Job Description
About the Role
A reputable player in the paper and packaging sector is seeking an experienced Assistant Financial Manager to oversee the day-to-day financial operations of their Durban branch, ensuring compliance with South African financial standards and supporting strategic decision-making.
Key Responsibilities
- Overseeing daily accounting operations, specifically managing accounts receivable, accounts payable, treasury, and inventory accounting.
- Assisting in the accurate and timely preparation of monthly management accounts and annual financial statements.
- Monitoring the company’s cash flow, liquidity needs, and working capital.
- Enforcing controls to prevent overstocking and obsolescence while monitoring inventory shrinkage.
- Conducting quarterly branch visits to Cape Town and Johannesburg for stock count verifications.
- Assisting with the preparation of annual budgets and monthly or quarterly forecasts aligned with sales targets and business growth.
- Monitoring operational expenses to identify opportunities for improvement.
Requirements
A Bachelor’s degree in Finance, Accounting, or a related field. A professional qualification such as CA(SA), ACCA, or CIMA is preferred. A minimum of 3 years of experience in a finance role. Strong knowledge of South African financial regulations and tax compliance. Excellent analytical, leadership, and communication skills. High attention to detail. Strong proficiency in MS Excel, specifically with pivot tables and vlookups. Experience with accounting systems.
Qualifications
- CA(SA), ACCA, or CIMA qualification (preferred)
Salary & Benefits
Not specified
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in KwaZulu-Natal
In KwaZulu-Natal, South Africa, the accounting and finance sector is a vital component of the economy, often driving business growth and stability. Typically, professionals in this field are in high demand, particularly in sectors such as financial services, technology, and manufacturing. Generally, these roles require strong analytical skills, attention to detail, and excellent communication abilities.
When it comes to salary expectations, it’s common for accounting and finance professionals in KwaZulu-Natal to earn between R500 000 and R1 million per annum, depending on factors such as level of experience, company size, and industry sector. However, please note that these figures are broad estimates and can vary significantly depending on individual circumstances. For instance, senior executives or those working for large corporations may earn higher salaries, while entry-level positions might start at a lower end of the scale.
Common skills required for accounting and finance roles in KwaZulu-Natal include proficiency in financial software such as SAP or Xero, strong analytical and problem-solving abilities, excellent communication and interpersonal skills, attention to detail and organizational prowess. Typically, professionals in this field also possess a degree in accounting, finance, or a related field, with many holding professional certifications like the Certified Public Accountant (CPA) designation.
Many industries commonly employ accounting and finance professionals, including the financial services sector, technology industry, manufacturing sector, and public sector organisations. These roles often involve managing financial data, preparing financial statements, and providing strategic advice to clients or senior management.
For career development, it’s common for accounting and finance professionals to progress through various roles, such as financial analyst, senior accountant, or financial manager. Many also pursue further education or certifications to enhance their skills and stay up-to-date with industry trends. Ultimately, a career in accounting and finance can offer strong job security, opportunities for advancement, and competitive salaries, making it an attractive option for those looking to establish a stable and rewarding career.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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