Job Description
About the Role
The Management & Cost Accountant is a critical role that requires producing accurate financial insights to support senior management’s decision-making. The successful candidate will be responsible for providing meaningful financial information to drive cost optimisation initiatives and improve operational efficiency, ensuring the company’s overall business performance.
Key Responsibilities
- Prepare monthly management accounts, management reports and KPI dashboards, including detailed variance analysis.
- Perform detailed variance analysis, interpreting financial and operational drivers and providing clear commentary to senior management.
- Process month-end journals, accruals and provisions to ensure accurate and complete financial records.
- Prepare and review monthly reconciliations for the general ledger, bank and cashbook, suppliers, customers, inventory and fixed assets.
- Support group reporting requirements, including alignment to IFRS and Italian GAAP where applicable.
- Lead and support month-end and year-end close processes, including stock takes and inventory valuations.
- Prepare monthly expense reports, annual OPEX budgets, rolling forecasts and long-term financial plans.
- Monitor operational, production and cost centre expenditure against budget; analyse variances and recommend corrective actions.
- Perform detailed cost and margin analysis, including standard costing, BOM accuracy, labour costs, production variances and cost optimisation initiatives.
- Analyse machinery utilisation, cycle times, throughput and downtime, translating operational performance into financial insight.
Requirements
- Bachelor of Commerce or Diploma in Financial Management, Management Accounting or Cost Management.
- Completed CIMA articles (advantageous).
- Minimum 5 years’ relevant experience, with strong exposure to management accounting, cost analysis and budgeting.
- Exposure to foreign exchange and multi-currency accounting (advantageous).
- ERP system experience (advantageous).
Qualifications
- Bachelor of Commerce or Diploma in Financial Management, Management Accounting or Cost Management.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in Gauteng
In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.
When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.
Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.
Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.
For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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