance, and approvals. Ensure timely and accurate entry of invoices into accounting systems.
  • Payment Processing : Manage and execute payments, ensuring they are completed on time and within agreed terms. Oversee multiple payment methods, including bank transfers. Reconcile accounts payable transactions with bank statements.
  • Financial Reporting & Compliance : Support the month-end close process, ensuring accurate and complete financial records. Maintain accounts payable reports, including aging reports, for management review. Ensure compliance with company policies, accounting standards, and legal regulations.
  • Process Improvement : Identify and implement process automation to enhance efficiency in accounts payable. Develop and maintain financial controls to ensure accuracy and consistency.
  • Cash Flow & Forecasting : Monitor and manage working capital and coordinate payment schedules. Assist in preparing accurate and timely cash flow forecasts. Manage currency holdings to optimise financial efficiency.
  • Risk Management : Implement controls to detect and prevent fraud within payment processes. Regularly assess financial risks and recommend mitigation strategies.
  • Collaboration & Problem Resolution : Work closely with finance and operations teams to ensure accurate reporting and smooth workflows. Address and resolve escalated accounts payable issues. Provide financial support and insights to internal stakeholders.

Requirements

  • Proven experience in a finance role (typically 3+ years).
  • Degree in Finance, and preferably a professional qualification.
  • Experience with invoice processing, payment runs, and bank reconciliations.
  • Strong understanding of accounting principles and standards (e.g., IFRS or GAAP).
  • Experience supporting month-end close processes and preparing financial reports.
  • Background in working with financial controls and compliance frameworks.
  • Proficiency in accounting software and ERP systems (e.g., SAP, Oracle, NetSuite).
  • Strong Excel skills (e.g., VLOOKUPs, pivot tables, reconciliations).
  • Ability to identify and implement process improvements, especially in automation.
  • Understanding of cash flow management and working capital principles.
  • Exposure to multi-currency environments and international payment processes.
  • Knowledge of compliance and regulatory frameworks relevant to accounts payable.
  • Please note : This is a hybrid role, with 2-3 days in the office each week. You must be comfortable working UK hours 09 : 00-18 : 00 GMT, including adjustments for daylight savings which may shift to 10 : 00-19 : 00 or 11 : 00-20 : 00 SA time.

    Benefits

  • 23 days paid holiday (plus public holidays)
  • An extra day off for your birthday — because who wants to work on their birthday?
  • Hybrid working model
  • Opportunities to innovate
  • Better Help coverage for mental health support
  • Laptop for business use
  • Salary : R25,000-R30,000 per month (dependent on experience)
  • #J-18808-Ljbffr

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    Finance Assistant • Cape Town, Western Cape, South Africa

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