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eThekwini: Management Accountant posted by Unique Personnel Ltd

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Job Description

Job Overview The Management accountant will play a critical role in the finance team, focusing on cost management, inventory control and providing timely and accurate financial data to support operational decision-making and month-end reporting. Roles & Responsibilities Financial Record Management Processing of necessary and accurate Journal Entries related to production, inventory, and cost of goods sold. Assist with Month-End Reporting procedures and deadlines. Costing and Inventory Control: Performing monthly Reconciliation of Inventory between the General Ledger (GL) and the subledger, investigating and resolving discrepancies. Reviewing and analysing Variances (material, labour, overhead, purchase price, etc.) and ensuring they agree to the General Ledger. Checking and verifying Bill of Materials (BOM) Recoveries to ensure accurate cost allocation. Analysing Non-Conformance Costs to identify root causes and potential cost-saving opportunities. Calculating and preparing the Surplus Stock Provision (specifically for Composites and Non-Conforming Stock in the SA region). Co-ordinating the stock quarterly stock counts with the various national locations and reporting on the variances in the feedback sessions. Process and Data Integrity: Reviewing and approving New Product Codes Creation and approvals for the Composites division to ensure accurate classification and costing setup. Reviewing Goods Received Voucher (GRV) Reports to identify possible errors, ensuring timely and correct corrections are made to inventory records. Standard Cost Model Optimization: Take ownership of the entire standard costing model, continuously reviewing and refining it for accuracy and predictive capability. This includes annual recalculation and roll-up of standard costs across all Bill of Materials (BOMs). Systems and Process Improvement: Identify opportunities for process automation and system integration within the finance function, potentially leading the implementation or upgrade of the manufacturing module in the ERP system. Qualifications: Relevant Bcom Degree in Accounting / Management Accounting Experience: Minimum3 years in a similar manufacturing role or chemical/process industry

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How to Apply

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About Accounting / Finance Jobs in KwaZulu-Natal

In KwaZulu-Natal, South Africa, the accounting and finance sector is a vital component of the economy, often driving business growth and stability. Typically, professionals in this field are in high demand, particularly in sectors such as financial services, technology, and manufacturing. Generally, these roles require strong analytical skills, attention to detail, and excellent communication abilities.

When it comes to salary expectations, it’s common for accounting and finance professionals in KwaZulu-Natal to earn between R500 000 and R1 million per annum, depending on factors such as level of experience, company size, and industry sector. However, please note that these figures are broad estimates and can vary significantly depending on individual circumstances. For instance, senior executives or those working for large corporations may earn higher salaries, while entry-level positions might start at a lower end of the scale.

Common skills required for accounting and finance roles in KwaZulu-Natal include proficiency in financial software such as SAP or Xero, strong analytical and problem-solving abilities, excellent communication and interpersonal skills, attention to detail and organizational prowess. Typically, professionals in this field also possess a degree in accounting, finance, or a related field, with many holding professional certifications like the Certified Public Accountant (CPA) designation.

Many industries commonly employ accounting and finance professionals, including the financial services sector, technology industry, manufacturing sector, and public sector organisations. These roles often involve managing financial data, preparing financial statements, and providing strategic advice to clients or senior management.

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For career development, it’s common for accounting and finance professionals to progress through various roles, such as financial analyst, senior accountant, or financial manager. Many also pursue further education or certifications to enhance their skills and stay up-to-date with industry trends. Ultimately, a career in accounting and finance can offer strong job security, opportunities for advancement, and competitive salaries, making it an attractive option for those looking to establish a stable and rewarding career.


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



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