Accountant at Spartan SME Finance

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

• Techno Savvy  
• Good communicator [verbal and written] 
• Meticulous & precise [attention to detail]
• Ability to listen, interpret and understand 
• Conscientious with follow-up & feedback  
• Trustworthy and dependable 
• Problem solver 
• Strong team player 
• Take initiative and responsibility 
• Managing own time efficiently
• Self-awareness 
• Listen, interpret and understand
• Curiosity with constant holistic learning
• Someone who wants to make a contribution to South Africa and assist SMEs

Remuneration

• Market-related salary based on experience, with company benefits [medical aid, provident fund, etc]

Application Requirements

• CV
• Cover/Motivation Letter

Industry

• Financial Services

Employment Type

·        Full-time, Onsite (No Remote)