Job Description
About the Role
We are seeking a skilled Finance Controller to join our team at Tower Group in Durban. As a key member of our finance department, you will be responsible for overseeing and managing core accounting functions, preparing and presenting accurate financial statements, and ensuring compliance with tax principles and regulations.
Key Responsibilities
- Oversee and manage core accounting functions, including invoicing, accounts receivable, accounts payable, general ledger, and financial reporting
- Prepare and present accurate and timely financial statements and reports to senior management
- Manage the port disbursement accounts
- Reconcile individual files to validate amounts in the ledger
- Monthly reconciliations and reporting
- Tax and Vat submissions
- Manage and ensure all audit requirements are met on time and with accuracy
- Forecast quarterly balance sheets, income statements and cash flows
- Assist and support the Finance Director with the month end, budgeting and financial year end processes
- Assist with the preparation of the accounting and tax packs at year end
- Assist the Finance Dept with adhoc assignments for example, performing internal control procedures for inventory and assets, etc.
Requirements
- Matric (grade 12)
- Completed Accounting Diploma or Degree
- Min 3-5 years of industry experience
- Computer literate (Excel and MS Word)
- Knowledge of any accounting system is a requirement i.e., AccPac, Pastel, etc.
- Ability to interpret balance sheets, income statements and cash flows
- Sound knowledge of tax principles and regulations
- Sound knowledge of the characteristics of internal control
Qualifications
- Completed Accounting Diploma or Degree
- Certified accounting professional (if applicable)
Salary & Benefits
- Competitive salary package
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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