Junior Accountant at iKhokha

Umhlanga Rocks, KwaZulu-Natal, South Africa -

Full Time

Start Date

Immediate

Expiry Date

21 May, 26

Salary

0.0

Posted On

20 Feb, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Data Gathering, IFRS Compliance, SARS Compliance, CIPC Compliance, Trial Balance Preparation, Fixed Asset Register Management, Cash Book Processing, Bank Reconciliations, Balance Sheet Reconciliations, Journal Entries Preparation, Budgeting, Forecasting, Annual Auditing Assistance, Value Added Tax Calculation, MS Excel, Internal Controls

Industry

Financial Services

Description

Company Description iKhokha is a place where chance takers become change makers. At iKhokha, we believe in better. As you'd expect, our pace is fast-moving and ever-changing. We like it that way. As one of the fastest growing Fintech's in Africa we've built a team of global change-makers who want to make an impact. If you believe in a better future, be a chance-taker and help us empower small businesses in South Africa. Job Description We’re on the lookout for an ambitious Junior Accountant who is eager to learn, grow, and contribute to a high-performing finance team. If you’re detail-oriented, numbers driven and excited about building a strong career in accounting, this could be the perfect next step for you. So, what will you do? Assist the Financial Accountant in: Gathering financial data to ensure that all financial transactions are valid, accurate and complete on a monthly basis. Ensuring compliance with IFRS, SARS, CIPC and other relevant legislation/regulations. Ensuring accurate financial processing in preparation of monthly Trial Balance. Ensuring accuracy, existence & completeness of fixed asset register and cash book. In addition to the above, you will: Fixed Asset Register: Process all additions on a monthly basis. Process disposals on a monthly basis. Run depreciation and amortisation for month end. Ensure fixed asset register reconciles to GL and to physical assets on hand Ensure tax register is updated monthly. Ensure asset card details are accurate at all times Physical tagging of assets upon import into Fixed Asset Register. Cashbook: Ensure all cashbooks are processed daily/weekly. Bank reconciliations performed weekly with no variances. Accuracy of cashbook allocations. Unallocated payments or receipts resolved timeously. Reconciliation: Prepare all balance sheet reconciliations for Financial Accountant review. Ensure reconciling items are resolved timeously. Journal Entries: Assist Financial Accountant to prepare certain journal entries timeously for Finance Operations Manager review to ensure month end close deadlines are achieved. Budgeting & Forecasting: Assist Financial Accountant & FP&A Analyst in balance sheet and working capital budget (with an emphasis on cashflow forecasting). Annual Auditing: Assist in the annual audit process. Provide supporting documents requested by external auditors timeously. Value Added Tax: Assist Financial Accountant in calculating accurate output and input tax values based on Value Added Tax Act. Assist Financial Accountant in preparing VAT reconciliation to GL. Qualifications BTech Accounting Degree/ Diploma or equivalent experience. Completion of or study towards BCom Accounting Degree / Post Graduate Diploma would be advantageous. Completion of or study towards CIMA, SAIPA or equivalent would be advantageous. Deal breakers: 2+ years’ experience as a junior accountant, bookkeeper or finance/debtors/creditors/fixed asset/cash book clerk or similar role in an operational finance team. Experience in fintech, financial services, or similar industries would be advantageous. Additional Skills & Knowledge: Proven work experience as a Junior Accountant, Bookkeeper or similar role. Intermediate knowledge of MS Excel Prior experience with MS Dynamics 365 would be advantageous. Intermediate knowledge and experience in an accounting / ERP system In-depth understanding of business bookkeeping procedures Foundational knowledge of IFRS accounting standards Foundational knowledge of the South African tax legal framework (i.e., income tax, VAT, PAYE, etc.) Foundational knowledge of other relevant South African legislation and regulations (i.e., Companies Act, B-BBEE, CIPC, etc.) Intermediate knowledge in systems of internal controls and best practices related to these Intermediate knowledge in other finance operations and month-end / year-end close process Intermediate knowledge of business working capital cycles. Additional Information Perks of joining the Tribe? Work in a high-growth company with tangible results you're accountable for. Competitive remuneration and benefits, including reduced Gap cover rates. Medical Aid and Group Risk scheme contributions. Visionary leadership. Seize the opportunity for study leave. Access to on-demand learning at your fingertips. Experience a friendly, collaborative culture with a team of all-round-lekker humans (it’s true, we surveyed our Employees, and they told us so). If you find yourself at HQ, coffee on tap and a selection of hot beverages provided by our very own onsite Barista. Stay Sharp! Job scams are out there, but we’ve got your back. Here’s how to keep it real when applying: Apply the iK way: Go via our Careers page or verified platforms (Smart Recruiters). We’ll never ask for payment, personal financial details, or anything unusual during the hiring process. If someone does, it’s a scam, report it. If something feels off, pause and confirm the role on our site before responding. Your journey to join the iKTribe starts with trust and we’re here to keep it simple and secure. Work policy: Onsite

Responsibilities

The Junior Accountant will assist the Financial Accountant with gathering accurate financial data, ensuring compliance with IFRS and South African regulations, and preparing accurate financial processing up to the monthly Trial Balance. Key duties include managing the Fixed Asset Register, processing daily/weekly cashbooks with reconciliations, preparing balance sheet reconciliations, assisting with journal entries, and supporting budgeting, forecasting, auditing, and VAT calculations.