Finance Manager

Network Recruitment; Durban; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A financial services firm is seeking a Finance Manager in Durban, KwaZulu-Natal. The successful candidate will oversee financial reporting, manage cash flow forecasting, produce management accounts, and lead budgeting processes. Candidates must have a BCom in Accounting, at least 5 years of financial management experience, and proficiency in Xero Accounting and Microsoft Excel. This role offers opportunity for growth in a dynamic environment.

Qualifications

• Minimum 5 years post-articles experience in financial management.
• Completed SAIPA / SAICA / CIMA articles preferred.
• Strong proficiency in financial tools and software.

Responsibilities

• Prepare and maintain a rolling cash flow forecast.
• Produce monthly management accounts.
• Monitor income and expenditure against budgets.
• Conduct analysis of costs and suggest optimizations.
• Oversee payment runs and customer invoicing.

Skills

Financial reporting

Cash flow forecasting

Cost optimization

Accounting controls

Xero Accounting proficiency

Microsoft Excel proficiency

Education

BCom Accounting or equivalent

Tools

Xero Accounting

Microsoft Excel

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. For more vacancies, please visit