Matrox Investments: Financial Manager

Company Matrox Investments – Durban
Reference # #PM
Published 27/10/2020
Contract Type Permanent
Location Durban, KwaZulu-Natal, South Africa
Educor is the largest private education supplier in Southern Africa., managing 10 educational brands across its more than 60 campuses and sites in South Africa and internationally. As a Group we possess a rich heritage with brands that have been in existence for many years. Since our inception in 2008, Educor has evolved into an education giant offering face-to-face, distance and online learning. Our face to face brands include Damelin, CityVarsity, ICESA and Central Technical College. Distance brands include INTEC College, Damelin Correspondence College (DCC) and our higher-education distance brand, Lyceum.
Job Functions Accounting,Finance
Industries Academic,Education

Responsible for all aspects of financial management, This role builds the capacity of the Matrox and other property companies finance team.
Oversees the day to day work of the finance department and is responsible for the effective use and deployment of staff and financial resources.


•Produce and distribute monthly management reports to agreed time scales
•Produce detailed quarterly cash flow forecasts
•Produce financial reports detailing actual expenditure against forecast to agreed timescales
•Produce required financial reports for members of the team and Board of Directors
•Produce annual financial reports and statements to agree time scales Develop annual budgets Tax planning, including VAT related matters if required.
•Maintain current standing with all mandated local tax and benefits registrations and requirements, including submissions of payments and reports.
•Ensure compliance with all statutory requirements relating to financial control, financial management and accounting.
•Ensure appropriate external audit arrangements are in place and manage the audit process
•Ensure that all balance sheet reconciliations are produced on an accurate and timely basis to include bank reconciliations, debtors, creditors and inter-company account
•Ensure implementation and adherence to finance policies, procedures and systems across all teams


1.Financial Management and Control
4.Team Management


1.Degree in accounting, business, economics, finance, or a related field.
2.Qualified Accountant (CTA with completed articles) with relevant experience may also be considered.
3.Experience in the preparation and finalisation of accounts in accordance with current South African regulations.
4.Background in Property management will be beneficial
5.Knowledge of strategic and financial planning including activity costing, benchmarking and KPIs.
6.Experience in budget preparation and reporting.
7.Experience in goods and services procurement processes.
8.Excellent computer literacy is essential especially in MS Outlook, MS Word and MS Excel, MDA property management system and Pastel would be beneficial
9.Proficient user of finance software.
10.Knowledge of current practice of internal auditing
11.Highly numerate and able to analyse statistical information and interpret financial data to produce reports which can be understood by non-financial colleagues


1.Analytical thinking: ability to tackle issues and problems in a logical step-by step way.
2.Concern for accuracy: Desire to ensure accuracy and quality in work delivered.
3.Results orientation: ability to set high goals for self and others, focusing on the delivery of targets, quality and deadlines.
4.Communication skills: ability to communicate appropriate, concise and accurate information in written and verbal formats.
5.Creativity and innovation: willingness to challenge assumptions and ability to adapt or generate imaginative and innovative ideas.
6.Influence and persuasion: ability to convince others to your own point of view, to gain acceptance, support and commitment.
7.Interpersonal skills: ability to understand and interpret other people’s behaviour.
8.Relationship building: ability to build and maintain networks of business contacts in and beyond the organisation who may contribute to success.
9.Excellent communication skills, both verbal and written.
10.Superior mathematical skills.

Job Closing Date 04/11/2020