Financial Reconciliation Manager

Network Finance; Durban; On-site; ZAR 700,000 - 950,000; Full time

Job summary

Network Finance in Durban is seeking an experienced financial professional to lead balance sheet reconciliations across the group. You will oversee monthly close processes, ensure accuracy, and drive improvements in controls and reporting.

The role requires a qualified CA(SA) with at least 3 years in reconciliations, reporting or financial controls, plus exposure to multi-entity environments and leadership capability. Durban-based, on-site role with a focus on governance.

Qualifications

• Qualified CA(SA) essential.
• Relevant Finance or Accounting Degree.
• Minimum 3 years' experience in Financial Management.
• Minimum 3 years' experience in reconciliation, reporting or financial controls.
• Experience in multi-entity or group reporting is advantageous.
• Proven leadership and people management experience.

Responsibilities

• Oversee and review all balance sheet reconciliations across the group.
• Ensure reconciliations are completed accurately and within monthly reporting deadlines.
• Manage reconciliations for bank accounts, debtors, creditors, intercompany balances, loans, and assets.
• Investigate discrepancies and resolve outstanding items timeously.
• Perform root-cause analysis and implement corrective actions.
• Strengthen financial controls and governance, maintain documentation for audits.

Skills

Reconciliations

Financial controls

Process improvement

Stakeholder management

Leadership

Education

CA(SA)

Finance or Accounting degree

Tools

Excel

ERP systems

Job description

Key Responsibilities

Financial Reconciliations & Balance Sheet Governance

• Oversee and review all balance sheet reconciliations across the group.
• Ensure reconciliations are completed accurately and within strict monthly reporting deadlines.
• Manage reconciliations relating to bank accounts, debtors, creditors, intercompany balances, loans, interest, accruals, prepayments, suspense accounts, and fixed assets.
• Investigate reconciliation discrepancies and ensure outstanding items are resolved timeously.
• Perform root-cause analysis on recurring issues and implement sustainable corrective actions.

Financial Controls & Compliance

• Strengthen financial controls and ensure adherence to governance frameworks and reporting standards.
• Maintain reconciliation schedules and supporting documentation for audit and compliance purposes.
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• Review annual financial statements, tax calculations, and supporting financial workings.
• Monitor key balance sheet accounts and ensure compliance with internal and external regulatory requirements.
• Support both internal and external audit processes and facilitate the implementation of audit recommendations.

Process Improvement & Automation

• Drive process improvement, standardisation, and automation initiatives across the finance function.
• Identify opportunities to improve reporting accuracy, efficiency, and control effectiveness.
• Streamline reconciliation processes and reduce manual intervention where possible.
• Support finance transformation projects aimed at enhancing business performance and scalability.

Leadership & Stakeholder Management

• Partner with finance and operational teams to improve reporting quality and financial governance.
• Build strong relationships with stakeholders across multiple business units.
• Provide financial insights and recommendations to management on reconciliation and control-related matters.
• Lead, mentor, and develop finance team members while fostering a culture of accountability and continuous improvement.

Requirements

Qualifications

• Qualified CA(SA) (essential).
• Relevant Finance or Accounting Degree.

Experience

• Minimum 3 years' experience in Financial Management.
• Minimum 3 years' experience within a reconciliation, reporting, financial control, or similar finance environment.
• Experience working within a multi-entity or group reporting structure will be advantageous.
• Proven leadership and people management experience.

Technical Skills

• Strong understanding of reconciliations, financial controls, and risk management principles.
• Experience reviewing financial statements and tax computations.
• Strong analytical and problem-solving abilities.
• Exposure to process optimisation, finance transformation, or automation projects advantageous.
• Advanced financial reporting and reconciliation expertise.

Key Competencies

The ideal candidate will demonstrate:

• Exceptional attention to detail and accuracy.
• Strong analytical and investigative skills.
• Excellent organisational and time management abilities.
• Effective communication and stakeholder engagement skills.
• A proactive, solutions-driven mindset.
• The ability to lead teams and influence positive change.
• Strong commercial awareness and financial acumen.
• Resilience and the ability to perform under pressure.