Job Description
About the Role
Our client, a leader in the shipping industry, is seeking an experienced Finance Manager to join their team based in Durban. The successful candidate will be responsible for providing financial leadership and guidance to support the company’s strategic objectives.
Key Responsibilities
- Lead the preparation and analysis of financial statements in compliance with IFRS and company policies.
- Review income tax, deferred tax, and VAT calculations.
- Perform IFRS-specific validations (IFRS 9, IFRS 15, IFRS 16).
- Ensure adherence to approved company financial policies and procedures.
- Monitor and implement procedures to achieve finance KPIs.
- Oversee internal controls and risk management processes.
- Manage and coordinate internal and external audits.
- Collaborate with cross-functional teams to support annual budgeting and planning processes within agreed timelines.
- Provide financial insights to support strategic decision-making.
- Liaise with local and branch tax authorities.
- Oversee statutory obligations and respond to tax queries.
- Oversee debtors function to ensure KPIs are met.
- Review and monitor customer ageing in line with group processes.
- Lead resolution of disputed key customer accounts and conduct meetings with key accounts.
- Support annual credit account review process.
- Oversee and manage Treasury Accountant, including cash flow forecasting and monthly cash repatriation.
- Working with AP manager to assist with Prepayments and RFI clearance.
- Oversee and manage the functions of the GL Accountant.
- Review monthly balance sheet reconciliations and resolve discrepancies promptly with GBS.
- Perform payroll reconciliations and journals.
- Coordinate with GBS and Ficom Finance teams, addressing queries and monitoring processes.
- Identify and drive systems and process enhancements.
- Partner with key business departments to support operational and strategic goals.
Requirements
- Bachelor’s degree in Accounting (3rd year major in Accounting)
- Minimum 8+ years of progressive finance experience, including management of Treasury, AP, and GL functions.
- Strong knowledge of IFRS and local tax regulations.
- Proven experience in financial planning, analysis, and audit management.
- Advanced proficiency in financial systems and MS Excel.
- Excellent leadership, communication, and stakeholder management skills.
Qualifications
No specific qualifications mentioned.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Kwazulu-Natal
In Kwazulu-Natal, South Africa, the finance and accounting profession is a vital component of various industries, contributing to the country’s economic growth and stability. Typically, job seekers in this field can expect to find opportunities across a range of sectors, including financial services, technology, manufacturing, and more.
Generally speaking, salaries for finance and accounting professionals in Kwazulu-Natal vary widely depending on factors such as level of experience, company size, industry sector, and specific role requirements. Typically, junior positions in this field may command salary ranges between R400 000 to R700 000 per annum, while senior roles can fetch salaries between R1 million to R3 million per annum or more. However, it’s essential to note that these are broad estimates and actual salaries can vary significantly based on individual circumstances.
Common skills for finance and accounting professionals in Kwazulu-Natal include proficiency in financial software such as SAP, Oracle, or Microsoft Dynamics, as well as strong analytical and problem-solving skills. Typically, candidates with a degree in finance, accounting, or related fields, as well as certifications like the CFA or CA (South Africa) designation, are highly sought after. Other essential skills often include excellent communication and leadership abilities, as well as the capacity to adapt to changing business environments.
Various industries commonly employ finance and accounting professionals, including the financial services sector, technology industry, manufacturing sector, and more. The financial services sector is particularly prominent in Kwazulu-Natal, with many banks, insurance companies, and other financial institutions operating in the province. Technology companies are also increasingly looking for skilled finance professionals to manage their finances and operations.
Career development opportunities for finance and accounting professionals in Kwazulu-Natal are numerous. Typically, senior roles may involve managing teams of junior accountants or financial analysts, while more experienced professionals can move into leadership positions such as Chief Financial Officer (CFO) or Director of Finance. Others may choose to specialize in areas like forensic accounting, tax consulting, or risk management, offering a range of career progression paths and opportunities for advancement.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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