Finance Manager

Durban, KwaZulu-Natal
Permanent
Full-time

22 days ago

SalaryFinance ManagerLocation: DurbanHours: Monday to Friday 8am - 5pm or 9am - 6pmSalary: up to ZAR R70,000 per monthWho we areKura provides award-winning outsourced contact centre solutions across UK and South Africa. Its software subsidiary, Inisoft, develops advisor desktop solutions with full omni-channel capabilities, sold globally. Kura & Inisoft create and provide services and solutions to over 50 clients across many industry verticals. About Us: We are in business because we want to help people to develop and to reach their full potential.We are building a culture that shifts the mind-set from focusing on “things and stuff” to “people and behaviour”. We call this process “Crossing the Bridge”. Our Vision is to be “Unrivalled in Developing People."Role DetailsThe Finance Manager will have full P&L responsibility for Kura South Africa, delivering the Monthly Management Accounts to the Group Finance Director for review in line with reporting deadlines. A key aspect of the role will be monitoring and analysing the financial performance of individual business streams within KSA. This will require the role to work closely with Operations to drive performance improvement and ensuring that financial results are delivered to plan.In addition, the Finance Manager will play a key role in developing finance processes and refining the current management account production to streamline and improved the financial reporting to the business.There will also be some commercial pricing work and involvement in the bid process to support new business bids.Operational Execution:

Prepare and maintain a rolling cashflow forecast (cashflow forecasting & analysis).
Production of monthly management accounts to balance sheet & cashflow level.
Prepare quarterly financial forecasting in conjunction with all relevant departments.
Prepare the annual budget in conjunction with all relevant departments.
Monitor income and expenses in line with relevant budgets and suggest initiatives to improve profitability by consulting with the Group Finance Director.
Perform monthly analysis of variable and fixed expenses and provide recommendations to improve profitability.
Ensure that accounting and internal control best practices are maintained.
Supporting the budget holders with all key management information including robust management of the risks and opportunities schedules.
Identify system weaknesses and recommendations for improvements identified and implemented.
Proactively participating in process improvement projects both within the Finance team and the wider business.

Transactional Execution:

Review the general, debtors and creditors ledgers
Day to Day management of bank accounts and reconciliations monthly.
Credit Control management for debtor’s book.
Ensure correct allocation of revenue and costs between campaigns and cost centers.
Develop cost center reporting for the business through the Xero Accounting platform.
Prepare and post all journals to the general ledger.
Sign off and agree all Intercompany invoices. Collaboration with the UK Finance Team in this regard.
Review and critical analysis of customer invoicing and VAT returns.
Control customer onboarding, credit limits and debt collection.
Effective management of available company cash flow.
Loading all payments on banking for the release.
Consult with the company’s bankers including dealing with the SA Reserve Bank for cross-border transactions.
Monthly review of the fixed asset registers and sign off.
Ensure all statutory returns are dealt with timeously.
Coordinate the statutory audit.
Business insurance management.
Payment Runs (Weekly) – Load and review the necessary payments for release by the Group Finance Director.
Prepare the annual GBS (DTI) applications file for review by the Group Finance Director.
Prepare the quarterly DTI file for review by the Group Finance Director.
Responsible for assessing BBBEE targets and meeting BBBEE audit requirements.
Facilitate the financial element of the annual BBBEE audit.
Preparation and presentation of certificates required for audit.

BenefitsAs well as a clear structure for your personal and professional development we also provide a comprehensive package of benefits which include medical insurance, canteen allowance and more.RequirementsEducation and Qualifications

BCOM Honours (with Articles) / Newly Qualified CA

Essential

Minimum 3-5 years’ experience in a similar role.
Strong written and oral communication skills.
Financial reporting skills.
Analytical ability.
Problem-solving skills.
Commercial acumen.
Highly Advanced Excel skills.
Attention to detail & Solutions-focused.
Ability to challenge and question trends to address issues and identify opportunities for financial growth.
Willingness to learn and develop are key personal attributes for this role.
A responsible attitude and leads by example.
Ability to multi-task and excellent time management skills.
Integrity and trustworthy when dealing with clients, colleagues, and service providers.

Next stepsFeel ready to jump in? Click Apply Now

Kura

Apply Now