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Western Cape: Financial Manager – Parow Industrial Western Cape posted by Workers Holdings

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Job Description

1. Financial Planning & Analysis Prepare annual budgets and financial forecasts Monitor financial performance against budgets Provide strategic financial advice to management Analyze profitability and cost structures 2. Financial Reporting Prepare monthly management accounts Compile income statements, balance sheets, and cash flow reports Present financial reports to directors/shareholders Ensure accurate and timely reporting 3. Cash Flow Management Monitor daily cash flow Manage debtors and creditors Ensure sufficient working capital Oversee bank reconciliations 4. Compliance & Tax Ensure compliance with South African Revenue Service (SARS) regulations Manage VAT submissions and PAYE Ensure statutory payments are made on time Prepare for audits and liaise with auditors 5. Cost Control & Risk Management Implement internal controls Identify financial risks and recommend solutions Monitor expenses and improve efficiency Prevent fraud and financial mismanagement 6. Team Management Supervise accounting staff Train and mentor finance team members Oversee payroll processing Required Qualifications Bachelors Degree in Finance, Accounting, or related field Professional qualification (CA(SA), CIMA, ACCA) advantageous Minimum 35 years experience in financial management Key Skills Strong analytical ability Leadership and management skills Knowledge of accounting software (e.g., Sage, Pastel, Xero) Excellent Excel skills High attention to detail Strong ethical standards

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About Accounting / Finance Jobs in South Africa

In the accounting and finance sector in South Africa, one can expect to find a dynamic and growing industry with a wide range of job opportunities. The demand for skilled professionals in this field is high, driven by the country’s growing economy and increasing need for financial management and planning.

Typically, salaries for accountants and finance professionals in South Africa fall within broad ranges, often influenced by factors such as level of experience, company size, and industry sector. Generally, starting salaries can range from around R300 000 to R500 000 per annum, with more senior roles commanding significantly higher salaries, often exceeding R1 million per annum. However, it’s essential to note that these figures are highly variable and can differ substantially depending on individual circumstances.

Common skills required for accounting and finance roles in South Africa include proficiency in financial software such as SAP or Oracle, strong analytical and problem-solving skills, excellent communication and presentation abilities, attention to detail and organisational skills, and a basic understanding of tax laws and regulations. Other valuable skills may include knowledge of financial management systems, experience with budgeting and forecasting, and certification in accounting or finance, such as a Chartered Accountant (SA) designation.

Many industries employ accountants and finance professionals, including the financial services sector, technology industry, manufacturing sector, and public sector organisations. The demand for skilled accountants is particularly high in these sectors, where financial management and planning are critical to success.

Career development opportunities abound in accounting and finance roles, with many professionals progressing to senior positions such as chief financial officer (CFO), controller, or department head. Opportunities for specialisation also exist, with areas like forensic accounting, audit, and taxation attracting a high level of interest. With ongoing professional development and certification requirements, those pursuing a career in accounting and finance can enjoy a rewarding and challenging career path.

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



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