Management Accountant

Staff Unlimited Recruitment; Pinetown; On-site; ZAR 400,000 - 600,000; Full time

Job summary

Staff Unlimited Recruitment is seeking a Management Accountant for their client in the manufacturing industry located in New Germany, KwaZulu-Natal. The candidate will play a key role in processing journal entries, assisting with month-end reporting, and conducting inventory reconciliations.

The ideal candidate should have a relevant BCom degree and at least 3 years of experience in a manufacturing role. This permanent position offers an opportunity to manage and refine costing models within a dynamic team environment.

Qualifications

• Relevant BCom degree in Accounting/Management Accounting.
• Minimum 3 years in a similar manufacturing role or Chemical/Process industry.

Responsibilities

• Processing necessary and accurate Journal Entries related to production.
• Assist with Month-End Reporting procedures.
• Reviewing and approving New Product Codes Creation.
• Take ownership of the entire standard costing model.

Skills

Journal Entries processing

Variance analysis

Inventory reconciliation

Cost-saving opportunity analysis

Education

BCom degree in Accounting/Management Accounting

Job description

Overview

Management Accountant — Our client in the Manufacturing Industry is looking for a Management Accountant to join their Team.

Job Location: New Germany

Job Type: Permanent

Responsibilities

• Processing of necessary and accurate Journal Entries related to production, inventory, and cost of goods sold
• Assist with Month-End Reporting procedures and deadlines
• Performing monthly Reconciliation of Inventory between the General Ledger (GL) and the subledger, investigating and resolving discrepancies
• Reviewing and analysing Variances (material, labour, overhead, purchase price, etc.) and ensuring they agree to the General Ledger
• Checking and verifying Bill of Materials (BOM) Recoveries to ensure accurate cost allocation
• Analysing Non-Conformance Costs to identify root causes and potential cost-saving opportunities
• Calculating and preparing the Surplus Stock Provision (specifically for Composites and Non-Conforming Stock in the SA region)
• Co-ordinating the stock quarterly stock counts with the various national locations and reporting on the variances in the feedback sessions
• Reviewing and approving New Product Codes Creation and approvals for the Composites division to ensure accurate classification and costing setup
• Reviewing Goods Received Voucher (GRV) Reports to identify possible errors, ensuring timely and correct corrections are made to inventory records
• Take ownership of the entire standard costing model, continuously reviewing and refining it for accuracy and predictive capability. This includes annual recalculation and roll-up of standard costs across all Bill of Materials (BOMs)

Minimum Requirements

• Relevant BCom degree in Accounting/Management Accounting
• Minimum3 years in a similar manufacturing role or Chemical/Process industry