Somerset West: Fractional Financial Manager posted by IS Recruitment

Fractional Financial Manager

Department: Financial Management & Advisory

Location: In office role in Somerset West *(Hybrid option available after 3 months)

Salary: R45K R55K CTC p.m. (depending on experience)

Job Overview:

Our client is a professional services company, they provide fractional accounting, financial management, inward expansion, tax, payroll, compliance, IR, and other services to South African SMEs.

We are seeking an experienced Fractional Financial Manager to join our team. In this role, you will take responsibility for the financial management and oversight of a portfolio of clients. You will be instrumental in delivering a range of services including monthly accounting, financial reviews, strategic financial management, and compliance work. You will also lead and contribute to ad hoc financial projects that require a hands-on, solutions-driven approach.

Key Responsibilities

Financial Oversight & Monthly Work

• Prepare and review monthly management accounts for a range of clients.
• Perform monthly reconciliations, including payroll, VAT, and bank reconciliations.
• Ensure timely and accurate VAT calculations and submissions.
• Perform provisional tax calculations and prepare relevant schedules.
• Draft, review, and sign off on financial statements.
• Support clients with budgeting, forecasting, and cost modelling.
• Lead monthly financial management meetings with clients to provide insights and advice.

Fractional Financial Management

• Act as the financial manager for assigned clients.
• Develop and implement financial reporting solutions and dashboards.
• Offer strategic input on financial planning, cash flow management, and financial decision- making.

Project & Advisory Work

• Assist with special projects such as system implementations, restructuring support, and due diligence checks.
• Provide support and guidance during audit and independent review processes.
• Address audit queries and assist in preparing necessary documentation.
• Identify and implement process improvements, ensure quality standards, and meet deadlines consistently.

Client Communication & Service:

• Provide exceptional customer service by proactively engaging with clients, addressing inquiries promptly, and delivering timely financial information.
• Develop a deep understanding of clients financial situations, identify additional financial needs, and suggest suitable service offerings such as Advisory, Fractional FM, and Fractional CFO services.

Key Requirements (Qualifications, Experience, Skills preferred)

• Qualification as a Chartered Accountant (SA)
• At least 1 year of post-article experience, ideally within an accounting firm or client-facing role.
• Strong knowledge of accounting principles (IFRS for SMEs), tax legislation, and payroll.
• Proficient in cloud accounting platforms (e.g., Xero, QuickBooks, Dext, ApprovalMax, Draftworkx)
• International exposure or experience with cross-border financial management is a plus.
• Strong written and verbal communication skills.
• Able to manage multiple clients and meet deadlines.
• Hands-on, proactive approach and comfort working in a fast-paced, changing environment.