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Durban: Business Unit Accountant (Manufacturing Industry)

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Job Description

About the Role

We are seeking a highly skilled Business Unit Accountant to join our manufacturing industry team in Durban. The successful candidate will provide financial management and reporting support to management, ensuring accurate financial analysis and preparation of reports.

Key Responsibilities

  • Provide financial analysis and support to management
  • Prepare financial reports, budgets, and forecasts
  • Analyse variances (actual vs budget) and recommend actions
  • Maintain ERP system (BPCS)
  • General Ledger & Month-End
  • Prepare journals, accruals, and provisions
  • Perform balance sheet reconciliations
  • Compile weekly sales and flash reports
  • Costing & Financial Analysis
  • Product costing and margin analysis
  • Investigate purchase price variances (PPV)
  • Identify cost-saving and improvement opportunities
  • Cash Flow & Working Capital
  • Monitor daily cash flow and cash positions
  • Manage working capital and ensure liquidity
  • CAPEX & Fixed Assets
  • Manage CAPEX process (ROI, approvals, tracking)
  • Maintain fixed asset register
  • Monitor CAPEX spend vs budget
  • Audit & Compliance
  • Prepare for internal and external audits
  • Ensure compliance with VAT and statutory requirements
  • Submit tax returns (VAT, PAYE, UIF, WCA)
  • Stock & Debtors/Creditors
  • Oversee stock control and stock takes
  • Review debtor age analysis and ensure collections
  • Manage creditors reconciliations and payments

Requirements

  • Grade 12
  • BCom / Diploma in Financial Accounting or similar
  • Minimum 2 years in finance/accounting role

Qualifications

None mentioned.

Salary & Benefits

Not specified.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Accounting / Finance Jobs in eThekwini

The accounting and finance industry is a vital component of eThekwini’s economy, providing essential services to businesses, governments, and individuals. Generally, job seekers in this field can expect a stable and secure career with opportunities for growth and development. Typically, roles in accounting and finance are found across various industries, including financial services sector, technology industry, manufacturing sector, and public sector.

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Salaries for accounting and finance professionals in eThekwini vary widely depending on factors such as experience, company size, and industry sector. Common salary ranges for entry-level positions typically start between R200 000 to R300 000 per annum, while senior roles can range from R500 000 to R800 000 or more. However, these figures are general estimates and actual salaries may vary significantly. It is essential to research the specific job market and industry trends to determine realistic salary expectations.

Common skills required for accounting and finance roles in eThekwini include proficiency in financial software, such as SAP or Oracle; strong analytical and problem-solving skills; excellent communication and interpersonal skills; experience with budgeting, forecasting, and financial analysis tools; a solid understanding of tax laws and regulations; and a degree in accounting or finance. Additionally, many employers require candidates to hold relevant professional certifications, such as the Chartered Accountant (SA) designation.

Accounting and finance professionals can be found across various industries, including financial services sector, technology industry, manufacturing sector, and public sector. The financial services sector is often a major employer of accounting and finance professionals in eThekwini, while the technology industry also provides many opportunities for growth and development. Other industries, such as manufacturing and construction, also require skilled accounting and finance professionals to manage their finances effectively.

Career development opportunities are abundant in the accounting and finance field, with many employers offering training and development programs to help employees advance in their careers. Typically, experienced accountants can move into senior roles or take on leadership positions within their companies. With experience and additional certifications, accountants can transition into management roles, such as financial controller or accountant manager, or pursue career paths in finance consulting or public practice.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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