Management Accountant (Cape Town Onsite)

Posted on 2025-04-09

Employer	Datafin
Salary	0
Category	It Computer
Location	Western Cape / Cape Town

Job Summary

Management Accountant (Cape Town – Onsite)Finance/Admin
Cape Town – Western Cape – South Africa

ENVIRONMENT:

A company headquartered in Germany that emphasizes innovation for growth is seeking a Management Accountant who will be responsible for overseeing financial management activities within a manufacturing environment while also supporting group consolidation and reporting across the organization. This role combines strong expertise in cost accounting, financial analysis, and budgeting with the ability to manage financial consolidations for a multi-entity structure. The successful candidate will work closely with the finance team and other departments to ensure accurate and timely financial reporting, cost control, and strategic financial planning across both manufacturing operations and the wider group.

DUTIES:

Cost Accounting & Manufacturing Finance:

Calculate and analyse standard costs for products, materials, labour, and overhead within the manufacturing environment.
Maintain and update cost accounting systems to ensure accurate allocation of costs to products and services.
Perform variance analysis (e.g., material, labour, overhead) and provide insights to drive cost reduction initiatives.
Lead cost modelling efforts for new products and production processes, ensuring that manufacturing costs are aligned with pricing strategies and profitability goals.

Group Consolidation & Reporting:

Lead the monthly, quarterly, and annual group consolidation process, ensuring accurate and timely consolidation of financial results for all subsidiaries and entities.
Prepare consolidated financial statements in accordance with group accounting policies and applicable accounting standards (e.g., IFRS, GAAP).
Ensure that intercompany transactions are properly eliminated, and any necessary adjustments for group reporting are made.

Financial Reporting & Analysis:

Prepare management accounts, including profit and loss statements, balance sheets, and cash flow statements for both individual entities and the consolidated group.
Provide variance analysis and interpret financial results to identify trends, risks, and opportunities.
Review performance against budget, forecast, and prior periods, providing insights and recommendations for improvement.
Prepare reports for senior management, highlighting key financial metrics and advising on actions to improve business performance.

Budgeting & Forecasting:

Coordinate the annual budgeting process for manufacturing operations, as well as group-wide financial planning, including sales, production costs, and overheads.
Provide input into the group-level forecast process, ensuring that manufacturing and operational data are accurately reflected.
Assist in developing financial models to project future performance and capital requirements at both the subsidiary and group level.
Provide monthly and quarterly forecasting support, revising projections based on actual performance and business changes.

Inventory & Cost Control:

Oversee and ensure accurate inventory management, including raw materials, work-in-progress, and finished goods, across manufacturing sites.
Lead the monthly reconciliation of inventory values, ensuring compliance with accounting policies and financial standards.
Support inventory control processes by identifying cost-saving opportunities related to raw materials, production efficiency, and supply chain management.

Financial Analysis & Strategic Support:

Provide detailed financial analysis on product profitability, cost structure optimization, and capital expenditure planning for both the manufacturing division and the broader group.
Conduct break-even analysis, margin analysis, and other profitability studies to guide pricing decisions, cost reductions, and investment strategies.
Support strategic decision-making, including make-or-buy analysis, plant efficiency studies, and profitability assessments for new product lines or market segments.

Internal Controls & Compliance:

Ensure compliance with financial regulations and accounting standards (e.g., IFRS, GAAP), including managing the financial reporting requirements of the group.
Work closely with external auditors during year-end audits, ensuring timely and accurate delivery of financial data for group consolidation and individual entity audits.
Ensure that robust internal controls are in place for financial reporting, cost accounting, and inventory management.
Coordinate with internal and external stakeholders to ensure compliance with tax regulations and financial reporting standards.

Process Improvement & Systems Development:

Continuously identify opportunities for process improvements across financial reporting, cost accounting, and consolidation workflows.
Recommend and implement improvements to ERP systems and accounting processes to enhance data accuracy, financial efficiency, and automation.
Support cross-functional teams (e.g., production, operations, procurement) in aligning financial reporting practices with operational activities and business objectives.

REQUIREMENTS:

Education:
Bachelors degree in Accounting, Finance, or related field (essential). Professional accounting qualification (e.g., CIMA, ACCA, ACA) or progress toward qualification is highly desirable.
Experience:

At least 4-6 years of experience in management accounting or finance, with significant exposure to cost accounting and financial reporting in a manufacturing or multi-entity environment.
Hands-on experience with group consolidation, intercompany eliminations, and multi-entity reporting processes.
Proficiency in using ERP systems (e.g., SAP, Oracle, Microsoft Dynamics) and advanced Excel skills (pivot tables, financial modelling, macros).
Knowledge of IFRS, GAAP, and other relevant financial regulations, particularly as they apply to group consolidation and multi-entity environments.

Skills:

Strong analytical skills, with the ability to translate complex financial data into actionable insights for both manufacturing operations and group-level decision-making.
Expertise in cost control, budget management, and financial forecasting, particularly within a manufacturing context.
Excellent communication and interpersonal skills, with the ability to liaise with senior management and various departments across the organization.
Detail-oriented and organized, with the ability to manage multiple priorities and deadlines in a fast-paced environment.

Desirable Attributes:

Familiarity with tax planning and cross-border financial management.
Experience in driving process improvements, including the implementation of automated systems for financial reporting and consolidation.
Knowledge of lean manufacturing principles and cost optimization techniques.

View Job Stellenbosch: Commercial Administrator/Assistant posted by Pillango Placements

Apply for this Job

Management Accountant (Cape Town Onsite) position available in Western Cape, Cape Town. This job position was posted by Datafin. The job has been posted as a premium ad on 2025-04-09 at 16:10:22 in the It Computer category

Click Go Apply to apply online!

You might also like these jobs in the same area.

More jobs in Cape Town

More jobs in Western Cape

Browse It Computer Jobs

Browse Datafin Jobs

Apply directly for this position. Please read all instructions carefully.

We do not process job applications; we simply aggregate and display job listings.

More related positions

Cape Town City Centre: Management Accountant

A leading Cloud Accounting firm is looking for a Management Accountant to join their dynamic and tech-driven team in Cape Town If youre passionate about helping SMEs thrive and want to work in a flexible, forward-thinking environment, this is the perfect

Cape Town: Management Accountant (Cape Town Onsite) posted by Datafin

Management Accountant (Cape Town Onsite)

Job Summary

You might also like these jobs in the same area.

More related positions

More Jobs in Your Area

What do the people say?

New job started

Consice Titels, search results are specific

JVRJOBS

Humagous thank you jvr jobs

Jvr finance