Management Accountant

Ntice Sourcing Solutions; Durban; On-site; ZAR 600,000 - 750,000; Full time

Job summary

A leading manufacturing client seeks a Senior Cost and Management Accountant to handle BOM costing, stock control, and financial reporting. The role demands strong analytical skills and a CIMA qualification, with responsibilities including process improvement and operational support. Candidates with a minimum of 5 years’ experience in large manufacturing environments are encouraged to apply.

Qualifications

• Minimum 5 years in a large manufacturing plant.
• Strong operational and stock control experience.
• Proficient in Syspro ERP.

Responsibilities

• Manage BOM costing function and analyze variances.
• Support operational activities on the production floor.
• Conduct margin analyses and ensure pricing stability.

Skills

Operational and stock control experience

Costing and variance analysis expertise

Education

CIMA qualified

Tools

Syspro ERP

Job description

No job description added

Our leading manufacturing client in the upper highway area is lookiing for a senior Cost and Management Accountant to report directly through to the Financial Manager.

BOM Costing and Analysis

• Manage the costing function for all new Bill of Materials (BOMs).
• Continuously analyze and verify current BOM costings in line with recipe changes and raw material availability.
• Report on BOM adherence and the impact on cost of sales, including identifying actions to reduce substitution costs.

WIP and Floor Operations

• Investigate Work-In-Progress (WIP) variances to identify BOM deviations and measure their effect on cost of sales.
• Provide operational support on the production floor to ensure recipe adherence, BOM accuracy, and consistency in kit issuing.
• Conduct physical testing and verification of inputs and BOM costing directly on the production floor.

Process Improvement and Controls

• Implement process improvements to reduce kit issue failures and ensure BOM accuracy.
• Maintain and enhance internal controls and Standard Operating Procedures (SOPs).
• Track factory performance against technical KPIs and develop production efficiency and value-add metrics.

Margin Analysis and Pricing

• Compile and review daily margin analyses, including channel service costs, to ensure pricing stability and contract margin adherence.
• Provide daily exception reporting to Sales and Production teams.
• Manage customer growth incentive calculations and monthly provisions.

Project and System Support

• Support Management Accounting (Man Acc) projects during scoping, testing, implementation, and post-project reviews.
• Provide operational and floor-based insights to improve systems and production knowledge.

Labour and Overhead Costing

• Maintain and improve labor and overhead costings on Syspro.
• Monitor and report on over/under-recoveries monthly, identifying inefficiencies and productivity opportunities.
• Lead implementation of overhead allocations, including department- and product-specific breakdowns.

Standard Cost and Price Variance (PPV) Reporting

• Backup support for raw material price uploads (weekly ZBC and monthly standard costs).
• Investigate and report on daily/monthly PPVs and standard cost variances.
• Recommend standard cost adjustments when PPVs are exceptional.

Stock Management

• Monitor internal stock movements and warehouse stock controls affecting Cost of Sales (COS).
• Support and facilitate month-end stock takes, including weekend activities.
• Perform stock and WIP variance analysis as needed.

General Reporting

• Conduct ad hoc reporting and analysis upon request.

Key Relationships

Internal:

• CFO, Financial Manager, Finance Team, Production Management, Plant Employees

External:

• External Auditors

Required Skills and Experience

• Qualification: CIMA qualified
• Experience: Minimum 5 years in a large manufacturing plant
• Systems: Proficient in Syspro ERP
• Specialized Knowledge:


• Strong operational and stock control experience
• Costing and variance analysis expertise