Management Accountant - Costing & Budgeting Focus

Placements24; Pretoria; Hybrid; ZAR 700,000 - 1,200,000; Full time

Benefits offered by this job

Competitive salary package

Hybrid work arrangement

Professional development opportunities

Medical aid

Pension fund

Job summary

Placements24 in Pretoria, Gauteng is seeking an experienced Management Accountant focused on costing and budgeting to drive operational efficiency and strategic planning. The role supports a hybrid office setup with in-person collaboration and remote work.

The ideal candidate has a minimum of 5 years in management accounting, strong ERP/Excel skills, and a solid understanding of manufacturing costing principles. Join a progressive finance team.

Qualifications

• Bachelor's degree in Accounting/Management Accounting or related field.
• CIMA or ACCA is highly desirable.
• Minimum 5 years in management accounting with costing and budgeting.
• Strong understanding of manufacturing costing principles.
• Proficiency in accounting software and advanced Excel.
• Experience with ERP systems like SAP or Oracle is a plus.
• Excellent analytical and problem-solving abilities.
• Effective communication and interpersonal skills.
• Experience in hybrid office setups.
• Detail-oriented with strong deadlines.

Responsibilities

• Develop, implement, and maintain costing systems and methodologies.
• Prepare detailed budgets and forecasts with departmental managers.
• Analyse budget variances, identifying root causes and corrective actions.
• Prepare monthly management accounts, including profitability analysis.
• Conduct variance analysis on actual costs vs budgeted costs.
• Develop and track KPIs for operational and financial performance.
• Assist in pricing strategies by providing cost data and analysis.
• Contribute to continuous improvement of management accounting processes.
• Support financial modelling and scenario planning.
• Reconcile relevant general ledger accounts and ensure data accuracy.

Skills

Costing and budgeting

Manufacturing costing

Advanced Excel

Financial analysis

Communication

Interpersonal skills

Education

Bachelor's degree in Accounting/Management Accounting

CIMA/ACCA desirable

Tools

SAP

Oracle

Job description

About the Role

Our client, a prominent manufacturing firm based in Pretoria, Gauteng, is seeking an experienced Management Accountant with a strong focus on costing and budgeting. This role is integral to providing critical financial insights that drive operational efficiency and strategic planning. As part of a progressive finance department, you will contribute significantly to financial analysis, performance monitoring, and budget management. The position operates on a hybrid model, allowing for a balance between in-office collaboration in Pretoria and the flexibility of remote work, supporting employee well-being and productivity. This is an excellent opportunity to leverage your expertise in a challenging and rewarding industrial environment.

Key Responsibilities

• Develop, implement, and maintain costing systems and methodologies.
• Prepare detailed budgets and forecasts, working collaboratively with departmental managers across the organisation.
• Analyse budget variances, identifying root causes and recommending corrective actions.
• Prepare monthly management accounts, including profitability analysis and performance reports.
• Conduct variance analysis on actual costs versus standard/budgeted costs, providing explanations and insights.
• Develop and track key performance indicators (KPIs) for operational and financial performance.
• Assist in pricing strategies by providing accurate cost data and analysis.
• Contribute to the continuous improvement of management accounting processes and systems.
• Support financial modelling and scenario planning for strategic initiatives.
• Reconcile relevant general ledger accounts and ensure accuracy of financial data.

Requirements

• Bachelor's degree in Accounting, Management Accounting, or a related field.
• Professional qualification such as CIMA or ACCA is highly desirable.
• Minimum of 5 years of experience in management accounting, with a proven track record in costing and budgeting.
• Strong understanding of manufacturing costing principles and practices.
• Proficiency in accounting software and advanced Excel skills are essential.
• Experience with ERP systems like SAP or Oracle is a plus.
• Excellent analytical and problem-solving abilities.
• Effective communication and interpersonal skills, with the ability to liaise with various levels of management.
• Experience working within a hybrid office setup.
• Detail-oriented with a strong commitment to accuracy and deadlines.
• Ability to work independently and as part of a team.

Benefits

• Competitive salary package tailored to experience.
• A supportive team environment fostering professional growth.
• Opportunity to influence strategic decision-making through financial insights.
• Comprehensive medical aid and retirement fund benefits.
• Generous annual leave and public holiday benefits.
• A flexible hybrid working arrangement.
• Ongoing professional development opportunities.