Assistant Financial Manager

Placements24; Mtubatuba Local Municipality; Hybrid; ZAR 420,000 - 660,000; Full time

Benefits offered by this job

Medical aid benefits

Pension fund

Job summary

Placements24 invites applications for an Assistant Financial Manager role based in Richards Bay, KwaZulu-Natal. The position supports the finance team with reporting, management accounting, and strategic planning, with a flexible hybrid work arrangement.

The ideal candidate has 3–4 years in accounting, a relevant qualification, and knowledge of Pastel/Sage and IFRS. Strong Excel skills, analytical ability, and collaborative spirit are essential for success.

Qualifications

• A relevant tertiary qualification in Accounting or Finance.
• Studying towards or completed professional qualification (SAIPA/ACCA/CIMA) advantageous.
• 3–4 years of accounting or financial experience.
• Proficiency in accounting software (Pastel, Sage) and strong Excel skills.
• Solid understanding of IFRS and basic tax principles.
• Strong analytical skills and attention to detail.
• Ability to work collaboratively and communicate effectively.
• Proactive approach to problem solving and process improvement.
• Familiarity with financial reporting requirements.
• Commitment to meeting deadlines and accuracy.

Responsibilities

• Prepare monthly financial statements and management reports.
• Assist in budgeting, forecasting, and financial planning.
• Manage general ledger and ensure data integrity.
• Conduct balance sheet reconciliations and investigate discrepancies.
• Process and review journal entries and accruals.
• Assist with tax computations and statutory returns.
• Support internal and external audits.
• Contribute to financial policy development and procedural improvements.
• Monitor costs and identify savings opportunities.
• Maintain fixed asset registers and depreciation.

Skills

Financial reporting

Management accounting

Budgeting & forecasting

Variance analysis

Analytical thinking

Attention to detail

Team collaboration

Communication skills

Problem solving

Education

BCom / BTech in Accounting or Finance

SAIPA / ACCA / CIMA student or qualification

Tools

Pastel

Sage

MS Excel

Job description

About the Role

Our client, a rapidly expanding industrial services company located in **Richards Bay, KwaZulu-Natal**, is seeking a dynamic and diligent Assistant Financial Manager to support their growing operations. This role is integral to the finance department, focusing on financial reporting, management accounting, and assisting with strategic financial planning. The ideal candidate will be detail-oriented, possess strong analytical skills, and have a solid foundation in accounting principles. This is an excellent opportunity for a developing finance professional to gain valuable experience within a key industry hub and contribute to the company's ongoing success, with a flexible hybrid work arrangement.

Key Responsibilities

• Assist in the preparation of monthly financial statements, management reports, and variance analyses.


• Support the Financial Manager in budgeting, forecasting, and financial planning processes.


• Manage the general ledger and ensure the accuracy and integrity of financial data.


• Perform balance sheet reconciliations and investigate discrepancies.


• Process and review journal entries and accruals.


• Assist with the preparation of tax computations and statutory returns.


• Support internal and external audit requirements.


• Contribute to the development and implementation of financial policies and procedures.


• Monitor operational costs and identify areas for potential savings.


• Maintain fixed asset registers and process depreciation.

Requirements

• A relevant tertiary qualification in Accounting or Finance (e.g., BCom, BTech Accounting) is required.


• Currently studying towards or recently completed a professional qualification (e.g., SAIPA, ACCA, CIMA) is highly advantageous.


• A minimum of 3-4 years of experience in accounting or financial roles.


• Proficiency in accounting software (e.g., Pastel, Sage) and strong MS Excel skills are essential.


• Good understanding of IFRS and basic tax principles.


• Strong analytical skills and attention to detail.


• Ability to work collaboratively within a team and communicate effectively.


• Proactive approach to problem-solving and process improvement.


• Familiarity with financial reporting requirements.


• Commitment to meeting deadlines and producing accurate work.

Benefits

• Our client offers a competitive salary package designed to attract and retain top talent.


• Employees are provided with medical aid benefits and a pension fund.


• Opportunities for further professional growth and development within the company are encouraged.


• The role offers a hybrid work model, allowing for a flexible balance between office-based duties in **Richards Bay, KwaZulu-Natal**, and remote work.