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Durban: Assistant Financial Manager

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Job Description

About the Role

We are seeking an experienced and skilled Assistant Financial Manager to join our team in Durban. As a key member of our finance department, you will be responsible for overseeing daily accounting operations and providing strategic financial guidance to support business growth.

Key Responsibilities

  • Oversee daily accounting operations, including accounts receivable, accounts payable, treasury, and inventory accounting
  • Assist with the preparation of monthly management accounts and annual financial statements
  • Support monitoring of cash flow, liquidity, and working capital requirements
  • Enforce inventory controls to prevent overstocking and obsolescence
  • Monitor stock shrinkage and conduct quarterly branch visits to Cape Town and Johannesburg for stock count verification
  • Assist with annual budgets and monthly / quarterly forecasts aligned with business growth
  • Monitor operational expenses and identify cost-saving opportunities

Requirements

  • Bachelor’s Degree in Finance, Accounting, or related field
  • Professional qualification CA(SA) | ACCA | or CIMA advantageous
  • Minimum 3 years relevant experience
  • Strong knowledge of South African financial regulations and tax compliance
  • Excellent analytical, communication, and leadership skills with high attention to detail
  • Advanced MS Excel skills (Pivot Tables, VLOOKUPs)
  • Proficiency in accounting systems

Qualifications

  • Formal education/certifications: Please specify your qualifications.

Salary & Benefits

  • Salary range: [Salary range mentioned in original job description]

Note: Since the original job description did not mention a salary range or specific benefits, I left this section blank. If you have any additional information about the compensation package, please let me know and I can update it accordingly.

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How to Apply

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

About Accounting / Finance Jobs in eThekwini

The accounting and finance industry is a vital component of eThekwini’s economy, providing essential services to businesses, governments, and individuals. Generally, job seekers in this field can expect a stable and secure career with opportunities for growth and development. Typically, roles in accounting and finance are found across various industries, including financial services sector, technology industry, manufacturing sector, and public sector.

Salaries for accounting and finance professionals in eThekwini vary widely depending on factors such as experience, company size, and industry sector. Common salary ranges for entry-level positions typically start between R200 000 to R300 000 per annum, while senior roles can range from R500 000 to R800 000 or more. However, these figures are general estimates and actual salaries may vary significantly. It is essential to research the specific job market and industry trends to determine realistic salary expectations.

Common skills required for accounting and finance roles in eThekwini include proficiency in financial software, such as SAP or Oracle; strong analytical and problem-solving skills; excellent communication and interpersonal skills; experience with budgeting, forecasting, and financial analysis tools; a solid understanding of tax laws and regulations; and a degree in accounting or finance. Additionally, many employers require candidates to hold relevant professional certifications, such as the Chartered Accountant (SA) designation.

Accounting and finance professionals can be found across various industries, including financial services sector, technology industry, manufacturing sector, and public sector. The financial services sector is often a major employer of accounting and finance professionals in eThekwini, while the technology industry also provides many opportunities for growth and development. Other industries, such as manufacturing and construction, also require skilled accounting and finance professionals to manage their finances effectively.

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Career development opportunities are abundant in the accounting and finance field, with many employers offering training and development programs to help employees advance in their careers. Typically, experienced accountants can move into senior roles or take on leadership positions within their companies. With experience and additional certifications, accountants can transition into management roles, such as financial controller or accountant manager, or pursue career paths in finance consulting or public practice.


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



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