Finance Manager

Smart Placements; Durban; On-site; ZAR 500,000 - 700,000; Full time

Job summary

A leading company in the finance sector seeks an experienced Regional Finance Manager to oversee financial operations across 19 branches in KwaZulu-Natal. The ideal candidate should possess a BCom in Finance or Accounting, with a strong grasp of financial principles, analytical prowess, and leadership abilities. This role involves managing budgets, forecasting, reporting financial performance, and supervising the finance team to ensure compliance and operational efficiency.

Qualifications

• Minimum of 5 years in regional finance management or similar role.
• Must have BCom in Finance or Accounting.
• Strong understanding of budgeting, forecasting, reporting.

Responsibilities

• Review all trial balances ensuring accuracy for 19 branches.
• Prepare monthly reconciliations and manage cash flow.
• Lead and support the KZN finance team.

Skills

Analytical skills

Problem-solving skills

Leadership skills

Understanding of financial principles

Budgeting

Forecasting

Reporting

Education

BCom in Finance or Accounting

Matric

Tools

Financial management software

Microsoft Office Suite

Omni Accounts software

Job description

Minimum of 5 years of experience in regional finance management or a similar role.

• Matric is essential.
• A tertiary qualification in Finance ( BCom in Finance,Accounting, or equivalent) is essential.
• Strong understanding of financial principles, budgeting, forecasting, and reporting.
• Proficiency in financial management software and Microsoft Office Suite.
• Excellent analytical, problem-solving, and leadership skills.
• Must be able to work long hours, short notice, weekends, and public holidays if needed.
• Review all trial balances for all 19 KZN branches ensuring completeness and accuracy of accounts.
• Analyse and report on the financial status, including income statement variances, and communicate financial results to directors monthly
• Cash book processing and regular bank reconciliation
• Verifying and capturing supplier invoices on the Omni Accounts system
• Cashflow Planning : Prepare weekly cash forecasts prioritising stock that is required for production
• Internal Controls : Review stocktake variances and ensure compliance with internal controls and processes.
• Team Management : Lead and support the KZN finance team.
• Prepare monthly Cost of Sales reconciliation to reconcile any differences
• Prepare monthly creditors control reconciliations
• Processing of monthly journals on Omni accounts software
• Finance department related administrative support, as and when required.