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Durban: Assistant Accountant posted by Abantu Staffing Solutions

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Job Description

Overview:

This role focuses on consolidating divisional financial information and managing business unit deliverables under strict timelines. It reports to the Divisional Financial Manager.

Minimum Requirements

  • Grade 12 and a BCom (or equivalent) with Finance/Accounting as a major.
  • 3+ years experience in a Finance or Accounting role.
  • Experience within the Manufacturing sector is highly advantageous.

Core Responsibilities

  • Financial Reporting: Co-ordinate and prepare schedules for the Monthly Automotive Division Financial Pack and upload management packs to SharePoint.
  • Cost Accounting: Perform product costing analysis, investigate Purchase Price Variances (PPV), and review GP percentages on individual Bills of Materials (BOMs).
  • Budgeting & Forecasting: Consolidate divisional budget submissions and prepare monthly forecasts across platforms like Finnivo and Qlik.
  • Internal Controls: Review business unit Balance Sheet reconciliations and ensure compliance with internal policies to prevent fraud.
  • Cash Management: Manage daily cash flow, authorize creditor reconciliations, and oversee the divisional cash analytics process.
  • Intercompany & CAPEX: Reconcile intercompany balances monthly and manage the CAPEX register to ensure all spend is authorized

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.

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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.

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



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