Job Description
About the Role
Hire Resolve is seeking a highly skilled Management Accountant to join an electrical transformer manufacturer in Bellville. The successful candidate will play a pivotal role in the financial operations of the company, with the potential for growth into a Financial Manager position.
Key Responsibilities
- Implement and enhance financial control and ERP systems to align management information with world-class standards.
- Ensure accurate reporting of business transactions in accordance with generally accepted accounting principles.
- Review and analyse expense variances for company management.
- Collaborate with manufacturing and servicing managers to develop sound costing models and achieve optimal stock control.
- Work with the procurement department to identify major cost drivers and facilitate effective price negotiation with suppliers.
- Manage logistics store management department to ensure accurate daily stock control.
- Mentor finance and admin staff to ensure proper financial control processes through detailed Standard Operating Procedures (SOPs).
- Oversee financial control of weekly and monthly payrolls.
- Develop budgeting and funding feasibility models.
- Assist in managing the company’s investments.
- Conduct foreign exchange purchases and negotiations (Knowledge of SARS import and export regulations advantageous).
- Manage the finance administration department to meet stringent deadlines.
- Evaluate the company’s performance using key financial data.
- Compile forecasts to support business planning and decision-making.
- Conduct risk assessments and advise on ways to minimise risk.
- Provide strategic insights, suggest improvements, and offer solutions.
- Maintain confidentiality of sensitive information.
- Ensure SARS tax compliance at all times.
- Coordinate with external auditors to manage semester and annual SARS deliverables.
Requirements
- Proven experience as a management accountant, accounting supervisor, or similar role.
- Solid knowledge of basic and advanced financial accounting principles and practices.
- Excellent understanding of cost accounting and reporting.
Qualifications
- Bachelor’s degree in Accounting or related field (if applicable).
- Relevant certifications such as the Certified Management Accountant (CMA) designation.
Salary & Benefits
Salary is negotiable based on experience.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Western Cape
In the Western Cape, the finance and accounting profession is a thriving industry with a strong demand for skilled professionals. Typically, the job market trends indicate a steady growth in the need for finance and accounting expertise across various sectors. This is often driven by the increasing importance of financial management, regulatory compliance, and data-driven decision-making in businesses.
When it comes to salaries, it’s common to see broad ranges varying depending on factors like experience, company size, and industry sector. Generally, entry-level positions can expect salaries ranging from R250 000 to R400 000 per annum, while senior roles may command salaries between R600 000 and R1 200 000 or more, depending on the individual’s qualifications and level of expertise.
Common skills required for finance and accounting roles in Western Cape include proficiency in financial software such as QuickBooks, Xero, or SAP; strong analytical and problem-solving skills; excellent communication and interpersonal skills; attention to detail and organisational abilities; knowledge of tax laws and regulations; and experience with budgeting and forecasting tools. Typically, a degree in commerce, accounting, or a related field is also essential.
Industry sectors commonly employing finance and accounting professionals include the financial services sector, technology industry, manufacturing sector, and corporate organisations. These roles often involve providing financial guidance, managing budgets, preparing financial reports, and ensuring compliance with regulatory requirements.
For those looking to advance their careers in finance and accounting, career development opportunities abound. Typically, experienced professionals can move into senior management positions or pursue specialisations like forensic accounting, audit, or financial planning. Others may choose to transition into related fields like business consulting, investment banking, or entrepreneurial ventures. With continuous learning and professional development, finance and accounting professionals in Western Cape can enjoy a rewarding and challenging career with opportunities for growth and advancement.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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