Overview
Financial Manager Jobs in Durban, South Africa at Durpro Workforce Solutions
Our client is seeking a highly experienced Financial Manager to join their team based in Durban
Purpose of the job
The Finance Manager is responsible for overseeing the full finance function, ensuring accurate financial reporting, effective controls, statutory compliance, cash flow management, and support to operational and strategic decision-making. The role includes daily transactional oversight, monthly management reporting, statutory compliance, audit coordination, and supervision of the finance team.
MINIMUM REQUIREMENT
- Bachelor’s degree in Finance, Accounting, or related field.
- Professional accounting qualification (CA(SA), CIMA, ACCA, or similar)
- Minimum of 5–8 years experience in a senior finance role.
- Strong financial reporting and analytical skills.
- Advanced knowledge of Pastel accounting systems.
- Solid understanding of VAT, tax, and statutory compliance.
- Excellent attention to detail and accuracy.
- Strong organisational and deadline management skills.
- Ability to supervise and mentor finance staff.
- Effective communication with management, auditors, banks, and regulators.
MAIN JOB FUNCTIONS
Daily Financial Operations
- Review, correct, and post all sales invoices.
- Maintain and update the sales order tracker for the estimating team.
- Review sales order margins and ensure correct project code allocation.
- Process and post sales deliveries on Pastel.
- Follow up on long outstanding debtors to ensure timely collections.
Weekly Responsibilities
- Reconcile invoicing against the sales tracker.
- Review and update outsourced wages schedules.
Monthly Financial Close & Reporting
- Maintain and update the fixed asset register, including CAPEX additions.
- Prepare a rolling 90-day cash flow forecast.
- Prepare work-in-progress (WIP) schedules.
- Reconcile telephone and cellphone expenses.
- Review overtime schedules for accuracy and approval.
- Analyse monthly expenses and ensure correct GL account allocation.
- Review and approve 30th and 7th creditor payment runs.
- Review debtors and creditors ageing and address outstanding items.
- Review and validate month-end stock reports.
- Prepare sales performance analysis (actual vs budget vs prior year).
- Prepare and present monthly management accounts.
Quarterly Responsibilities
- Complete the quarterly Statistics South Africa (STATSA) questionnaire accurately and submit within deadlines
Annual Responsibilities
- Post year-end journals and prepare the final Trial Balance and General Ledger.
- Supervise and reconcile the annual stock take.
- Update company SOPs in preparation for audit.
- Ensure submission of provisional tax returns.
- Lead and manage the external audit process.
- Review actual costs against standard costs.
- Prepare for and participate in annual bank reviews (e.g. FNB).
- Ensure timely renewal of all insurance policies.
- Analyse all accounts and post required corrections prior to audit.
- Prepare the annual budget for the new financial year.
- Negotiate and renew annual Pastel licences.
- Ensure compliance with all CIPC requirements.
- Review draft annual financial statements.
Ad Hoc & Operational Support
- Review and complete vendor documentation.
- Review supplier and customer credit applications.
- Assist with ad hoc finance-related projects.
- Provide support for Pastel-related queries.
- Assist with dividend declaration processes, including legal and compliance formalities.
- Facilitate director sign-off on all relevant documentation.
Title: Financial Manager
Company: Durpro Workforce Solutions
Location: Durban, South Africa
Category:
