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South Africa: Financial Manager

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Job Description

About the Role

We are seeking an experienced Financial Manager to lead our finance team and oversee the full financial accounting function. The ideal candidate will have a strong commercial background, excellent analytical skills, and a proven track record of driving profitability through cost optimization. Our organization values a culture of accountability, accuracy, and service excellence.

Key Responsibilities

  • Lead and mentor members of the finance team to promote a culture of accountability, accuracy, and service excellence
  • Oversee the full financial accounting function, including journals, reconciliations, month-end, management accounts, and intercompany transactions
  • Manage financial systems development according to business and reporting needs
  • Drive profitability through continuous review of departmental cost structures, margins, and yields
  • Lead annual budgeting and forecast cycles, collaborating closely with Heads of Department to ensure realistic, data-driven forecasting
  • Perform preliminary analysis of variances between budgets, actuals, forecasts, statistics, and KPIs

Requirements

  • Minimum of 5 years post-article experience in financial management or senior accounting
  • Excellent communication skills, with the ability to lead, guide, and support members of the team
  • Strong analytical, financial modelling, and problem-solving skills
  • Commercially minded with a strategic outlook and hands-on operational awareness

Qualifications

  • BCom Accounting or equivalent degree
  • Completion of SAICA articles

About Accounting / Finance Jobs in ZA

In the South African job market, Accounting and Finance positions are in high demand across various industries. Typically, these roles require a strong foundation in financial management, planning, and analysis. Generally, professionals with expertise in accounting and finance are sought after to support businesses in making informed decisions.

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When it comes to salary expectations for Accounting and Finance roles in South Africa, it’s common for entry-level positions to start within the R300 000 – R500 000 per annum bracket. As one gains experience, salaries can increase to R800 000 – R1 200 000 or more, depending on factors such as company size, industry sector, and individual performance. However, it’s essential to note that these are broad ranges and actual salaries may vary significantly.

Common skills required for Accounting and Finance roles in South Africa include proficiency in financial software (e.g., Xero, Sage), strong analytical and problem-solving skills, attention to detail, excellent communication and interpersonal skills, and the ability to interpret financial data. Typically, candidates with a degree in Accounting or a related field are preferred, although experience and certifications can also be valuable.

The accounting and finance industry is diverse and can be found across various sectors, including financial services, technology, manufacturing, and more. In general, companies in these industries require professionals who can provide expertise on financial planning, budgeting, and forecasting. Often, these roles involve working closely with management to develop and implement financial strategies.

For those interested in pursuing a career in Accounting or Finance, there are several career progression paths available. Typically, entry-level positions lead to senior finance or accounting roles, such as financial controller or accountant manager. With experience and further education, professionals can move into leadership positions, including chief financial officer (CFO) or equivalent.


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

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