Management Accountant

Placements24; Paarl; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Provident fund

Professional development

Work-life balance

Employee discounts

Wine industry exposure

Job summary

Placements24 in Paarl, Western Cape, is seeking a skilled Management Accountant to strengthen its finance team. The role focuses on management information, budgeting, forecasting, cost accounting, and performance analysis to drive profitability.

You will prepare monthly management accounts, develop financial models, and support strategic planning while collaborating with operations and senior management in a dynamic wine production environment.

Qualifications

• Bachelor's degree in Accounting or Finance required.
• CIMA/CA(SA)/ACCA qualification advantageous.
• 4–6 years in management accounting or financial analysis roles.
• Proven budgeting, forecasting and cost accounting experience.
• Proficient with Pastel or SAP Business One and advanced Excel.

Responsibilities

• Lead budgeting, forecasting, and financial planning processes.
• Develop and analyze monthly management accounts with insights into variances.
• Manage and improve cost accounting systems for product costing.
• Prepare financial reports for senior management highlighting KPIs and trends.
• Conduct variance analysis and propose cost reduction and efficiency improvements.
• Assist in internal controls to safeguard assets.
• Support operational managers with financial data for decision-making.
• Oversee accounts payable/receivable as needed.
• Collaborate with external auditors during audits.
• Contribute to strategic planning with relevant financial data.
• Maintain and enhance financial models for business analysis.

Skills

Analytical thinking

Problem solving

Excel skills

Communication

Independence

Education

Bachelor's degree in Accounting or Finance

CIMA/CA(SA)/ACCA preferred

Tools

Pastel

SAP Business One

Job description

About the Role

Our client, a well-established wine producer in the picturesque Paarl, Western Cape, is seeking a skilled Management Accountant to bolster their finance team. This vital role will focus on providing essential management information, supporting strategic planning, and enhancing operational efficiency through detailed financial analysis and reporting. You will be responsible for budgeting, forecasting, cost accounting, and performance management, ensuring the company maintains its competitive edge and profitability. The ideal candidate will possess strong analytical capabilities, excellent communication skills, and a keen understanding of business operations. This is an excellent opportunity to join a respected brand in the heart of the Cape Winelands and contribute significantly to its ongoing success. We pride ourselves on a supportive and professional atmosphere.

Key Responsibilities

• Lead the budgeting, forecasting, and financial planning processes for the company.
• Develop and analyze monthly management accounts, providing insights into variances and performance drivers.
• Manage and improve cost accounting systems and methodologies to ensure accurate product costing.
• Prepare financial reports and presentations for senior management, highlighting key performance indicators (KPIs) and trends.
• Conduct variance analysis and provide recommendations for cost reduction and efficiency improvements.
• Assist in the development and implementation of internal controls to safeguard company assets.
• Support operational managers with financial data and analysis to aid decision-making.
• Oversee accounts payable and receivable functions as required, ensuring smooth financial operations.
• Collaborate with the external audit team during financial audits.
• Contribute to strategic planning initiatives by providing relevant financial data and insights.
• Maintain and enhance financial models to support business analysis.

Requirements

• A Bachelor's degree in Accounting or Finance is required.
• A professional qualification such as CIMA, CA(SA), or ACCA is highly advantageous.
• A minimum of 4-6 years of experience in management accounting or financial analysis roles.
• Proven experience in budgeting, forecasting, and cost accounting.
• Strong analytical and problem-solving skills, with excellent attention to detail.
• Proficiency in accounting software (e.g., Pastel, SAP Business One) and advanced Excel skills.
• Excellent communication and interpersonal skills, with the ability to interact effectively with all levels of staff.
• Understanding of inventory management and agricultural cost structures would be beneficial.
• Ability to work independently and meet deadlines in a dynamic environment.
• Proactive attitude and a commitment to continuous improvement.

Benefits

• Competitive salary package and potential for performance-related bonuses.
• Medical aid and provident fund contributions.
• Opportunities for professional development and further qualifications.
• A stable and supportive working environment within a reputable company.
• Exposure to the unique business dynamics of the wine industry.
• Beautiful work location in Paarl, Western Cape.
• Employee discounts on company products.
• A strong focus on work-life balance.