Management Accountant

Staff Unlimited Recruitment; Pinetown; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A recruitment agency is seeking a Management Accountant to support a client in the manufacturing industry. Responsibilities include processing journal entries, assisting with month-end reporting, reconciling inventories, analyzing variances, managing stock and product codes, and owning the standard costing model. Candidates must have a relevant BCom degree in Accounting or Management Accounting and at least 3 years of experience in a similar role within a manufacturing or chemical process environment. Apply directly to be considered.

Qualifications

• Minimum 3 years in a similar manufacturing role or Chemical/Process industry.
• Experience in processing journal entries related to production and inventory.

Responsibilities

• Process accurate Journal Entries for production and inventory.
• Assist with Month-End Reporting and deadlines.
• Perform monthly Reconciliation of Inventory.
• Review and analyse Variances against the General Ledger.
• Check and verify Bill of Materials Recoveries.
• Analyse Non-Conformance Costs for cost-saving opportunities.
• Prepare the Surplus Stock Provision.
• Coordinate quarterly stock counts and report variances.
• Review and approve New Product Codes Creation.
• Review Goods Received Voucher Reports for errors.
• Own the standard costing model and refine for accuracy.

Skills

Journal Entries Processing

Month-End Reporting

Monthly Reconciliation

Variance Analysis

Cost Allocation

Cost-Saving Analysis

Stock Management

Product Code Review

Education

Relevant BCom degree in Accounting/Management Accounting

Job description

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

Duties and 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

Should you wish to be considered for this opportunity, please apply directly to the advertisement. Should you not hear back from us within 2 weeks of application; kindly consider your application as unsuccessful.