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South Africa

Management Accountant

Company KZN Growth Fund Trust
Reference # FM001
Published 18/11/2020
Contract Type Permanent
Salary Market Related
Location Durban, KwaZulu-Natal, South Africa
Introduction
KZN Growth Fund is a private equity and private debt Fund based in Durban reporting to the KwaZulu Natal Department of Economic Development, Tourism and Environmental Affairs (EDTEA). The Fund seeks to appoint an experienced and suitably qualified Finance Manager.

Reporting to the Finance Manager, the successful candidate will be responsible for managing Budget preparation, forecasting and management. Ensure appropriate performance management and related reporting. Oversee IT administration in KGFT.
Job Functions Finance
Industries Accounting
Specification
Key Performance Areas:
•Preparation of annual budgets and reporting thereon
•Preparation and monitoring of quarterly budgets
•Responsible for co-ordinating the submissions for the corporate plan, annual performance plan from different departments
•Management of the Outsourced IT Function under guidance of FM/CFO
•Review and approval of Subsistence and travel claim forms
•Assist internal and external auditors with required information through the various avenues in the organisation
•Construct data accumulation systems
•Manage the costs in line with spending strategy and provide the advice to FM and CFO on cost saving measures
•Prepare budgeting reports (for the company and for each department) in line with Treasury Regulations and PFMA
•Analyze and report profit margins against budgets
•Super user in the fund Model system in relation to finance reports
•Prepare (monthly, quarterly and annual) forecasts including capital allocations
•Assisting in month-end and year-end closing
•Responsible for collating submission
•Identify and recommend cost-effective solutions by providing valuable insight from variance analysis
•Assist with accounting duties for KGFT subsidiary which performs Private Equity Fund activities
Requirements
•SAICA / CIMA affiliation
•B.Com and relevant Post Graduate qualification in Accounting
•Minimum of 5 years’ experience in the financial or audit environment
•Previous PFMA experience / knowledge
Job Closing Date 02/12/2020
   
   
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Last Updated: 30-7-2020 [20.07.03.04]
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