Financial Accountant at Cape Herb & Spice

Purpose of the job:

• The Accountant is responsible for assisting in maintaining accurate financial records, ensuring compliance with accounting standards, and supporting financial reporting and operational efficiency. The role places a strong emphasis on asset management, lease accounting, ERP system integrity, and timely reporting.

Key Functional Areas:

Non-Current Assets & Fixed Asset Management

• Maintain and reconcile the fixed asset register and wear and tear register, ensuring completeness and accuracy
• Account for additions, disposals, and transfers of assets in accordance with company policy and accounting standards
• Review and validate depreciation and amortisation Syspro schedules, performing recalculations where necessary
• Perform regular asset verifications and ensure proper asset tagging and tracking
• Oversee annual useful life reviews and ensure correct application of appropriate adjustments
• Ensure compliance with applicable accounting standards for non-current assets

Instalment Sale Agreements

• Maintain, manage and account for instalment sale agreements, ensuring adherence to accounting requirements
• Ensure accurate allocation between capital and interest components
• Reconcile instalment sale balances and ensure correct interest rates are applied

Reporting

• Assist in preparation of monthly management accounts
• Ensure consistency and reliability of reporting information

Month-End Processes

• Assist with executing month-end roll-over procedures within the ERP system
• Prepare and post journals and complete analysis for Insurance & Repairs and Maintenance
• Perform balance sheet reconciliations with supporting documentation
• Adherence to month-end timelines and deadlines

Board Pack / Profit Forecast (PF) Compilation

• Assist with Compiling and preparing Board packs
• Provide support schedules, analysis and commentary for key calculations
• Assist with preparation of annual budgets and PF updates

Insurance

• Liaise with insurers and brokers regarding policy renewals, claims, and policy amendments
• Ensure all assets and operations are appropriately insured and company risk exposure is clarified
• Arrange required Insurance confirmations for Customers and Quality Audits

Risk Register

• Assist with maintaining and updating the company risk register, ensuring all key risks are identified, assessed, and regularly reviewed
• Work with relevant departments to monitor risk mitigation actions and ensure accountability

Audit

• Assist with internal and external audit requests as required

Required Knowledge and Skills:

• Bachelor’s degree in Accounting
• 5 years’ relevant accounting experience
• Strong knowledge of accounting principles and standards (including IFRS)
• Experience working with ERP systems
• Advanced Excel skills

Desired Knowledge and Skills:

• Experience working with ERP (Syspro) systems and integrated systems (Barcode scanning) will be an advantage
• Computer literate: MS Office (Intermediate / Advanced Excel / Pivot Tables, Power BI advantageous)
• Articles will be an advantage

Personal Characteristics:

• Strong analytical and problem-solving ability
• Good attention to detail and organisational skills
• Good written, verbal communication and collaborative skills
• Ability to work under pressure and meet deadlines
• Ability to drive projects and implementations to completion
• Team Player and the ability to lead projects and implementations within a team