Plant Accountant - Manufacturing Plant

Progressive International - Global Recruitment #miningjobs #engineeringjobs #Remotejobs #financejobs; Germiston; On-site; ZAR 300 000 - 600 000; Full time

Job summary

An established industry player is seeking a proactive Factory Accountant to oversee financial operations in a dynamic manufacturing environment. This role is pivotal in managing cost accounting, ensuring accurate financial reporting, and supporting operational efficiency. You will collaborate closely with production and procurement teams, providing valuable insights to drive decision-making. With a focus on process improvement, you will implement best practices and contribute to the overall success of the facility. If you possess strong technical accounting skills and thrive in a fast-paced setting, this opportunity is perfect for you.

Qualifications

• 3-5 years of accounting experience, preferably in manufacturing.
• Strong technical accounting skills and experience in cost accounting.

Responsibilities

• Manage cost accounting, financial reporting, and inventory management.
• Ensure compliance with statutory requirements and enhance internal controls.

Skills

Cost Accounting

Financial Reporting

Inventory Management

Analytical Skills

Communication Skills

Organizational Skills

Adaptability

Education

Bachelor's Honors degree in Accounting

CIMA qualification

Tools

SAP

Oracle

MS Excel

Job description

Job Summary: As the Factory Accountant, plant accountant, Cost Accountant, you will be responsible for managing and overseeing the financial operations of our manufacturing facility. This role requires a proactive professional with strong technical accounting skills and experience in a manufacturing environment. The Factory Accountant will ensure accurate cost allocation, budget monitoring, and financial reporting, thereby supporting effective decision-making and operational efficiency at the factory level.

Key Responsibilities:

1. Cost Accounting & Analysis:
   
   • Oversee and manage all aspects of cost accounting, including material, labor, and overhead costs.
   • Prepare detailed cost reports, analyze variances, and recommend cost-control measures.
   • Collaborate with production and procurement teams to monitor and allocate manufacturing costs accurately.
2. Financial Reporting:
   
   • Maintain the general ledger for the factory and ensure timely and accurate month-end, quarter-end, and year-end closings.
   • Prepare financial statements and management reports that reflect the financial performance and position of the factory.
   • Assist with the preparation of budgets and forecasts, comparing actual results to budgeted figures.
3. Inventory & Fixed Assets Management:
   
   • Ensure proper accounting for inventory and raw materials in accordance with local standards.
   • Track and reconcile fixed assets, ensuring proper capitalization, depreciation, and disposal procedures are followed.
4. Compliance & Internal Controls:
   
   • Ensure adherence to statutory requirements and internal accounting policies and procedures.
   • Coordinate and support external audits, providing necessary documentation and analysis.
   • Continuously monitor and enhance internal controls within the factory's financial processes.
5. Process Improvement:
   
   • Identify opportunities to streamline accounting processes and enhance reporting efficiency.
   • Implement best practices and support the integration of new financial systems or ERP solutions.
6. Collaboration & Communication:
   
   • Liaise with production managers, procurement teams, and other relevant departments to support financial decision-making.
   • Communicate financial insights and recommendations to senior management to drive operational improvements.
   • Provide training and guidance to junior accounting staff as needed.

Qualifications & Experience:

1. Education:
   
   • Bachelor's Honors degree in Accounting, Finance, or CIMA qualification.
2. Experience:
   
   • Minimum of 3-5 years of accounting experience, with a strong preference for candidates with a background in manufacturing or industrial environments.
   • Proven experience in cost accounting, inventory management, and financial reporting.

Key Skills & Competencies:

1. Technical Proficiency:
   
   • Strong understanding of manufacturing cost structures and principles.
   • Proficient in accounting software and ERP systems (e.g., SAP, Oracle, or similar).
   • Advanced MS Excel skills.
2. Analytical & Problem-Solving Skills:
   
   • Excellent analytical capabilities with attention to detail and accuracy.
   • Ability to interpret complex financial data and provide actionable insights.
3. Communication & Interpersonal Skills:
   
   • Effective communicator with the ability to collaborate across departments.
   • Capable of presenting financial information clearly to both technical and non-technical audiences.
4. Organizational Skills:
   
   • Strong time management and organizational skills with the ability to handle multiple priorities and meet deadlines.
5. Adaptability:
   
   • Comfortable working in a dynamic, fast-paced environment with changing business needs.

Desired Skills:

1. 3-5 years of accounting experience
2. Strong costing experience
3. Plant factory experience
4. Numerical
5. Reporting