Offer summary

Qualifications:

Bachelor of Commerce degree in Accounting, 5 years experience in accounting/bookkeeping.

Key responsabilities:

Ensure accurate loan drawdown repayment calculations

Balance sheet reconciliations and customer payments

Generate invoices and manage unpaid obligations

Prepare audit packs and assist with audits

Perform various accounting functions including VAT and cash flow management

Job description

Spartan Background

Explore Spartan’s culture and the impact you’d make in funding SMEs to grow - view our Careers page.

The Fit – You & Spartan

Spartan SME Finance focuses exclusively on established SMEs - we are changing South Africa one SME at a time and need people who believe that inclusive growth can happen through helping SMEs grow. If you are looking to help us grow SMEs and build our SA - then you are the right person.

Spartan opened in 1981 and provides financing that backs entrepreneurs. This is done by adopting a structured finance approach that incorporates an intimate understanding of both the jockey [entrepreneur] and their business [SME].

We value a person with truthful candid talk, creativity, curiosity, conscientiousness and an obsession towards holistic learning & growth.

We’re more effective as a team that works closely together and engages with its customers and stakeholders, face-to-face - consequently we are entirely office based [i.e. no work-from-home mode].

Required Qualifications

The individual must have a BCom degree, which includes a major in Accounting and Finance as a subject.

Job Description

The Accountant will report to the Financial Manager and work closely with the rest of the team in the Finance Department. The role will include a focus on the loan portfolios for various companies within the Spartan Group and additional aspects as noted below

The candidate will be expected to, but not limited to:

The candidate’s role will be drawn from the following outputs (the final job specification will be tailored to the chosen candidate’s experience and aptitude):

Ensuring the accuracy of loan drawdown repayment calculations, including calculations of interest on arrears, early, settlements, and detailed amortisations.
Balance sheet reconciliations related to customer accounts
Generate invoices and credit notes
Customer (borrowers) payment allocations and loan reconciliations
Sending invoices with statements and payment reminder emails to customers
Preparation and loading of debit orders
Management and resolution of unpaid obligations
Resolving customer queries
Work with Spartan’s internal Legal Team on defaulting customers
Ad Hoc assignments
Performing accounting functions including:

Journals
VAT Calculations and Reconciliations
Balance Sheet Reconciliations
Balancing Intercompany loan accounts

Cash Flow Management
Checking/preparing bank reconciliations daily
Loading banking transactions
Audit Assistance – Prepare audit packs and liaise with auditors
ad hoc tasks

Minimum requirements

Bachelor of Commerce (Accounting as a major and Finance as a subject) or equivalent tertiary qualification
Minimum of 5 years’ experience in an accounting/bookkeeping role

Desired Skills and Experience

· Experience with loans, leases and amortisations, NPV or a sound conceptual understanding of loan and leasing calculations, amortisations and NPV

· Experience on Microsoft 365, Xero, Microsoft Teams, and Standard Bank Business online an advantage

· Excel – Above-average

· Analytical mind, organized, precise and meticulous

Required Disposition