Bookkeeper

Our client based in Muizenberg is seeking a Bookkeeper to join their team. The ideal candidate is responsible for maintaining accurate and up-to-date financial records for a group of corporate-owned retail stores, ensuring the integrity of transactional data and supporting the finance department’s operational efficiency. The Bookkeeper handles routine financial transactions, reconciliations, and data entry, reporting directly to the Accountant.

The role ensures compliance with internal processes and provides reliable financial data to support the Accountant and Finance Manager in decision-making.
The Bookkeeper’s role is primarily transactional and detail-oriented, focusing on recording and processing financial transactions across multiple retail stores. The work involves routine bookkeeping tasks, such as data entry, invoice processing, and reconciliations, in a fast-paced retail environment. The Bookkeeper collaborates closely with the Accountant to ensure accurate financial records and supports the finance department’s operational needs.

MAIN DUTIES AND REPSONSIBILITIES:

• Record financial transactions, including purchases, and payments, in the general ledger.
• Process accounts payable and receivable, ensuring timely invoice payments and collections.
• Perform bank reconciliations to ensure accuracy of financial records.
• Maintain accurate and organized records of all financial transactions for retail stores.
• Prepare basic financial reports, such as expense summaries and transaction logs.
• Ensure compliance with internal financial policies and procedures.
• Update and maintain financial databases and filing systems.
• Verify and process expense reimbursements and petty cash transactions.
• Capture supplier and rental invoices.
• Perform supplier reconciliations and handle related queries.
• Conduct rental reconciliations.
• Execute debtors reconciliations.
• Prepare month-end journals (prepayments, accruals, provisions).
• Perform manual bank uploads per store, as FNB profiles do not permit automatic uploads to Sage.
• Process and allocate cash book entries.
• Track cash handling and bank charges.
• Track telephone fixed costs.
• Manage CashPOS payments report, including reallocation of incorrect store allocations, queries, follow-ups, and confirmation of AODs for recovery.
• Conduct income statement variance analysis and provide commentary for stores.
• Perform general ledger reconciliations.
• Assist with balance sheet reconciliations.
• Manage vehicle logbook allocations.
• Handle recovery billings (motor vehicles, salaries, and warehouse recharges).
• Perform petty cash reconciliation for warehouses.

ADHOC RESPONSIBILITIES:

• Follow up on valid tax invoices for fixed assets.
• Conduct legacy supplier reconciliations.

SPECIFIC REQUIREMENTS AND DUTIES:

• Process vendor invoices and ensure timely payments within approved limits.
• Prepare schedules for monthly and annual financial closings.
• Verify accuracy of financial data and correct errors in transaction records.
• Respond to basic inquiries from vendors or internal staff regarding payments.

DECISIONS THE PERSON CAN MAKE ALONE:

• Processing routine financial transactions, such as invoice payments within set limits.
• Correcting minor data entry errors in the accounting system.
• Organizing and maintaining financial records and filing systems.
• Preparing standard transaction reports for review by the Accountant.

DECISIONS REQUIRRING SUPERVISOR INTERVENTION:

• Approval of payments exceeding predefined financial thresholds.
• Adjustments to financial records requiring accounting policy changes.
• Resolution of significant discrepancies in reconciliations.
• Responses to audit related queries.
• Changes to vendor payment terms.

SUPERVISORY RESPONSIBILITY:

• No direct supervisory responsibility.
• May provide informal guidance to administrative or clerical staff assisting with financial data entry.

REQUIRED EMPLOYEE CHARACTERISTICS:

• High attention to detail and accuracy in handling financial data.
• Strong organizational skills to manage multiple transactions and deadlines.
• Integrity and trustworthiness in handling sensitive financial information.
• Ability to work efficiently in a fast-paced retail environment.
• Dependability and commitment to meeting deadlines.
• Team-…