Strand: Management Accountant – Food Industry – Cape Town posted by Hire Resolve

About the Role

Hire Resolve’s Client is currently seeking a Management Accountant to join their reputable company in the Food Production Industry in Cape Town. As a Management Accountant, you will be responsible for analyzing financial data, preparing reports, and providing insights to senior management for decision making.

Key Responsibilities

• Analyze financial data and prepare reports for management review
• Analyse and understand variances, including raw material, packaging, production, labour, transport, margin, overheads and other variances
• Understand and improve operational and labour efficiencies in the factories
• Establish workable and sustainable methods of measuring and tracking productivity; and identifying and implementing improvements
• Report on variances and their causes, focusing on production and spending variances
• Do analysis on profitability with cross function teams to improve margin and reduce costs
• Work with the site team to develop, implement and drive cost saving initiatives
• Track and report KPIs and other Profit Improvement Projects to the team
• Ensure timely and effective supply of accurate and clear financial reporting (weekly, monthly) as required
• Plan, organize, guide and direct outputs of reports to achieve the objectives of the business
• Lead and co-ordinate inventory control, physical counts, investigate variances and resolve issues
• Identify improvements in the scanning system, investigate misalignment and ensure compliance with procedures
• Stock management input, including verifying stock count accuracy, BOMs, costings, variances, obsolescence and other stock related tasks
• Ensuring the accuracy and alignment of the BOMs to actual processes
• Authorization of bank and FX payments
• Processing and authorization of journals
• Monthly VAT calculation
• Junior cost accountant to reports to this role

Requirements

• CIMA qualified with relevant Bachelor’s degree, ideally with a Cost Management specialism; or BTech Cost & Management or similar qualifications.
• Minimum 3-5 years progressive financial experience, preferably in a food manufacturing environment, including a Management Accountant role
• Interrogated data to conduct analysis of process constraints, target costing projects, margin analysis, and tracing costs back to underlying activities
• Maintaining financial transaction records, posting transactions (including cash book, stock, sales and VAT)
• Proven capacity to convert requirements to an achievable output and effective communicator of progress to all business stakeholders
• Deadline driven within a fast-moving environment
• Minimum advanced level user of Microsoft Office
• Syspro working knowledge a major advantage

Qualifications

• Completed Bachelor’s degree or equivalent qualifications in Cost Management

Salary & Benefits

Salary Negotiable