Mar 04, 2021

Financial Manager

  • Ad Hoc Client
  • Durban, South Africa
Full time Finance

Job Description

A firm within the Fuel and Retail Industry is looking for a Financial Manager to join their Team. The Financial Manager will be responsible for developing and implementing accounting policies and procedures as well as overseeing the effective and reliable operation of accounting activities, including general and cost accounting, budgeting and planning and coordinating the preparation of financial and operating reports.

Duties & Responsibilities
Key Performance Areas

Operational Management

Budget Management

Annually contribute to the preparation of the budget
Monthly monitoring the budget against the expenditure
Ensure accurate compilation of Budget and Expenditure variance reports
Ensure that the budget is aligned to the relevant policies and the integrated financial and business plans
Overseeing Capital and operational budget expenditure
Monitoring and Managing irregular, unauthorised or wasteful expenditure.
Financial Administration

Ensure accurate entry of transactions to accounting system
Ensure that month end journals are done accurately
Ensure the timely execution and accurate completion of general ledgers
Oversee administrative activities as requested by top management from time to time.
Manage the intercompany transfers
Analyse, resolve and answer complex or difficult problems presented by subordinates, employees, and creditors
General Management of the entire Finance Department
Gross profit analysis
Reconciling of control accounts
Preparation of monthly management accounts.
Financial Reporting

Oversee the Preparation and finalisation of and provide information for weekly, monthly, quarterly and annual reporting
Prepare the budget vs Expenditure Reports
Ensure timely submission of reports to the CEO
Daily Processing

Import bank statements daily including reconciliation
Capture daily cash up per site & query any variances
Reconcile EFT Batches to Bank Receipts
Reconcile cash deposits to daily drop sheets
Reconcile daily cash up control accounts
Reconcile 3rd party statements (eg Pick ‘n Pay) and weekly reports
Financial Management

All other daily bookkeeping functions per site
Compliance + Risk Management

Identify areas for improvement in the internal control system
Implementation of internal control processes
Compliance with accounting policies and standards
Accurate financial recording as prescribed by Good Accounting practices
Contributing to & support the implementation of risk management and fraud prevention plan
Process Quality

Create and implement changes to work assignments, methods, or procedures to meet operational needs.
People + Leadership Management

Provide collaborative leadership within the business unit
Manage own and team members performance and implement corrective measures where required
Provide required training and development to staff to ensure optimal performance
Effectively respond to staff queries
Desired Experience & Qualification
Minimum Required Experience

Bcom Degree or relevant qualification
Minimum of 3 to 5 years’ experience in a senior role.



Technical Competencies:

Knowledge of Xero
Financial Management
Stakeholder Management
Computer literacy
Achieving personal work goals and objectives
Adhering to principles and values
Deciding and initiating action
Ability to maintain a high level of accuracy in preparing and entering information and attention to detail;
Record keeping skills;
Fuel Retail Experience

Generic Competencies:

Leadership skills
Inter and Intrapersonal Skills
Communication Skills – written + verbal
Analytical + problem solving skills
Accuracy + Attention to detail
Time Management Skills
Co-ordination Skills
Team Working Skills
Planning and organizing skills
Honesty + Integrity
Patience + empathetic


Accountability and Ownership
Service Excellence
Package & Remuneration
This is an Office Environment position with monthly inter provincial travel.

Salary to be discussed based on qualifications and previous experience.


Please send a detailed CV including contactable references, your availability and salary expectation to email

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