Management Accountant

Hire Resolve; Durban; On-site; ZAR 650,000 - 850,000; Full time

Job summary

A leading organization in the chemical processing sector is seeking an experienced Management Accountant to drive financial insights and optimize costing models. The ideal candidate will possess a relevant degree, along with 3-5 years of experience in a manufacturing environment. Responsibilities include month-end reporting, variance analysis, and inventory management. This is an opportunity to make impactful contributions in a high-volume production setting based in Durban, South Africa.

Qualifications

• Minimum of 3–5 years’ experience in a similar role within a manufacturing, chemical, or process-driven industry.
• Strong hands-on experience in standard costing and variance analysis.

Responsibilities

• Take full ownership of the standard costing model, including annual recalculations and roll-ups.
• Lead month-end reporting procedures, ensuring accuracy of journals related to production.
• Identify opportunities for process automation in the ERP system.

Skills

Advanced proficiency in MS Excel

Strong hands-on experience in inventory management

Problem-solving skills

Deadline-driven mentality

Ability to work independently

Education

Relevant B.Com Degree in Accounting or Management Accounting (CIMA/Honours preferred)

Tools

Sage X3 or similar ERP systems

Job description

A leading organization in the chemical processing sector is seeking a Management Accountant to join their finance team. This is a critical role focused on driving financial insight, optimizing standard costing models, and providing the data-driven support necessary for strategic decision-making in a high-volume production setting.

Key Responsibilities

Costing & Inventory Control

• Standard Costing: Take full ownership of the standard costing model, including annual recalculations and roll-ups across all Bills of Materials (BOMs).
• Variance Analysis: Review and analyze material, labor, and overhead variances, ensuring alignment with the General Ledger.
• Inventory Management: Perform monthly reconciliations between the GL and sub-ledgers; coordinate and report on quarterly national stock counts.
• BOM Accuracy: Verify Bill of Materials (BOM) recoveries to ensure precise cost allocation and setup for new products.

Financial Reporting & Analysis

• Month-End: Lead month-end reporting procedures, ensuring all journals related to production, inventory, and COGS are accurate and posted timeously.
• Management Packs: Prepare comprehensive monthly management reports and financial analysis to support operational leadership.
• Cost Saving: Analyze non-conformance costs and surplus stock provisions to identify root causes and cost-saving opportunities.

Systems & Process Improvement

• ERP Optimization: Identify opportunities for process automation and potentially lead upgrades to the manufacturing modules within the ERP system (Sage X3 experience is a plus).
• Data Integrity: Monitor Goods Received Voucher (GRV) reports and Master Data to ensure absolute accuracy in financial records.

Minimum Requirements

Qualifications & Experience

• Education: Relevant B.Com Degree in Accounting or Management Accounting (CIMA/Honours preferred).
• Experience: Minimum of 3–5 years’ experience in a similar role within a manufacturing, chemical, or process-driven industry.
• Technical Expertise: Strong hands-on experience in inventory management, standard costing, and variance analysis.

Technical Skills

• Systems: Advanced proficiency in MS Excel is essential.
• ERP: Proven experience with manufacturing ERP systems (Knowledge of Sage X3 or similar is highly advantageous).
• Competencies: Exceptional problem-solving skills, deadline-driven, and the ability to work independently in a fast-paced environment.