Finance Manager

Kura; Durban; On-site; ZAR 200,000 - 300,000; Full time

Job summary

A dynamic outsourcing firm in Durban seeks a Finance Manager to oversee full P&L responsibilities, deliver monthly management accounts, and analyze financial performance. The ideal candidate must have 3-5 years of experience, strong communication skills, and expertise in financial reporting and analysis. This role offers a comprehensive benefits package and opportunities for professional development.

Benefits

Medical insurance

Canteen allowance

Qualifications

• Minimum 3-5 years experience in a similar role.
• Willingness to learn and develop are key personal attributes for this role.
• Integrity and trustworthy when dealing with clients, colleagues and service providers.

Responsibilities

• Prepare and maintain a rolling cashflow forecast.
• Production of monthly management accounts.
• Analyze financial performance of individual business streams.

Skills

Strong written and oral communication skills

Financial reporting skills

Analytical ability

Problem-solving skills

Commercial acumen

Highly Advanced Excel skills

Attention to detail

Ability to multi-task

Education

BCOM Honours (with Articles) / Newly Qualified CA

Tools

Cognos

Hyperion

QuickBooks

Job description

Overview

Salary: up to ZAR R70000 per month

Location: Durban

Hours: Monday to Friday 8am - 5pm or 9am - 6pm

Who we are

Kura provides award-winning outsourced contact centre solutions across UK and South Africa. Its software subsidiary Inisoft develops advisor desktop solutions with full omni-channel capabilities sold globally. Kura & Inisoft create and provide services and solutions to over 50 clients across many industry verticals. About Us: We are in business because we want to help people to develop and to reach their full potential. We are building a culture that shifts the mind-set from focusing on things and stuff to people and behaviour. We call this process Crossing the Bridge. Our Vision is to be Unrivalled in Developing People.

Role Details

The Finance Manager will have full P&L responsibility for Kura South Africa delivering the Monthly Management Accounts to the Group Finance Director for review in line with reporting deadlines. A key aspect of the role will be monitoring and analysing the financial performance of individual business streams, requiring the role to work closely with Operations to drive performance improvement and ensure that financial results are delivered to plan.

In addition the Finance Manager will play a key role in developing finance processes and refining the current management account production to streamline and improve the financial reporting to the business. There will also be some commercial pricing work and involvement in the bid process to support new business bids.

Operational Execution

• Prepare and maintain a rolling cashflow forecast (cashflow forecasting & analysis).
• Production of monthly management accounts to balance sheet & cashflow level.
• Prepare quarterly financial forecasting in conjunction with all relevant departments.
• Prepare the annual budget in conjunction with all relevant departments.
• Monitor income and expenses in line with relevant budgets and suggest initiatives to improve profitability by consulting with the Group Finance Director.
• Perform monthly analysis of variable and fixed expenses and provide recommendations to improve profitability.
• Ensure that accounting and internal control best practices are maintained.
• Support the budget holders with all key management information including robust management of the risks and opportunities schedules.
• Identify system weaknesses and recommendations for improvements identified and implemented.
• Proactively participate in process improvement projects both within the Finance team and the wider business.

Transactional Execution

• Review the general debtors and creditors ledgers.
• Day to Day management of bank accounts and reconciliations monthly.
• Credit Control management for debtors book.
• Ensure correct allocation of revenue and costs between campaigns and cost centers.
• Develop cost center reporting for the business through the Xero Accounting platform.
• Prepare and post all journals to the general ledger.
• Sign off and agree all Intercompany invoices. Collaboration with the UK Finance Team in this regard.
• Review and critical analysis of customer invoicing and VAT returns.
• Control customer onboarding credit limits and debt collection.
• Effective management of available company cash flow.
• Loading all payments on banking for the release.
• Consult with the companys bankers including dealing with the SA Reserve Bank for cross-border transactions.
• Monthly review of the fixed asset registers and sign off.
• Ensure all statutory returns are dealt with timeously.
• Coordinate the statutory audit.
• Business insurance management.
• Payment Runs (Weekly) Load and review the necessary payments for release by the Group Finance Director.
• Prepare the annual GBS (DTI) applications file for review by the Group Finance Director.
• Prepare the quarterly DTI file for review by the Group Finance Director.
• Responsible for assessing BBBEE targets and meeting BBBEE audit requirements.
• Facilitate the financial element of the annual BBBEE audit.
• Preparation and presentation of certificates required for audit.

Benefits

As well as a clear structure for your personal and professional development we also provide a comprehensive package of benefits which include medical insurance canteen allowance and more.

Requirements

Education and Qualifications

• BCOM Honours (with Articles) / Newly Qualified CA

Essential

• Minimum 3-5 years experience in a similar role.
• Strong written and oral communication skills.
• Financial reporting skills.
• Analytical ability.
• Problem-solving skills.
• Commercial acumen.
• Highly Advanced Excel skills.
• Attention to detail & Solutions-focused.
• Ability to challenge and question trends to address issues and identify opportunities for financial growth.
• Willingness to learn and develop are key personal attributes for this role.
• A responsible attitude and leads by example.
• Ability to multi-task and excellent time management skills.
• Integrity and trustworthy when dealing with clients colleagues and service providers.

Next steps

Feel ready to jump in? Click Apply Now

Required Experience: Manager

Key Skills

Cognos,Forecasting,Hyperion,Dealership Experience,QuickBooks,Accounting,Corporate Finance,Financial Analysis,Financial Modeling,Budgeting,Financial Management,Financial Planning

Employment Type: Full-Time

Experience: years

Vacancy: 1