Management Accountant

Red Ember Recruitment; Cape Town; On-site; ZAR 500,000 - 700,000; Full time

Job summary

A recruitment agency is seeking a Management Accountant for a client in Cape Town. The role involves managing the full financial function, enhancing financial reporting, and assisting in the development of financial policies. The ideal candidate should have a BCompt degree and at least 5 years of experience in finance, ideally within the manufacturing sector.

Qualifications

• 5 or more years' post SAICA articles financial experience (preferably in manufacturing).

Responsibilities

• Manage the full financial function in the company.
• Communicates financial results to management monthly.
• Assist in developing and implementing financial policies.

Skills

Financial reporting

Budget management

Cost analysis

Leadership

Liquidity management

Education

BCompt (Management Accounting)

Tools

SAP

Job description

Job Description
Red Ember Recruitment is recruiting for Management Accountant for our client in Cape Town. The Management Accountant will manage the full financial function in the company. Communicates financial results to management monthly to enable the appraisal of the organisation's actual performance against targets. Assist with developing, implementing, and modifying financial policies and practices.

Requirements

• Timeous reporting of the results to key stakeholders including the Shareholders and Holding company in Germany;
• Review and monitor Debtors, Creditors, Cost of sales.
• Report back on Departmental Expenses vs Budgets and Inventory.
• Prepare, upload, and maintain annual budgets in SAP
• Liquidity Management: Daily report on actual balance of accounts vs previous day and (Monthly, Quarterly, Yearly Liquidity Target).
• Review and analyse manufacturing cost: overheads, labour, and materials in line with standard costing.
• Ensure that internal capex forms are completed for all additions and documentation kept in order.
• Maintain asset register on ERP system and adhoc and annual count of physical vs theoretical.
• Maintain asset register on Inventory and adhoc and annual count of physical vs theoretical.
• Provide leadership and guidance to the finance team to deliver efficient customer service to internal and external users of financial information.
• Execute relevant ad-hoc projects/ tasks including Head office requests.
• SAP Queries and investigations (Saving Cost as doing things internally where able)
• Finalising TB together with GL recons
• Tax queries and calculations including deferred taxation
• Financial Audit and queries, liaising with auditors
• Any additional ad hoc reporting
• Cost Saving Initiatives (Initiate)
• Employee Welfare (Leave calculations, training discussions)
• Releasing payments and loading salaries
• Management Review preparations and meetings
• Ensure continuous development on accounting standards
• Monthly forecasting of profit and loss (EBIT)

Formal schooling / degree:

• BCompt (Management Accounting)

Experience:

• 5 or more years' post SAICA articles financial experience (preferably in manufacturing).