Assistant Accountant-Two Year Fixed-Term Contract

INTERNAL AND EXTERNAL VACANCY: ASSISTANT ACCOUNTANT-TWO YEAR-FIXED TERM CONTRACT, CEF SOC

 CEF is a Schedule 2 state owned diversified energy company reporting to the Department of Mineral & Petroleum Resources. The Mandate of CEF is to contribute to the security of energy supply of South Africa and the Region through exploration, acquisition, development, marketing and strategic partnership. It is derived from the CEF Act (No 38 of 1977) and the Ministerial directives issued thereafter.

JOB PURPOSE:

The Assistant Accountant is responsible for performing day-to-day accounting, financial reporting and administrative support for financial activities.

•  REQUIRED MINIMUM QUALIFICATIONS AND EXPERIENCE:
• National Diploma (NQF6) in accounting or equivalent qualification.
• Minimum of 2 to 3 years’ experience in bookkeeping or accounting.
• Proven experience in the public sector or private equity firm will serve as an added advantage.
• Bachelor’s degree (NQF 7) in accounting or equivalent qualification will serve as an added advantage.

DESIRED ADDITIONAL SKILLS/ COMPETENCIES:

• Knowledge of accounting principles and financial reporting standards
• Knowledge of the PFMA
• Understanding of administration of levies
• Knowledge of different financial ERPs (SAP, Accpac)
• Attention to detail and accuracy
• Time management skills
• Proficiency in numerical reasoning
• Communication and reporting skills

KEY PERFORMANCE INDICATORS:

Transactional Accounting

• Prepare and capture daily journal entries, ensuring prior-year adjustments and errors are resolved to minimize audit findings
• Perform account reconciliations and submit for review, ensuring accuracy and completeness
• Prepare and process creditor payments, including follow-ups on outstanding balances
• Generate and capture debtor invoices, ensuring all supporting documentation is complete and accurate
• Allocate payments to relevant accounts for review and posting by the Senior Financial Accountant
• Maintain and reconcile cashbooks, matching cash receipts from debtors and payments to creditors against bank statements
• Process monthly investment transactions in line with financial policies and procedures
• Record and reconcile intercompany transactions and journals
• Manage and monitor the open purchase order system, ensuring proper matching and control processes are followed

Financial Reporting

• Assist in the preparation of annual financial statements for various subsidiaries, ensuring timely submission to the Group Senior Manager for review
• Assist in the Asset Management team to review and validate depreciation calculations across different asset classes for CEF SOC and other subsidiaries
• Prepare supporting schedules and documentation for Interim Financial Statements (IFS) and Annual Financial Statements (AFS)
• Monitor daily, weekly, and monthly trial balance transactions, investigating and resolving any discrepancies identified
• Assist in the preparation of notes to the financial statements in compliance with reporting standards
• Perform account reconciliations for various line items, ensuring accuracy and completeness of financial records

Petty Cash Management

• Act as custodian of petty cash in accordance with company policies and procedures
• Monitor petty cash to always ensure availability of cash
• Reconcile petty cash monthly and report on petty cash spend to the manager
• File documentation for ease of retrieval and for audit purposes

Travel & Expense Claim Administration

• Prepare and capture all travel invoices with supporting documentation and ensure compliance with the travel policy and National Treasury instruction notes/regulations
• Prepare and capture travel for payments and approvals
• Review approved travel and expense claims and confirm that supporting documentation is attached
• Process travel and expense claims for payment in accordance with processes and procedures
• File documentation for ease of retrieval and for audit purposes

Publish date:   14 April 2026

Closing Date:  18 April 2026

NOTE: The successful candidate/s for the advertised position/s will be required to undergo a personnel suitability check, which includes criminal records, citizenship, financial checks, qualifications and previous employment (Reference checks). It is the responsibility of the applicant to make sure that foreign qualifications are evaluated by the South African Qualifications Authority, and the evaluation certificate is attached to the application on submission. If you do not hear from the CEF SOC three months after the closing date of the advertisement, consider your application unsuccessful.  CEF SOC reserves the right not to fill this position. CEF SOC is an equal employment opportunity and affirmative action employer, and it is committed to the achievement and maintenance of diversity and equity in employment, especially in respect of race, gender and disability. This position will be filled in accordance with the CEF SOC Employment Equity Plan.