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Durban: Financial Accountant

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Job Description

FINANCIAL ACCOUNTANT We are seeking a skilled and detail-orientated Financial Accountant to manage financial reporting, ensure compliance with accounting standards, and support the organization’s financial decision-making. The successful candidate will be responsible for maintaining accurate financial records and producing timely management and statutory reports. Key Responsibilities To assist with all accounting, finance and secretarial functions including assistance with the annual audit and preparation of annual financial statements. To manage the Accounts Payable functions; the capturing and flow of invoices and the reconciliation and payment of all suppliers. Assist with preparation of monthly management accounts and Board packs. Assist with financial planning, modelling, budgeting and forecasting. Preparation of the annual and monthly tax payments including VAT, PAYE, EMP201, etc. Responsible for maintaining the fixed assets and property registers for all the company and associated entities. Responsible for management of lease agreements. Management of Forex banking portfolio. Perform general ledger reconciliations including reconciliation of the fixed assets register and intercompany accounts. Minimum Requirements CA(SA), Post graduate diploma in Accounting / Honours in BCom Accounting 2 years’ experience in a similar role Articles with one of big four firms is advantageous Knowledge, Skills and Abilities Strong IFRS knowledge Good understanding of deferred and normal tax Ability to work under pressure and meet deadlines K2 Workflow Sage 300 payroll Oracle (Hyperion) IDU Budget Software Good knowledge of Accpac

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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.

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.

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



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