Assistant Financial Accountant
ExecutivePlacements.com
Assistant Financial Accountant
Recruiter
Abantu Staffing Solutions
Job Ref
3016699179
Date posted
Thursday, June 4, 2026
Location
Grahamstown, South Africa
SUMMARY
POSITION INFO
Requirements
- A relevant Bachelor’s Degree or Advanced Diploma (NQF 7) in Financial Accounting or Auditing
- Approximately 6 years of experience in financial accounting and reporting, where such experience includes
- Preparing annual financial statements in accordance with a recognised financial reporting framework (e.g. IFRS), preparing reconciliations, and audit working papers for a minimum of 3 years
- A minimum of 2 years of supervisory experience
- Budget preparation and variance analysis, including investigative follow-up
- Experience in maintaining general ledger structures and account coding
- Working knowledge of the VAT Act and its application
- Experience in preparing VAT schedules, reconciliations, and dealing with SARS rulings
- Experience coordinating external audits and managing audit documentation
- Advanced computer literacy, especially in accounting systems and MS Excel
- Experience with inventory and fixed asset accounting, including depreciation processes
- Exposure to statutory reporting for DHET, SARB, and Statistics South Africa, and familiarity with restricted vs unrestricted fund accounting in a university context, will be an added advantage
- A thorough understanding and experience of VAT as it applies to higher education Institutions will be an advantage
Responsibilities
- Extract and provide supporting schedules and information for the completion of the university’s annual financial statements
- Prepare financial statements for university-related projects, and complete statistical returns for the SA Reserve Bank and others
- Provide a service concerning budget preparation and budget variance investigation for the finance division
- Maintain the general ledger system, thereby ensuring the integrity of data and the quality of financial reporting
- Provide effective and efficient accounting/ administration and control measures in accordance with the university’s policies and procedures
- Fixed asset administration and inventory accounting, various VAT and other SARS-related returns administration forms
- Participation in month-end and year-end procedures, including internal and external audit requirements