Assistant Financial Controller

Fempower; Ladysmith; On-site; ZAR 300,000 - 600,000; Full time

Job summary

A leading financial services company in KwaZulu-Natal seeks a Financial Support Specialist to assist the CFO in managing financial operations. The ideal candidate will have a minimum of 3 years of corporate finance experience, advanced skills in Excel, and experience with SAP. This role involves financial reporting, analysis, budgeting, and ensuring compliance with financial regulations.

Qualifications

• Minimum 3 years corporate experience with at least 2 years in SAP within the last 5 years.
• Proven finance or accounting experience.
• Knowledge of accounting principles and financial regulations.

Responsibilities

• Assist in preparing and analyzing financial statements and reports.
• Conduct financial analysis to provide insights into performance.
• Assist in developing and monitoring budgets and forecasts.
• Support audits with necessary documentation.
• Manage cash flow and prepare forecasts.

Skills

Financial analysis

Advanced Excel skills

SAP experience

Budgeting and forecasting

Education

Honours degree and CTA in BCom Accounting Sciences

Professional accounting designation (CA(SA), ACCA)

Job description

SUMMARY :
POSITION INFO :

Purpose of the job

Support the financial operations of an organization, working closely with the CFO and finance team to ensure accurate recording, reporting, and analysis of financial data. Assist in maintaining the company's financial health through various activities, controls, and processes.

Key Responsibilities

Financial Reporting :

• Assist in preparing and analyzing financial statements, reports, and budgets, ensuring compliance with accounting standards, regulations, and policies.
• Support the consolidation and reporting of financial results.

Financial Analysis :

• Conduct financial analysis and performance evaluations to provide insights into financial performance, trends, and improvement opportunities.
• Support decision-making by providing accurate and timely financial information.

Budgeting and Forecasting :

• Assist in developing and monitoring budgets and forecasts, collaborating with departments to analyze variances and recommend cost optimizations.

Internal Controls :

• Contribute to establishing and maintaining internal controls to safeguard assets.
• Assist in implementing financial policies and best practices.

Audit Support :

• Support audits by providing documentation and addressing findings.
• Ensure compliance with regulatory and accounting standards.

Cash Flow Management :

• Assist in monitoring and managing cash flow, including receivables and payables.
• Prepare cash flow forecasts and identify working capital improvements.

Financial Systems and Tools :

• Utilize financial software effectively, identify system enhancements, and participate in implementations.

Team Collaboration :

• Collaborate across departments to gather information, provide insights, and support decision-making.

Compliance and Regulatory Reporting :

• Assist in ensuring compliance with financial regulations and reporting requirements.
• Prepare statutory reports and filings accurately and timely.

Performing under pressure :

• Work effectively under tight deadlines, acting as a key support to the CFO with a hands-on approach.

Professional Experience

• Minimum 3 years corporate experience, with 5 years post-articles preferred.
• Proven finance or accounting experience, with advanced Excel skills, especially Pivot tables.
• At least 2 years SAP experience within the last 5 years.
• Knowledge of accounting principles, financial analysis, budgeting, and forecasting.
• Experience with AFS compilation, corporate income tax, and external audits.

Minimum Academic Qualification

• Honours degree and CTA in BCom Accounting Sciences (non-negotiable).
• Professional accounting designation (e.g., CA(SA), ACCA) preferred.
• Articles with medium or large audit firms preferred.

Knowledge, Skill and Abilities

• Ability to work within a finance team and with top management.
• Handle stress in a high-paced environment with emotional maturity.
• Results-driven, self-motivated, and professional.