| Date | 2025-01-07 |
|---|---|
| Job Title | Management Accountant (Manufacturing) |
| Employer | More Information |
| Salary | 40 000 Monthly |
| Category | Accounting Finance |
| Location |
Cape Town Region / Cape Town City Centre |
Job Summary
Role: Management and Cost Accountant This role, as part of the Shared Services team, encompasses managing the financial accounting functions for three manufacturing/production entities, as well as overseeing cost accounting processes. Key responsibilities include handling Bills of Materials (BOMs), inventory management, work-in-progress (WIPs), and raw material planning. The position is based on-site in Cape Town, while the entities are located in Germany. Please note only candidates with production or manufacturing accounting experience will be considered.
Duties:
Preparing appropriate, accurate, timely and relevant Management Accounts Reviewing and analysis Adapt and improve management reports Balance sheet and income statement reconciliation tasks, journal postings, monthly accruals, and provisions; Prepare the general ledger asset accounting functions; Participation in the Companyâ??s year-end process and production of the Annual Financial Statements Liaising with the auditors as required Budgets and Planning Assist in providing support and advice to the Group in preparing forecasts and budgets within the prescribed timelines; Engage with management of subsidiaries on performance against budget, provide financial advice on budget control and forecast outcomes CAPEX Cost Accounting Bills of Materials (BOM): A detailed breakdown of all materials, components, and assemblies required to produce a finished product. Essential for cost estimation, production planning, and tracking material usage. Inventory Management: Monitoring and controlling raw materials, work-in-progress (WIP), and finished goods to minimize holding costs and prevent stockouts or overstocking. Raw Material Planning: Forecasting and managing the procurement of raw materials to ensure production continuity while optimizing costs. Work-in-Progress (WIP) Accounting: Tracking and valuing partially completed goods in the production process. Includes labor, materials, and overhead costs allocated to WIP to ensure accurate financial reporting. Cost Analysis and Reporting: Analyzing variances between actual and standard costs to identify inefficiencies or deviations. Generating reports for decision-making, including cost of goods sold (COGS), gross margins, and profitability analysis. General Develop and implement processes and perform tasks to ensure overall tax compliance of the Group; Managing daily banking and cash requirements for the Group. Essential requirements: 3 – 5 years accounting experience in a busy, progressive manufacturing / production environment with a focus on Management Accounting including Cost Accounting Previous experience in handling international accounting preferably in a shared services environment; Strong knowledge of IFRS Highly proficient Microsoft Office user with Advanced Excel skills Bachelorâ??s degree in finance / management accounting or similar. CIMA qualification ideal or studying towards
Management Accountant (Manufacturing) position available in Cape Town Region, Cape Town City Centre. This job position was posted by . The job has been posted on 2025-01-07 in the Accounting Finance category
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