Job Description
About the Role
We are seeking a motivated and detail-oriented Junior Finance Manager to join our client’s team in Cape Town. This role is ideal for a candidate with a strong academic background in finance or accounting who is eager to grow within the construction industry. As a Junior Finance Manager, you will support the senior finance team in managing the financial health of the business, ensuring compliance, and contributing to the smooth financial operation of multiple construction projects.
Key Responsibilities
- Prepare, review, and analyze monthly, quarterly, and annual financial statements.
- Assist in preparing management accounts and project-specific financial reports.
- Support variance analysis and provide insights into cost control and profitability.
- Assist in the preparation of annual budgets and rolling forecasts.
- Monitor project budgets against actual spend and highlight variances.
- Work with project managers to ensure accurate cost tracking and reporting.
- Oversee accounts payable and receivable processes.
- Support cash flow management by monitoring inflows/outflows and preparing projections.
- Ensure supplier and subcontractor payments are processed accurately and on time.
- Ensure compliance with financial regulations, tax laws, and company policies.
- Assist with audits and provide necessary documentation and explanations.
- Maintain up-to-date knowledge of construction industry financial regulations.
- Provide financial support to construction teams on-site and at head office.
- Monitor project costs, claims, and variations to ensure profitability.
- Assist in evaluating financial risks associated with projects.
Requirements
- A tertiary qualification in Finance, Accounting, or related field (Bachelors degree minimum).
- 02 years relevant finance experience (construction industry exposure is advantageous but not essential).
Qualifications
- Completed Bachelor’s degree in Finance, Accounting, or related field
Salary & Benefits
Competitive salary based on experience and qualifications.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Western Cape
In the Western Cape, the finance and accounting profession is a thriving industry with a strong demand for skilled professionals. Typically, the job market trends indicate a steady growth in the need for finance and accounting expertise across various sectors. This is often driven by the increasing importance of financial management, regulatory compliance, and data-driven decision-making in businesses.
When it comes to salaries, it’s common to see broad ranges varying depending on factors like experience, company size, and industry sector. Generally, entry-level positions can expect salaries ranging from R250 000 to R400 000 per annum, while senior roles may command salaries between R600 000 and R1 200 000 or more, depending on the individual’s qualifications and level of expertise.
Common skills required for finance and accounting roles in Western Cape include proficiency in financial software such as QuickBooks, Xero, or SAP; strong analytical and problem-solving skills; excellent communication and interpersonal skills; attention to detail and organisational abilities; knowledge of tax laws and regulations; and experience with budgeting and forecasting tools. Typically, a degree in commerce, accounting, or a related field is also essential.
Industry sectors commonly employing finance and accounting professionals include the financial services sector, technology industry, manufacturing sector, and corporate organisations. These roles often involve providing financial guidance, managing budgets, preparing financial reports, and ensuring compliance with regulatory requirements.
For those looking to advance their careers in finance and accounting, career development opportunities abound. Typically, experienced professionals can move into senior management positions or pursue specialisations like forensic accounting, audit, or financial planning. Others may choose to transition into related fields like business consulting, investment banking, or entrepreneurial ventures. With continuous learning and professional development, finance and accounting professionals in Western Cape can enjoy a rewarding and challenging career with opportunities for growth and advancement.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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