Management Accountant

HR Talent Partner SA; Somerset West; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading manufacturing company in Somerset West is looking for a Management Accountant to provide strategic financial leadership. The role involves budgeting, performance analysis, and compliance oversight. The ideal candidate has experience in manufacturing finance and is proficient in ERP systems. Internal career advancement opportunities and a competitive salary are offered.

Benefits

Internal career advancement opportunities

Excellent salary on offer

Qualifications

• 3 to 5 years of experience in financial analysis and budgeting.
• Completion of Articles with a recognized accounting body.
• Proficiency in ERP and financial systems for reporting.

Responsibilities

• Collaborate with department heads for financial decisions.
• Assist with budgeting cycle and track variances.
• Evaluate capital expenditures and funding strategies.

Skills

Financial analysis

Budget preparation

Cost optimisation

Operational efficiency

Education

BCom Management Accounting (CIMA) or similar

Tools

SAP

Oracle

Job description

Management Accountant job vacancy in Somerset West.

A renowned Manufacturing Engineering company is looking for a Management Accountant to join their team on a full-time permanent basis in the Helderberg Area.

Excellent salary on offer and internal career advancement opportunities.

Position Overview

Provide strategic financial leadership and analytical support that drives business performance, ensures compliance, and optimises operational efficiency across the organisation.

Requirements

• 3 to 5 years of experience preparing budgets, forecasts, and financial models to support business decisions.
• Completion of Articles (SAICA, SAIPA, or CIMA) with a recognised accounting body.
• Exposure to coordinating with auditors and ensuring adherence to financial regulations and internal policies.
• Hands‑on experience tracking budget performance, analysing variances, and recommending corrective actions.
• Proficiency in using ERP and financial systems (e.g., SAP, Oracle, or similar) for reporting and control, with some involvement in system improvements.
• Experience compiling and analysing financial reports, dashboards, and key metrics to assess business unit performance.
• Participation in streamlining financial workflows or implementing more efficient reporting practices.

Required Qualifications

• BCom Management Accounting (CIMA) or similar

Recommendations

• Experience in Manufacturing Finance: Familiarity with cost accounting, inventory valuation, and production variance analysis.
• Knowledge of Standard Costing and Bill of Materials (BOM): Understanding how standard costs are developed and used in manufacturing operations.
• Exposure to Lean Manufacturing or Continuous Improvement Initiatives: Involvement in cost saving projects, process optimisation, or lean finance practices.
• ERP Systems in Manufacturing Contexts: Experience with manufacturing‑focused ERP systems (e.g., SAP PP/MM, Oracle Manufacturing, Syspro).
• Operational Performance Metrics: Understanding of manufacturing KPIs such as OEE (Overall Equipment Effectiveness), yield, scrap rates, and throughput.
• Inventory and Supply Chain Finance: Experience in managing and analysing inventory levels, working capital, and supply chain cost drivers.
• Capex Project Evaluation in Industrial Settings: Exposure to evaluating capital investments in machinery, plant upgrades, or automation projects.

Special requirement(s)

• Willingness to work overtime.
• Willingness to travel overseas.

Duties and Responsibilities

• Business Partnering: Collaborate with department heads to guide financial decisions and improve performance.
• Scenario Planning and Forecasting: Model financial outcomes under various business conditions to support strategic choices.
• Investment Analysis: Evaluate capital expenditures, ROI, and funding strategies.
• Audit Coordination: Liaise with external auditors, ensuring readiness and transparency.
• Budget Preparation and Monitoring: Assist with the budgeting cycle, track variances, and recommend corrective actions.
• Cost Optimisation: Identify inefficiencies and drive initiatives to reduce operational costs.
• Internal Controls: implement financial controls to safeguard assets and prevent fraud.
• ERP and Financial Systems Oversight: Ensure systems are optimised for reporting and control.
• Process Improvement: Streamline financial workflows for efficiency and accuracy.
• Performance Analysis: Track KPIs, profitability, and cost drivers across business units.
• Risk Management: Identify financial risks and propose mitigation strategies.
• Project Evaluation: Support feasibility studies and post‑implementation reviews for strategic initiatives.

Applying for Position

• Only open to South African citizens.
• If you are interested in this great career opportunity, please send us your CV with position title as reference.