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Senior Financial Accountant

  • Cape Town
  • Salary: Market Related
  • Job Type: Permanent
  • Sectors: Investment Finance
  • Reference: 178436

Apply before Sep 30 2026 | 183 Days left

Apply

Vacancy Details

Employer: Merchant West Holdings

Role Purpose:

This is a dual-function role within the MW Holdings Group, combining full financial accounting responsibilities with payroll oversight at a group level. The role is structured with an approximate 75/25 split between end-to-end financial accounting for designated group entities and strategic payroll oversight across the Group.

On the accounting side, the successful candidate will take full ownership of the finance function for specific entities – from invoice processing through to Annual Financial Statements (AFS) – ensuring accurate reporting, strong financial controls, and timely payment of suppliers and statutory obligations.

On the payroll side, the role will oversee payroll operations at MW Holdings level, working closely with the Payroll Capturer and utilising Sage 300 HRIS. The position requires a strong finance-oriented payroll skillset, ensuring payroll accuracy, correct journal postings to the general ledger, timely statutory submissions and payments, and audit readiness.

The role requires close collaboration with the CFO, Group Accountants, auditors, and other business stakeholders to ensure compliance, accuracy, and operational efficiency.

Responsibilities

  1. Financial Accounting
  • Assume full financial accounting responsibility for designated group companies, from invoice processing to Annual Financial Statements.
  • Perform all day-to-day accounting functions including bank statement capturing, accounts payable, accounts receivable, and general ledger management.
  • Ensure timely and accurate processing and payment of supplier invoices, maintaining appropriate supporting documentation.
  • Prepare and review balance sheet reconciliations and resolve discrepancies timeously.
  • Maintain the integrity of the general ledger and ensure accurate and complete journal entries.
  • Prepare accurate Trial Balance reports and management accounts on a monthly basis.
  • Prepare annual financial statements in accordance with applicable accounting standards.
  • Prepare and submit statutory returns including VAT, EMP201, and corporate income tax (including provisional tax).
  • Prepare detailed budgets.
  • Ensure all accounting practices comply with legal, regulatory, and internal control requirements.
  • Manage year-end processes and liaise with external auditors, resolving queries efficiently.
  • Support the CFO and CEO with ad hoc financial analysis and reporting requirements.
  1. Payroll Oversight
  • Oversee the end-to-end payroll function for the MW Holdings Group using Sage 300 HRIS.
  • Work closely with the Payroll Capturer to review and validate monthly payroll processing prior to release.
  • Review payroll reconciliations monthly to ensure accuracy and completeness.
  • Prepare and/or review payroll journals and ensure accurate posting to the general ledger for submission to Group Accountants.
  • Ensure timely and accurate payment of all statutory payroll-related taxes and deductions (including PAYE, UIF, SDL and other applicable levies) as well as company contributions to third parties (Provident Fund, Risk Cover, Medical Aid).
  • Release payroll for payment to employees on a monthly basis in line with internal approval processes.
  • Assist the CFO with bonus calculations, incentive schedules, leave pay accruals, and related payroll adjustments.
  • Ensure payroll records are audit-ready and assist external auditors with all payroll-related queries.
  • Maintain strong internal controls over payroll processes to ensure confidentiality, accuracy, and compliance with legislation.
  • Continuously review payroll processes and identify opportunities for improvement and efficiency.

Qualifications:

  • BCom degree with Finance and/or Accounting
  • Post Degree qualification could be advantageous

Experience:

  • 10+ years’ experience in a similar role.
  • Advanced Excel and working with formulas.
  • Proven experience in full-function financial accounting, including preparation of Annual Financial Statements.
  • Strong working knowledge of payroll legislation and statutory requirements (advantageous).
  • Demonstrated experience overseeing payroll functions within a finance environment.
  • Experience working with Sage 300 People HRIS & Payroll (or similar payroll system).
  • Strong understanding of payroll accounting, journal entries, and reconciliations.

Skills:

  • High level of accuracy, attention to detail, and strong internal control mindset.
  • Ability to work independently while collaborating effectively with senior leadership and group finance teams.
  • Deadline oriented with strong organisational skills.
  • Exceptional communication skills both written and spoken.
  • Strong analytical and problem-solving abilities.

Competencies:

  • Attention to detail and accuracy
  • Analytical thinking and problem solving
  • Accountability and ownership
  • Professional integrity and ethical judgement
  • Stakeholder collaboration and communication
  • Time management and organisational discipline
  • Results orientation and reliability
  • Compliance awareness and governance discipline

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About Merchant West Holdings

Established in 1998, Merchant West is an independent financial services company offering specialist business finance services. Our areas of expertise include; Asset Finance, Working Capital Solutions, Capital Markets, Fleet Leasing, Asset and Wealth Management. Our mission is to be the leading specialist financial services company by attracting and retaining talented staff, servicing our customers and partners and by creating value for our stakeholders. Our purpose is to improve the fortunes of our clients.

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About Careers24.com

  • Careers24 is a leading South African job portal that assists jobseekers from all sectors and experience levels to find and apply for vacancies from hundreds of South Africa’s leading companies. With over a million visitors a month, we are one of the most popular destinations to find employment online in South Africa.

    Our mission is to become the destination where every candidate can find an ideal job and where every company can find the perfect candidate. We are a proud member of the Media24 family and part of the Naspers group of companies.

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