Management Accountant

Tower Group South Africa (PTY) Ltd; KwaZulu-Natal; On-site; ZAR 500,000 - 800,000; Full time

Job summary

A leader in the steel fabrication industry is seeking an experienced Management Accountant based in Cato Ridge. The ideal candidate will have a Bachelor's degree in Accounting or Finance, with CA (SA) or CIMA preferred, as well as 5-7 years of manufacturing experience. Responsibilities include preparing management reports, analyzing performance, and overseeing financial processes. Strong analytical and team management skills are essential for this role.

Qualifications

• 5-7 years of experience in a manufacturing environment as a Management Accountant.
• Good understanding of IFRS standards and tax legislation.
• Advance level proficiency in Microsoft Office (Excel, Word, PowerPoint).

Responsibilities

• Preparation and timely reporting of various management reports.
• Analysis of company performance and books of accounts.
• Oversee month-end and year-end closing processes.

Skills

Team management

Analytical skills

Communication

Problem-solving

Education

Bachelor's degree in Accounting, Finance, or a related field

CA (SA) or CIMA qualification

Tools

SAP S4 Hana

Microsoft Office

Job description

Our client, a leader in the steel fabrication industry is seeking an experienced Management Accountant to join their team based in Cato Ridge.

MINIMUM REQUIREMENTS

• Bachelor's degree in Accounting, Finance, or a related field;
• CA (SA) or CIMA qualification is advantageous.
• Proven experience of at least 5-7 years in a manufacturing environment as a Management Accountant or in a similar financial role; proven ability to manage teams, build relationships, work collaboratively with cross-functional teams, influence others, and lead initiatives
• The ability to work with SAP S4 Hana.
• Good understanding of Accounting standards (IFRS) and tax legislations.
• Advance level proficiency in Microsoft Office (Excel, Word, PowerPoint) is a MUST
• Strong analytical and communication skills.
• Sound problem-solving skills.

MAIN JOB FUNCTIONS

• Preparation and timely reporting of various management reports
• Analysis of Company performance, books of accounts and highlighting control gaps, if any
• Identifying and report on areas of improvement in terms of processes, book keeping
• Oversee month-end and year-end closing processes, including journal entries, accruals, and reconciliations.
• Liaise with managerial staff and other colleagues in order for smooth and timely availability of inputs required for management reports
• Prepare relevant input schedules in support of management reports, accurately and timely.
• Prepare and analyze input-output stock reconciliation; liaise with other production heads for reasons of yield and other variances
• Analyze inventory and debtors ageing reports and report on risk areas
• Conduct detailed financial analysis, cost assessments, and variance analysis to identify opportunities for operational improvement and enhanced profitability.
• Analyze fixed costs against budget and report on variances
• Supervise direct reportee’s and ensure timely and accurate inputs are available from them
• Assist in the preparation of annual budgets, long-term financial plans, and financial projections.
• Provide support in internal and external audits, ensuring documentation and explanations are readily available.
• Prepare and report Capex spending, keep track of project costs against budgets, escalate likely deviation to management in time
• Collaborate with cross-functional teams to develop and implement financial strategies, budgets, and forecasts that align with the company's objectives.
• Monitor and maintain compliance with financial regulations, accounting standards, and relevant laws.
• Streamline processes to enhance accuracy, and optimize efficiency.