Job Description
About the Role
We are seeking an experienced Plant Accountant to join our client’s team in Durban. The successful candidate will be responsible for providing financial analysis and support to management, as well as overseeing various aspects of plant operations.
Key Responsibilities
- Provide financial analysis and support to management and all operational areas.
- Monitor and support debtors and creditors.
- Maintain the fixed asset register.
- Control intercompany balancing.
- Review weekly payroll.
- Review and action financial variances (budget/forecast).
- Review and action balance sheet account variances.
- Ensure compliance with IFRS.
- Maintain the plant Capex & Tooling reports.
- Maintain and review the risk register.
- Participate in the budget/forecast process.
- Prepare budgets and forecasts for plants.
- Prepare plant profit & loss and balance sheet forecasts.
- Compile the plant Flash results and analyse variances.
- Compile and review weekly Sales reports.
- Prepare provisions and accruals.
- Compile Royalties schedule for month end processing.
- Prepare general ledger journals.
- Compile general ledger reconciliations.
- Prepare & maintain a Capex and Tooling register tracking actual spend against approved spend, planning future profitability & cash flows of the projects.
- Prepare Capex requisitions with all relevant information regarding the Capex project.
- Prepare and plan year-end statutory audits.
- Prepare and arrange royalty audits.
- Calculate landed cost on all import shipments.
- Prepare / review declaration of imported components and raw materials.
- Investigate purchase price variances.
- Generate variance report of actuals to budgeted information.
- Compile daily stock holding report.
- Oversee stock takes.
- Assist with investigating stock count variances.
- Overall responsibility for stock.
- Oversee cash management function of the plant.
- Monitor daily cash positions and cash flows to ensure settlement and maximise performance.
- Manage cash flow and working capital for the plant.
- Review Forex forecasts.
- Plant FEC contracts based on AP requirements.
Requirements
- B.Com or National Diploma in Financial Accounting.
- C.A. (S.A.) or CIMA, a strong advantage.
- Minimum 5 years’ experience in a similar role.
Qualifications
- Formal education/certifications (Bachelor’s, LLB, Matric, etc.).
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Manufacturing Production Jobs in Kwazulu-Natal
In Kwazulu-Natal, the manufacturing production sector is a significant contributor to the region’s economy, with various industries employing a large workforce. Typically, job seekers in this field can expect to find employment opportunities in sectors such as the financial services industry, technology industry, and manufacturing sector. Generally, these roles involve overseeing the production process, managing supply chains, and ensuring efficient operations.
The salary range for manufacturing production positions in Kwazulu-Natal varies widely depending on factors such as experience, company size, and industry sector. While broad estimates are difficult to provide, very generally speaking, salaries typically fall within the R400 000 to R700 000 per annum range, although actual figures can vary significantly. For instance, experienced professionals with advanced degrees or those working for large multinational corporations like Google or Microsoft may earn on the higher side of this range, while entry-level positions might be lower. Furthermore, roles in smaller companies or startups may also differ from these estimates.
Common skills required for manufacturing production positions include strong technical knowledge of production processes and equipment maintenance, excellent problem-solving and analytical skills, effective communication and leadership abilities, attention to detail, and the ability to work well under pressure. Typically, a degree in engineering, business, or a related field is often necessary for these roles. While not always required, proficiency in industry-specific software and systems can be beneficial.
The manufacturing production sector employs professionals across various industries, including but not limited to the technology industry, automotive sector, and food processing industry. Commonly, manufacturers require skilled workers who can oversee production lines, manage inventory, and maintain equipment.
For those interested in pursuing a career in manufacturing production, there are numerous opportunities for development and growth. Often, companies invest heavily in employee training and development programs, which can lead to career advancement within the company or even across industries. Typically, professionals with 3-5 years of experience may be considered for supervisory roles, while those with advanced degrees or specialized skills may be eligible for leadership positions.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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