Senior Bookkeeper at LulaBet

Job Description

• We are seeking an experienced and detail-oriented Senior Bookkeeper to join our dynamic studio based in Cape Town CBD. The successful candidate will be responsible for overseeing all financial operations, including payroll, management accounts, tax compliance, and financial reporting, while liaising with department heads to ensure accuracy and adherence to regulatory standards.

Key Responsibilities

Payroll Management:

• Process and manage payroll for all employees, ensuring timely and accurate payments.
• Liaise with department heads to obtain sign-off on payroll, ensuring all employee data and hours are verified.
• Maintain employee payroll records and ensure compliance with South African payroll regulations (e.g., PAYE, UIF, SDL).
• Reconcile payroll accounts and resolve any discrepancies.

Management Accounts:

• Prepare monthly, quarterly, and annual management accounts, including profit and loss statements, balance sheets, and cash flow statements.
• Analyze financial data to provide insights for decision-making and operational efficiency.
• Monitor budgets and forecasts, reporting variances to management.

Tax Compliance:

• Ensure compliance with South African tax laws, including VAT, corporate tax, and other relevant regulations.
• Prepare and submit tax returns and liaise with the South African Revenue Service (SARS) as required.
• Stay updated on changes in tax legislation affecting the studio industry.

Financial Reporting:

• Produce accurate and timely financial reports for internal stakeholders and external regulatory bodies.
• Maintain and reconcile general ledger accounts.
• Assist with annual audits and provide necessary documentation to auditors.

Expense Management:

• Liaise with department heads to review and obtain sign-off on expense reports, ensuring accuracy and adherence to company policies.
• Monitor and process expense reimbursements, ensuring timely payments and proper documentation.
• Implement controls to prevent unauthorized or excessive expenditure.

Additional Duties:

• Oversee accounts payable and receivable processes.
• Implement and maintain internal controls to safeguard company assets.
• Collaborate with the finance team to streamline processes and improve financial systems.
• Admin and filing

Qualifications
Requirements

Qualifications:

• A recognized qualification in Accounting, Bookkeeping, or Finance (e.g., Diploma in Accounting, BCom in Accounting, or equivalent).
• Professional certification (e.g., SAIBA, CIMA, or similar) is highly advantageous.

Experience:

• Minimum of 5 years of bookkeeping or accounting experience, preferably in the studio or creative industry.
• Proven experience in payroll processing, management accounts, tax compliance, financial reporting, and expense management.

Skills and Competencies:

• Strong knowledge of South African accounting standards and tax regulations.
• Proficiency in accounting software (e.g., Xero, QuickBooks, or Sage) and payroll systems.
• Excellent analytical and problem-solving skills.
• High attention to detail and accuracy.
• Strong interpersonal and communication skills to effectively liaise with department heads.
• Ability to work under pressure and meet tight deadlines.

Other Requirements:

• Must be based in Cape Town.
• Knowledge of the studio or creative industry is a plus.
• Ability to maintain confidentiality and handle sensitive financial information.