Management Accountant

SAFAL Group; Durban; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A manufacturing company in Durban is seeking a Management Accountant responsible for the generation of accurate financial reports and supporting strategic decision-making. This role requires a Bachelor's degree in Finance and significant experience in management accounting. Key duties include conducting financial analysis, ensuring ERP integrity, and collaborating across departments. The ideal candidate has a professional registration (CA(SA) or CIMA) and at least 10 years of relevant experience in a managerial capacity. Competitive salary based on market.

Qualifications

• Minimum 15 years of general work experience.
• At least 10 years of specific experience relevant to the position.
• Experience required at a managerial level.

Responsibilities

• Generate and produce accurate management reports.
• Manage financial management accounts and reports.
• Conduct financial analysis to guide decision-making.
• Collaborate with teams for budget preparation.
• Ensure ERP system accuracy and compliance.

Skills

Accounting Software

Account Analysis

QuickBooks

Accounting

IFRS

Asset Management

Business Management

Cash Management

Sage

Microsoft Excel

E-Commerce

Systems Analysis

Education

Bachelor's degree in Commerce, Finance, Accounting, or Equivalent

CA(SA) or CIMA registration

Job description

Main purpose of the position

Responsible for generation and production of accurate and timely management reports annual financial statements and budgets. Analyse key financial information to optimize financial planning assist management with financial decision‑making and help develop and implement strategies to reduce businesses operational and production costs.

Key responsibilities

Management Accounting and Reporting

• Provide accurate and timely financial management accounts reports balance sheet cash flow statement and others finance reports within agreed timelines.
• Reviewing of monthly Flash to ensure accuracy reports with commentaries
• Review product pricing to ensure accuracy.
• Review management reports and analysis of key trends.
• Participate in all reviews of organisational financial performance and take actions for improvement where necessary.
• Conducting in‑depth financial analysis to guide decision‑making processes including cost and variance analysis.
• Assisting in the development and execution of financial strategies to support the companys growth objectives.
• Reviewing and analysing cost reports for all plants
• Working closely with the plant controllers to ensure accurate and effective cost accounting systems.
• Liaising with other departments to understand and control production costs through monthly cost reviews.
• Manage monthly forecasting process to ensure submission of timely and accurate profit/loss forecasts including commentary provision.
• Coordinate with HODs for timely Preparation of Board pack Quarterly review pack and other reports as and when required.
• Support finance head for other financial decision‑making matters.
• Regularly conduct meetings with plant controllers for financial improvements
• Assisting with the audit preparation work to allow for timely completion of the annual financial statements and corporation tax returns.

Budgetary & Controls

• Timely and accurate preparation of annual -ordination with other Finance Team on timely provision of data for budget preparation
• Monthly analysis of actual and budgeted costs
• Collaborating with cross-functional teams to develop financial forecasts and Annual business plans.
• Liaise closely with budget owners to provide a comprehensive accounting support service including the provision of financial information analysis to budget owners and review of business cases.
• Analyse variances and explore potential problems with budget owners making recommendations and executing those recommendations.
• Identifying opportunities for cost control and efficiency improvements to contribute to the companys profitability.

ERP System Integrity and Audit Responsibilities

• Ensure the accuracy completeness and timeliness of financial data within the ERP system (e.g. SAP).
• Collaborate with the relevant Enterprise Business Analyst and finance teams to maintain robust internal controls within the ERP environment.
• Identify and resolve discrepancies or anomalies in ERP-generated reports and financial records.
• Participate as required in ERP upgrades and testing to ensure alignment with financial reporting requirements.
• Provide training and support to finance users on ERP functionalities and best practices.
• Ensure ERP system processes comply with internal controls and audit requirements.
• Identify and document ERP system risks and recommend mitigation strategies.
• Conduct periodic audits of ERP data to ensure consistency accuracy and compliance with financial policies.
• Collaborate with IT and compliance teams to address audit findings and implement corrective actions.

Duties and Safeguard Applications

• Prepare data request and attend to all queries resulting therefrom timeously
• Attend ITAC reviews of data request

Statutory Data Requests

• Completion of statutory data requests from Statistics SA or other related government departments

Technical advice to departments

• To provide required information / reports to other departments as and when necessary
• Provide proactive financial advice to management / finance team and budget owners actively promoting improved financial awareness.
• Ensure compliance with financial procedures and to ensure a sound system of financial controls.

Requirements

Qualifications required

Minimum academic qualification : Bachelors degree in commerce Finance Accounting or Equivalent

Professional registration : CA(SA) or CIMA

Experience required

General work experience (years) : 15 years

Specific to the position (level / discipline / years) : 10 years

Industry: Manufacturing

Work Level: Mid‑Level

Job Type: Permanent

Salary: Market Related

EE Position: No

Location: Durban

Required Experience: Manager

Key Skills

Accounting Software,Account Analysis,QuickBooks,Accounting,IFRS,Asset Management,Business Management,Cash Management,Sage,Microsoft Excel,E‑Commerce,Systems Analysis

Employment Type: Full‑Time

Experience: years

Vacancy: 1