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. You will also assist in budgeting, forecasting, and cost analysis specific to the food production industry.

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

No qualifications mentioned.

Salary & Benefits

Salary: negotiable. Our client is offering a highly competitive salary for this role based on experience.