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South Africa: Financial Officer – Banking (6 month contract) posted by Isilumko Staffing

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Job Description

About the Role

Isilumko Staffing is seeking a highly skilled Financial Officer to join our team on a 6-month contract basis in South Africa. As a key member of our finance team, you will be responsible for analyzing and presenting financial information to drive business strategy and support Business Units. If you have excellent analytical skills, a passion for finance, and a strong attention to detail, we want to hear from you.

Key Responsibilities

  • Prepare budgets and forecasts within turnaround times by gathering business requirements, understanding business trends, projecting forwards and making recommendations where appropriate.
  • Prepare all monthly reports by collating data, creating reports, analysing and commenting on the results.
  • Meet deadlines by working within the monthly strategic calendar.
  • Build and maintain strong internal and external relationships by attending relevant meetings and regular communication.
  • Ensure all general ledger entries are accurate and correctly posted and approved by checking daily reports, performing quality control checks and querying incorrect postings.
  • Perform quality control checks (daily and monthly process) by verifying data accuracy, proper authorisation and reconciling the general ledger accounts.

Requirements

  • Qualification in Accounting.
  • 3-5 years experience in Accounting and Financial Management, with 1-2 years experience in Financial Services.

Qualifications

  • Bachelor’s degree or higher in Accounting or related field.

Salary & Benefits

[Note: No salary information is mentioned in the original job description. As such, this section will be skipped.] [DO NOT include a “How to Apply” section – this is added automatically]

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

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About Other Finance/Accounting Jobs in South Africa

In the realm of finance and accounting in South Africa, industry trends indicate a strong demand for professionals with expertise in financial management, analysis, and planning. Typically, roles in this sector involve supporting the financial performance of an organization, ensuring compliance with regulatory requirements, and providing strategic advice to senior management. Generally, career prospects are promising, particularly for those with advanced qualifications or relevant work experience.

Salaries for finance and accounting professionals in South Africa can vary widely depending on factors such as level of experience, company size, and industry sector. Typically, entry-level positions may start within the R200 000 – R350 000 per annum range, while senior roles can command salaries ranging from R800 000 to over R1 million per annum. However, these figures are broad and can fluctuate based on market conditions, company needs, and individual performance.

Common skills required for finance and accounting professionals in South Africa include proficiency in financial software such as SAP, Microsoft Excel, and accounting systems; analytical and problem-solving abilities; strong communication and interpersonal skills; attention to detail and organizational prowess. Other essential skills may include knowledge of tax laws and regulations, financial modeling, and data analysis.

The financial services sector, technology industry, and manufacturing sector are among the most common industries that employ finance and accounting professionals in South Africa. Financial services companies often require professionals with expertise in financial planning, risk management, and compliance. The technology industry demands professionals with experience in software implementation, cost analysis, and IT project management. Manufacturing sectors typically need accountants with knowledge of inventory management, supply chain optimization, and production planning.

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Career development opportunities for finance and accounting professionals in South Africa are generally good, with many companies investing in training and development programs to enhance their employees’ skills. Typically, career progression involves moving into senior roles, such as financial manager, controller, or chief financial officer, where professionals can take on more strategic responsibilities and contribute to the organization’s growth and success.


This information provides general career guidance. Actual salaries and requirements vary by employer.



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