Management Accountant
Job description
Our client is seeking a Management Accountant for their team in Port Elizabeth.
Requirements:
- Cost Accountant / Financial Manager Experience
- Experience in Excel & Pastel
- 4-5 years Experience
About:
- Cost Accounting & Analysis
- Tracking direct and indirect costs
- Calculating cost of goods manufactured (COGM) and cost of goods sold (COGS)
- Implementing standard costing and analysing variances (material, labour, overhead)
- Conducting profitability analysis by product, department, or customer
- Budgeting & Forecasting
- Preparing financial projections
- Monitoring actual vs. budgeted performance
- Assisting in capital expenditure planning for new machinery or expansions
- Inventory & Supply Chain Management
- Managing raw materials, work-in-progress (WIP), and finished goods
- Implementing inventory control methods like FIFO, LIFO, or weighted average
- Collaborating with procurement to optimize material usage and supplier contracts
- Generating management reports on profitability, cost trends, and efficiency metrics
- Ensuring compliance with regulations and tax laws
- Supporting audits by providing accurate costing and financial data
- Operational Performance Monitoring
- Developing KPIs for production efficiency, scrap rates, and machine utilization
- Analysing the financial impact of downtime, waste, and production bottlenecks
- Supporting lean manufacturing and continuous improvement initiatives
- ERP & Systems Integration
- Assisting in ERP system implementation and ensuring accurate cost tracking
- Developing systems for financial and operational insights
- Automating reports to improve decision-making efficiency
- Decision Support & Strategic Planning
- Performing break-even analysis and pricing strategy evaluations
- Supporting make-or-buy decisions for outsourcing vs. in-house production