About the position
ENVIRONMENT:
BE responsible for maintaining accurate financial records across multiple Hospitality entities using Xero as the next Bookkeeper sought by a growing Property Development & Construction Group. The role focuses on reconciliations, compliance, reporting, and cash flow management, ensuring financial integrity and operational efficiency within a fast-paced Hospitality environment. The successful incumbent must possess a Degree/Diploma in Accounting/Finance, or related discipline with 3-5 years Bookkeeping experience – preferably within the Hospitality, Restaurant, or Retail industry. You will also require a solid understanding of South African tax regulations (VAT, PAYE, EMP201), have the ability to manage multiple entities and high transaction volumes and proficiency using Xero accounting software.
DUTIES:
Reconciliations -
· Reconcile asset registers and depreciation schedules in Xero.
· Perform daily and monthly bank reconciliations using Xero bank feeds.
· Reconcile deposits, including credit cards and third-party platforms (e.g., Mr D, Uber).
· Manage Creditor and supplier reconciliations.
· Identify, investigate, and report discrepancies within financial records.
Tax and Compliance -
· Perform VAT reconciliations and submit VAT returns via Xero (integrated with SARS VAT201).
· Ensure compliance with South African financial regulations and company policies.
· Assist with audit preparation, providing supporting documentation and reports from Xero.
Journals and Month-end Processing -
· Process Month-end Journal entries, including stock control adjustments.
· Prepare and post salary journals and support payroll processing.
· Manage PAYE and EMP201 submissions (where applicable).
· Maintain and manage loan accounts, including:
Ø Preparing loan schedules.
Ø Calculating interest.
Ø Monitoring balances.
Financial Management -
· Authorise supplier bills in Xero following internal approval processes.
· Load and allocate bank transactions accurately in Xero.
Ø Prepare basic financial reports, including:
Ø Income Statements
Ø Balance Sheets for management and board review
· Process supplier payments in line with company policies and compliance requirements.
· Analyse and report on credit card transactions post-capturing.
· Monitor and forecast cash flow (daily and weekly) across sales and bank accounts.
· Calculate commissions and prepare related invoices to support operational performance tracking.
Recordkeeping and Accounts Management -
· Maintain accurate and up-to-date financial records across all entities.
· Oversee accounts payable and receivable processes (monitoring after initial capturing).
· Ensure proper document management and audit trail within Xero.
· Support overall cash flow management through consolidated forecasting.
REQUIREMENTS:
Qualifications –
· Degree or Diploma in Accounting, Finance, or related field.
· Xero certification (advantageous).
Experience/Skills -
· Minimum 3–5 years Bookkeeping experience.
· Experience within the Hospitality, Restaurant, or Retail industry preferred.
· Proven experience using Xero accounting software.
· Strong reconciliation and analytical skills.
· Solid understanding of South African tax regulations (VAT, PAYE, EMP201).
· High attention to detail and accuracy.
· Ability to manage multiple entities and high transaction volumes.
· Strong organisational and time management skills.
· Ability to work independently and meet deadlines.
· Good communication skills for stakeholder interaction.
Desired Skills:
- Hospitality
- Account Reconciliation
- Cash Flow Management
- Bookkeeping
- Xero
About The Employer:
A growing Property Development & Construction Group
