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Financial Manager

1 week ago

Durban North, KwaZulu-Natal, South Africa Durban Offshoring Full time
Job Summary

We are seeking a highly skilled Financial Manager to lead our finance department and team members in a dynamic environment. As a seasoned professional, you will be responsible for managing financial accounting, monitoring, and reporting systems, as well as ensuring accurate revenue recognition and conducting monthly reconciliations.

The ideal candidate will have a Bachelor of Commerce degree or equivalent, completed articles or in-service training, and a minimum of 5 years' experience in a similar role. Key requirements include being commercially sound, deadline-driven, and having attention to detail.

Responsibilities:
  • Oversee financial accounting, monitoring, and reporting systems.
  • Ensure accurate revenue recognition in compliance with company and accounting standards.
  • Conduct monthly reconciliation of designated balance sheet accounts.
  • Review and manage accounts receivable effectively.
  • Control payables to mitigate company risk and reduce overheads.
  • Produce precise financial reports within specified deadlines.
  • Identify, investigate, and influence problem areas to improve results by analyzing financial results and trends.
  • Monitor and forecast cash flows and predict future trends.
  • Maintain and support key internal controls effectively.
  • Keep track of the approval process and monitor actual expenditure vs. approved expenditure.
  • Be responsible for the fixed asset register.


Credit Control Responsibilities:
  • Work in the credit control section of the department.
  • Ensure swift collection of monies owed to the practice.
  • Work with clients to negotiate payment terms that are mutually beneficial and facilitate timely payments.
  • Resolve disputes on invoices raised.
  • Take necessary actions to keep bad debts low.
  • Support the client-facing team to enable them to focus on client work with minimal involvement required on debt collection.
  • Collect debt from complex client situations.
  • Assist with legal action required.
  • Prepare legal documentation for court cases.
  • Oversee overall debt collection and advise the senior team on next steps.


Requirements:
  • Bachelor of Commerce degree (or equivalent).
  • Completed articles or in-service training.
  • Minimum 5 years' experience in a similar role.
  • Commercially sound, deadline-driven, and attention to detail.