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 expertise to drive business growth and success.
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 Prepayment’s 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
- Strong knowledge of IFRS and local tax regulations
Qualifications
- Formal education/certifications not specified
Salary & Benefits
- Not mentioned
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.
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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