What Can I Do With A National Diploma In Financial Management?

What Can I Do With A National Diploma In Financial Management? If you have completed your National Diploma in Financial Management, there are many exciting career paths you can follow. This qualification boosts your chances of getting hired, as many employers prefer candidates with a National Diploma. So, what can you do with a National Diploma in Financial Management? You can look forward to career opportunities such as:

• Accounting Clerk

• Financial Manager

• Financial Administrator

• Bookkeeper

• Auditor

• Payroll Administrator

Career Opportunities With A National Diploma In Financial Management

A National Diploma in Financial Management opens the door to many exciting career opportunities. Whether you’re just starting out or looking to move into a senior position, this qualification equips you with the skills needed to work in a variety of financial roles.

From clerical jobs to management positions, there are many paths to choose from. Below are some of the top careers you can pursue, along with the duties you can expect in each role.

Accounting Clerk

One of the most common entry-level jobs in this field is an Accounting Clerk. They maintain financial records, generate reports, and record transactions. Accounting clerks may be responsible for clerical and administrative activities.

Salary Expectation – R 14 500 monthly average

What Clerk Duties Can I Perform With A National Diploma In Financial Management? 

Your duties as an Accounting Clerk will be based around bookkeeping, accounting and financial tasks. Some of your duties will include:

• Offer accounting and clerical assistance to accounting departments
• Prepare and maintain accounting records and documents
• Prepare general ledger statements
• Prepare bank deposits

Financial Manager

If you are looking at senior roles, why not become a financial manager? Financial Managers are responsible for maintaining the financial health of a company.

Salary Expectation – R 70 257 monthly average

What Management Duties Can I Perform With A National Diploma In Financial Management?

A career as a Financial Manager is ideal for someone who enjoys working with numbers and solving problems. This role plays a key part in helping businesses make smart financial decisions. Your duties as a Financial Manager may include:

• Draw up budgets
• Compile cash flow statements
• Develop strategies to minimise financial risk
• Analyse market trends
• Predict future financial trends
• Interpret and analyse financial information

Financial Administrator

A Financial Administrator is another important role in the finance department. They are responsible for the financial and administrative duties of an organisation. They will oversee all financial activities of a company.

Salary Expectation – R 16 500 monthly average

What Administrative Duties Can I Perform With A National Diploma In Financial Management?

This role supports the smooth running of daily operations through careful planning and attention to detail. Financial Administrator duties may include:

• Manage accounts receivable
• Manage accounts payable
• Perform bookkeeping activities
• Prepare and monitor ledgers and budgets
• Prepare and process payroll

Bookkeeper

For those who are passionate about maths becoming a bookkeeper may be the right career. Bookkeepers are an important part of a business. They are responsible for managing the financial books and statements of an organisation.

Salary Expectation – R 17 500 monthly average

What Bookkeeping Duties Can I Perform With A National Diploma In Financial Management?

As a bookkeeper you will focus on keeping financial records clear and correct. It’s a career that brings stability and steady demand in many industries. Your duties as a Bookkeeper may include:

• Data entry
• Monitor debits and credits
• Manage financial records
• Reconcile and maintain general ledgers
• Reconcile entries in the accounting system

Auditor

Auditors are responsible for analysing and reviewing the accuracy of the financial books of an organisation. They have to ensure that the recorded businesses reports correspond with the transactions. They also have to ensure that organisations are following all tax laws.

Salary Expectation – R 43 497 monthly average

What Auditing Duties Can I Perform With A National Diploma In Financial Management?

This role is best suited for someone who pays close attention to detail and enjoys working with rules and systems. It’s an important job that helps build trust in how businesses handle their finances. Auditors have to perform the following duties:

• Compile audit reports
• Comply with auditing standards
• Offer negative opinions
• Offer assistance in investigation

Payroll Administrator

A Payroll Administrator is responsible for ensuring that all employees in a company are paid accurately. They will review timekeeping in formation, prepare, process, and distribute all payments to employees.

Salary Expectation – R 18 000 monthly average

What Kind Of Payroll Duties Can I Perform With A National Diploma In Financial Management?

Your work helps keep financial records accurate and staff members informed. This position is perfect for someone who is organised, trustworthy, and good with numbers. Your duties as a Payroll Administrator will deal with:

• Calculate payable hours, deductions, tax, and commissions
• Manage payroll related issues
• Educate staff about salaries and benefits
• Issue of wages and salaries
• Maintain employee bank records where necessary