Financial Manager / Senior Financial Accountant

Headhunters recruitment; Benoni; On-site; ZAR 900,000 - 1,500,000; Full time

Job summary

Headhunters recruitment in Benoni, Gauteng, seeks a Financial Manager / Senior Financial Accountant to lead costing and financial reporting for a manufacturing business. You will own the job costing model, manage margins and variances, and drive accurate monthly management accounts.

Strong IFRS for SMEs, stock control, and ERP costing experience are essential for this role. We require CA(SA)/CIMA/SAIPA with at least 5 years in a senior finance role in manufacturing, plus hands-on leadership of a

Qualifications

• CA(SA), CIMA (CGMA) or SAIPA required with strong costing focus.
• Degree in accounting or finance.
• At least 5 years in a senior finance role within manufacturing.
• Experience with mid-market ERP and costing modules.

Responsibilities

• Own job costing model across all projects, including material, labour, subcontract and overhead allocation.
• Set and maintain labour and overhead recovery rates; review against actuals.
• Explain variances to MD and project teams; support cost estimates for quotes.
• Track supplier costs vs project budgets; value materials, WIP and finished goods.
• Run stock counts; keep stock ledger reconciled to GL; manage landed cost and FX.
• Deliver monthly management accounts on schedule and prepare for audits.
• Maintain VAT, payroll taxes and customs compliance; oversee the accounting team.

Education

CA(SA) / CIMA (CGMA) / SAIPA

Degree in accounting or finance

Tools

Investment

Sage

SYSPRO

Job description

Our client in the Manufacturing and Engineering Industry is seeking to employ a Financial Manager / Senior Financial Accountant to join their team based in Benoni, Gauteng.

Exciting Opportunity:

Join a dynamic and forward-thinking team where your skills will make an immediate impact and your career can thrive.

Requirements:

• CA(SA), CIMA (CGMA) or SAIPA professional accountant; CIMA is a strong advantage given the costing focus.
• A degree in accounting or finance.
• At least 5 years in a senior finance role (financial manager, senior financial accountant or cost accountant) in a manufacturing business.
• Exposure to trade finance, customs duty drawback or export VAT.
• Exposure to brewery or food-grade stainless steel equipment.
• Job costing in a project-based, make-to-order or engineer-to-order environment; metal fabrication, engineering or process equipment preferred.
• Inventory and WIP valuation, stock counts and stock reconciliations.
• Imported materials, landed costs and foreign currency transactions.
• Producing month-end management accounts and managing an audit.
• Managing at least one direct report.
• Standard and actual costing, overhead absorption and variance analysis.
• IFRS for SMEs or full IFRS, including IAS 2 inventory and IFRS 15 revenue from contracts.
• Experience with a mid-market ERP (Investment, Sage, SYSPRO or similar), ideally including a costing or manufacturing module.

Responsibilities:

• Own the job costing model across all projects: material, labour, subcontract and overhead allocation per job.
• Set and maintain labour and overhead recovery rates, and review them against actuals.
• Compare quoted cost and margin with actual cost per project.
• Explain variances to the MD and the project team.
• Work with Sales and Projects on cost estimates so quotes reflect real cost.
• Track buy-outs and supplier costs against project budgets as projects progress.
• Value raw materials, WIP and finished goods accurately at each month-end.
• Run stock counts and investigate variances.
• Keep the stock ledger reconciled to the general ledger.
• Manage imported stock costing, including landed cost (freight, duty, clearing) and foreign exchange.
• Deliver the monthly management accounts to an agreed timetable, including project margin reporting.
• Keep balance sheet reconciliations current; clear suspense and control accounts monthly.
• Apply revenue recognition policy consistently at project level.
• Prepare for and manage the annual audit.
• Maintain purchase, payment and stock controls appropriate to a growing manufacturer.
• Oversee VAT, payroll taxes and customs compliance, including duty drawback claims.
• Maintain the weekly rolling cash flow forecast.
• Manage trade finance drawdowns and settlements and the facility's borrowing base reporting.
• Own the finance and costing modules in Investment after go-live; drive process improvement and data accuracy.
• Manage, develop and review the work of the Accountant.

Please note that if you do not receive a response within 2 weeks, your application has been unsuccessful.