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Somerset West: Fractional Financial Manager posted by IS Recruitment

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Job Description

About the Role

We are seeking an experienced Fractional Financial Manager to join our team. Our client is a professional services company, providing fractional accounting, financial management, inward expansion, tax, payroll, compliance, IR, and other services to South African SMEs. In this role, you will take responsibility for the financial management and oversight of a portfolio of clients.

Key Responsibilities

  • 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.

Requirements

  • 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.

Qualifications

  • Chartered Accountant (SA) qualification.

Salary & Benefits

R45K – R55K CTC p.m. (depending on experience).

[No qualifications section because no formal education mentioned] [No salary details beyond the specified range]

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

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About Other Finance/Accounting Jobs in Western Cape

In the Western Cape, the finance and accounting profession is a thriving industry with a strong demand for skilled professionals. Typically, the job market trends indicate a steady growth in the need for finance and accounting expertise across various sectors. This is often driven by the increasing importance of financial management, regulatory compliance, and data-driven decision-making in businesses.

When it comes to salaries, it’s common to see broad ranges varying depending on factors like experience, company size, and industry sector. Generally, entry-level positions can expect salaries ranging from R250 000 to R400 000 per annum, while senior roles may command salaries between R600 000 and R1 200 000 or more, depending on the individual’s qualifications and level of expertise.

Common skills required for finance and accounting roles in Western Cape include proficiency in financial software such as QuickBooks, Xero, or SAP; strong analytical and problem-solving skills; excellent communication and interpersonal skills; attention to detail and organisational abilities; knowledge of tax laws and regulations; and experience with budgeting and forecasting tools. Typically, a degree in commerce, accounting, or a related field is also essential.

Industry sectors commonly employing finance and accounting professionals include the financial services sector, technology industry, manufacturing sector, and corporate organisations. These roles often involve providing financial guidance, managing budgets, preparing financial reports, and ensuring compliance with regulatory requirements.

For those looking to advance their careers in finance and accounting, career development opportunities abound. Typically, experienced professionals can move into senior management positions or pursue specialisations like forensic accounting, audit, or financial planning. Others may choose to transition into related fields like business consulting, investment banking, or entrepreneurial ventures. With continuous learning and professional development, finance and accounting professionals in Western Cape can enjoy a rewarding and challenging career with opportunities for growth and advancement.

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



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