Finance Manager, Durban

Our client a leader in the shipping industry is seeking an experienced Finance Manager to join their team based in Durban 

MINIMUM REQIREMENTS 

• Minium: Bachelor’s degree in Accounting (3rd year major in Accounting)
• Minimum 8+ years of progressive finance experience, including management of Treasury, AP, and GL functions.
• Strong knowledge of IFRS and local tax regulations.
• Proven experience in financial planning, analysis, and audit management.
• Advanced proficiency in financial systems and MS Excel.
• Excellent leadership, communication, and stakeholder management skills.

MAIN JOB FUNCTIONS 

• Lead the preparation and analysis of financial statements in compliance with IFRS and company policies.
• Review income tax, deferred tax, and VAT calculations.
• Perform IFRS-specific validations (IFRS 9, IFRS 15, IFRS 16).
• Ensure adherence to approved company financial policies and procedures.
• Monitor and implement procedures to achieve finance KPIs.
• Oversee internal controls and risk management processes.
• Manage and coordinate internal and external audits.
• Collaborate with cross-functional teams to support annual budgeting and planning processes within agreed timelines.
• Provide financial insights to support strategic decision-making.
• Liaise with local and branch tax authorities.
• Oversee statutory obligations and respond to tax queries.
• Oversee debtors’ function to ensure KPIs are met.
• Review and monitor customer ageing in line with group processes.
• Lead resolution of disputed key customer accounts and conduct meetings with key accounts.
• Support annual credit account review process.
• Oversee and manage Treasury Accountant, including cash flow forecasting and monthly cash repatriation.
• Working with AP manager to assist with Prepayment’s and RFI clearance
• Oversee and manage the functions of the GL Accountant
• Review monthly balance sheet reconciliations and resolve discrepancies promptly with GBS
• Perform payroll reconciliations and journals.
• Coordinate with GBS and Ficom Finance teams, addressing queries and monitoring processes.
• Identify and drive systems and process enhancements.
• Partner with key business departments to support operational and strategic goals