Finance Manager

Network Recruitment; Durban; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading recruitment agency is seeking a Finance Manager based in Durban. The successful candidate will enhance financial processes, manage cash flow, and ensure compliance with statutory requirements. With at least 5 years of experience in financial management, expertise in Xero Accounting, and strong analytical skills, the role offers an opportunity to contribute significantly to the organization’s financial health. The position includes responsibilities like preparing management accounts and coordinating audits.

Qualifications

• Minimum 5 years post-articles experience in financial management, ideally in a multi-entity structure.
• Strong proficiency in financial tools and accounting software.
• Experience with budget preparation and management.

Responsibilities

• Prepare and maintain a rolling cash flow forecast.
• Produce monthly management accounts to balance sheet level.
• Monitor income and expenditure against budgets and recommend initiatives to enhance profitability.
• Manage credit control and optimize the debtors book.
• Coordinate the annual statutory audit process.

Skills

Xero Accounting

Microsoft Excel

Financial management

Cost optimisation strategies

Education

BCom Accounting or equivalent Financial Degree

Completed SAIPA / SAICA / CIMA articles

Job description

Additionally, the Finance Manager will play a key role in enhancing financial processes, refining management reporting, and streamlining systems to improve accuracy, efficiency, and insight.

The role will also support commercial pricing and participate in bid processes for new business opportunities.

Key Responsibilities

• Prepare and maintain a rolling cash flow forecast, including analysis and commentary.
• Produce monthly management accounts to balance sheet and cash flow level.
• Prepare quarterly forecasts and annual budgets in collaboration with the relevant departments.
• Monitor income and expenditure against budgets and recommend initiatives to enhance profitability.
• Conduct monthly analysis of variable and fixed costs and suggest cost optimisation strategies.
• Maintain robust accounting controls and adherence to best practices.
• Support budget holders with key financial insights, including risk and opportunity assessments.
• Identify system and process inefficiencies and implement improvements.
• Lead or contribute to finance process improvement projects across the organisation.

Transactional Execution

• Review and manage general, debtors, and creditors ledgers.
• Oversee bank accounts and perform monthly reconciliations.
• Manage credit control and optimise the debtors book.
• Ensure the accurate allocation of revenue and costs across campaigns and cost centres.
• Develop and maintain cost centre reporting through the Xero Accounting platform.
• Prepare and post journals to the general ledger.
• Approve and reconcile inter-company invoices, collaborating with Group Finance.
• Review customer invoicing and VAT returns for accuracy and compliance.
• Manage customer onboarding, credit limits, and debt collection.
• Oversee payment runs, ensuring proper review and release authorisation.
• Liaise with banks and the South African Reserve Bank (SARB) for cross‑border transactions.
• Maintain and review the fixed asset register monthly.
• Ensure that all statutory returns are completed and submitted timeously.
• Coordinate the annual statutory audit process.
• Manage business insurance renewals and administration.
• Prepare annual and quarterly DTI / GBS applications for review by Group Finance.
• Oversee B‑BBEE financial compliance, audits, and documentation preparation.

Qualifications & Experience

• BCom Accounting or equivalent Financial Degree (essential).
• Completed SAIPA / SAICA / CIMA articles (preferred).
• Minimum 5 years post‑articles experience in financial management, ideally within a multi‑entity or group structure.
• Strong proficiency in Xero Accounting, Microsoft Excel, and related financial tools.

APPLY NOW!

If you are interested in this opportunity, please apply directly.