Group Accountant for Holding Company - Bishops Court Accountant at Family investment company

Introduction

Account required for family investment company based in Bishopscourt. Will report to CFO/FD

Duties & Responsibilities

Competencies

• Experience in Pastel accounting software
• Experience in full payroll processing on Pastel Payroll
• Experience in full processing on an ERP system (eg Sage Evolution, Odoo, Monday.com)
• Experience in word processing and outlook express
• Deadline driven
• Team Player
• Able to work under pressure
• Able to work alone in the office (Only 2 employees at the office)
• Able to multi task
• Own reliable transport

Daily Requirements

• Check authenticity of invoices/claims and make sundry day to day payments to suppliers and others
• Raise invoices and follow up on amounts due from clients
• Process and reconcile the Bank Accounts, Credit Cards and Petty cash payouts and Cash/Credit Control Accounts, and ensure all the slips are attached
• Ensure all transactions are allocated to the correct accounts
• Manage and issue staff leave forms and staff loan forms and ensure that they are signed by the appropriate manager before being filed
• Ensure that the filing is done on time and that all documents are properly stored and maintained in accordance with legislation

Month end Processing

• Prepare journals and complete financial accounts to Management Accounts every month according to agreed upon deadlines. Should also be able to analyse the management accounts for reasonableness etc.
• Ensure monthly processing of Invoices and follow-up on payments from debtors.
• Ensure all expenses are captured and included in the month end processing.
• Ensure that the internal debtor’s accounts have all been journalized
• Review and sign off the month end check list and create a month end file with all the relevant documentation i.e. Asset register, Asset file, contracts etc.
• Ensure all Open Documents are reconciled monthly and outstanding reconciling items are followed up on and resolved.
• Ensure all loan accounts between the various entities reconcile and are all up to date.

Salaries

• Prepare the salaries schedule
• Process the salaries onto the Payroll System
• Ensure all salaries are loaded and ready for payment by due date
• Ensure that any changes to individual salaries are authorized

Creditors

• Ensure that all expenses/purchases have been accounted for or accrued
• Ensure that all suppliers’ invoices have been matched up to orders
• Ensure all creditors have been reconciled prior to loading monthly payments
• Prepare a list of all creditors’ payments to be done at month end as well as any weekly and fortnightly paid creditors that may have to be paid and provide same to the CFO for authorisation

Fixed Assets

• The Fixed Asset register is to be maintained and reconciled
• Monthly depreciation journals to be calculated and processed

Statutory returns

• Complete required statutory returns and ensure that monthly payments for VAT, PAYE, UIF and SDL are done on time
• Ensure that the bi-annual EMP’s reconciliation process is done on time
• Ensure that annual payments for Provisional Tax, Income Tax, and W.C.A. are paid on time

Office Management

• To attend to and manage the office and ensure it is always clean and presentable
• General office files
• Employees files
• Electronic storage system
• Manage support staff, their files and leave, for example:
  • Driver/gardener
  • Maids/cleaners
• Liaise closely with the Johannesburg and Africa offices

Subsidiaries

• While the employment is at the “holding company” the candidate must be actively involved in the financial affairs of all subsidiaries both in South Africa, and the rest of Africa including but not limited to Lesotho, Ghana, Uganda Kenya etc.
• The successful candidate must be willing to travel to these subsidiaries both inside and outside of South Africa

Financial Management, Capital Allocation and Fundraising

Financial Management (Group Level)

• Support the CFO in overseeing the financial performance of the holding company and all subsidiaries.
• Consolidate and analyse group financial results, identifying trends, risks, and opportunities.
• Monitor cash flow across entities, ensuring efficient use of capital and liquidity.
• Assist in preparing group budgets, forecasts, and long-term financial plans.
• Ensure consistency of financial policies, controls, and reporting standards across all subsidiaries.

Capital Allocation and Investment Support

• Assist management in evaluating new investments, acquisitions, and expansion opportunities.
• Prepare and maintain financial models to assess returns (IRR, payback, profitability).
• Track performance of investments against expected returns and strategic objectives.
• Support decision-making on allocation of capital between subsidiaries and projects.
• Assist in analysing cost structures, margins, and operational efficiencies across the group.

Fundraising and Financing Support

• Assist in the preparation of financial information for lenders, investors, and funding partners.
• Support the development of investment memoranda, financial packs, and due diligence materials.
• Work with the CFO on debt and equity funding processes.
• Maintain accurate records and reporting for external stakeholders and financiers.

Other Family Matters

• This is a family business and the family members often require payments to be done at short notice and on weekends.
• While the direct report is to the CFO, the family members may instruct certain payments to be done which are not to be questioned or interrogated
• The office is at the premises of the family and other reasonable family errands may be requested from time to time

KPIs

• Accuracy and timeliness of management accounts
• Cash flow visibility across group
• Debtor days / creditor days management
• Compliance with statutory deadlines
• Quality of financial reporting to management
• Feedback from Family members re willingness to help

Desired Experience & Qualification

• B.com degree or diploma in accounting.
• minimum 5 years experience in a similar role.

Package & Remuneration

to be discussed during interview