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Durban: Credit Analyst with Mandate

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Job Description

About the Role

We are seeking an experienced Credit Analyst to join our team in Durban, responsible for evaluating financial information, making independent credit decisions, and identifying potential risks within our company’s mandate.

Key Responsibilities

  • Conduct qualitative and quantitative analysis of applicants, contract holders, and suppliers
  • Prepare detailed approval sheets and credit recommendations for higher-level reviews
  • Ensure compliance with company policies
  • Liaise closely with Application Specialists to ensure complete and accurate deal submissions
  • Work collaboratively with Sales and Discounting teams to structure deals appropriately
  • Communicate decisions (approvals, declines, or deferrals) promptly and professionally to relevant stakeholders
  • Maintain updated deal data and supporting documentation in the internal system
  • Monitor existing exposures for signs of deterioration or heightened risk
  • Participate in portfolio reviews, trend analyses, and supplier risk assessments
  • Identify early warning indicators and assist in implementing corrective or preventative actions

Requirements

  • Education & Qualifications: Matric (Grade 12) essential; Diploma or degree in Finance, Accounting, Economics, or Risk Management preferred
  • Experience: Minimum 35 years experience in credit analysis, underwriting, or risk management within a financial services or asset-based/rental finance environment
  • Proven ability to interpret financial statements and assess SME creditworthiness
  • Familiarity with TransUnion or similar credit bureau systems

Qualifications

None mentioned.

Salary & Benefits

Competitive salary aligned with experience and approval authority. Performance-based incentives. Continuous professional development and training opportunities.

How to Apply

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

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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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