Financial Manager â Ballito

Accountancyplacements; Durban; On-site; ZAR 650,000 - 900,000; Full time

Job summary

A financial services company in Durban is seeking a strategic Financial Manager. This role involves leading financial operations, overseeing reporting, and ensuring compliance with financial regulations. The ideal candidate has a Bachelor’s degree in Finance and at least 5 years of financial management experience, preferably in a sustainability-focused organization.

Qualifications

• Minimum of 5 years experience in financial management.
• 5-10 years experience in finance preferable in non-profit sector.
• Strong knowledge of financial regulations.

Responsibilities

• Oversee and manage the organisation's financial function.
• Prepare financial reports for CEO and Board of Directors.
• Lead accounting operations including accounts payable/receivable.

Skills

Analytical skills

Problem-solving skills

Financial regulations knowledge

Accounting management

Commitment to sustainability

Education

Bachelor's degree or BCom in Finance/Accounting

Tools

Xero

Dext

MS Excel

Job description

Overview

Financial Manager Ballito

Our client is looking for a strategic results-driven Financial Manager to lead financial operations independently in a high-impact leadership role.

Responsibilities

• Oversee develop and manage the organisation's full financial function including budgeting forecasting and reporting in alignment with the Department of Forestry Fisheries and Environmental requirements
• Analyse financial performance and provide actionable insights to support strategic decision-making
• Prepare and present financial reports to the CEO Board of Directors and the DFFE
• Lead the organisation's accounting operations including accounts payable/receivable and general ledger management
• Statutory and regulatory reporting
• Ensure strict compliance with relevant financial regulations and reporting standards especially those applicable to a Producer Responsibility Organisation (PRO)
• Coordinate / support external audits and implement recommendations
• Responsible for monitoring / managing cash flow and developing strategies to optimise working capital
• Oversee bank reconciliations and prepare monthly cash flow statements
• Engage with external stakeholders including regulatory authorities auditors and financial service providers and assist with project-level budgeting and tracking
• Assist in developing and implementing financial strategies advising leadership on risks opportunities and priorities
• Accounts Payable: Oversee the procure-to-pay process
• Accounts Receivable: Manage the invoicing and collections process
• Review bank reconciliations and ensure cash reporting accuracy
• Oversee reconciliation processes for expenses incurred and ensure month-end reporting
• Review and sign off on the monthly VAT submission
• Review and manage the fixed asset register
• Oversee and manage inventory related to marketing and collection initiatives
• Manage payments and budgets for general workers
• Monitor and report on budgets allocated to approved projects in partnership with the Social Development Manager
• Track and manage the financial progress of R&D initiatives alongside the Operations Manager
• Oversee financial reporting and fund disbursements for skills initiatives in partnership with the Social Development Manager
• Work with the Communications Manager to manage project budgets and financial reporting on awareness campaigns

Requirements

• Bachelors degree or BCom degree in Finance Accounting or related field
• Minimum of 5-10 years experience in Finance with a minimum of 5 years experience in financial management preferably in a non-profit or sustainability-focused organisation
• Strong knowledge of financial regulations and reporting standards
• Proficiency in Xero Dext and MS Excel
• Excellent analytical and problem-solving skills
• Commitment to sustainability and producer responsibility principles