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Durban: Management Accountant – Durban Umhlanga

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Job Description

About the Role

We are seeking a highly skilled Management Accountant to join our team in Durban Umhlanga, responsible for ensuring the full and accurate completion of management accounts for a specified area of responsibility. The successful candidate will work closely with the Finance team to produce the Group set of accounts in a precise and timely manner, while also delivering concise and inciteful reporting via KPI’s and commentary to business leads throughout the organisation.

Key Responsibilities

  • Full ownership of allocated entities and/or areas of reporting
  • Produce accurate daily/weekly and monthly reporting for the finance team and wider business
  • Preparation of monthly management accounts
  • Balance Sheet Reconciliations
  • Liaising with other departments both for the preparation of information for the accounts and querying items that are not as anticipated
  • Profit & Loss reconciliations and reviews
  • Investigating variances and margin queries and providing timely responses to the wider finance team
  • Supporting the Treasury function – monthly reporting
  • Intercompany reconciliations
  • VAT reconciliations/preparation
  • Support annual audits, statutory accounts preparation and tax compliance
  • Supporting budgeting and reforecasting activities for the allocated areas of reporting
  • Ad-hoc reporting, projects and tasks as directed in support of the business requirements

Requirements

  • Previous experience in a finance environment (ideally high-volume transactional environment)
  • ACCA/CIMA/CA Part qualified, with 3 years of experience
  • Intention to study for a further professional qualification, want to gain additional experience and develop
  • Good understanding of accounting standards, concepts and applications

Qualifications

No qualifications mentioned in the original job description.

Salary & Benefits

No salary or benefits information is provided in the original job description.

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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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