Cost And Management Accountant

Cost And Management Accountant

An exciting opportunity to work for a manufacturing company in Booysens, Johannesburg where you will head up the finance department and be required to process accounting and financial documentation for reporting and costing, aligned with company procedures and processes.Duties and responsibilities1. Financial Reporting and AnalysisMonthly preparation of income statement, balance sheet, and performance reportsManagement and performance reports daily, weekly, monthlyPrepare variance analysis comparing actual production costs against standard production costs and advise management of required actions to efficiently manage the inputs viz material,





labour and overheadsAnalysis of general ledger and trial balance to identify anomalies on a monthly basisPrepare and process journal entriesAccruals and provisions on a monthly and annual basisDevelop and maintain financial models, forecasts, variance analysis, and budgets to support strategic planning and decision-makingProviding insights into cost trends, deviations, and areas of concern to support decision-makingLiaise with the stock control department regarding monthly stock counts and review adjustments to the financial systemPerform month-end closing procedures - reconciliations and supporting documents for all balance sheet items, accruals, account adjustments, and identifying uncaptured transactions2. Cost ManagementEnsure that products produced are fully costed - direct material, direct labour, indirect material, and fixed overheadsAssist CEO with calculating job/prototype costsMonitoring the volume of rebates to customers, checking the accuracy of rebate calculations, ensuring the correct VAT treatment and accounting of rebates3.





Working Capital and Cash Flow ManagementMust possess a strong understanding of working capital principles to manage inventory, accounts receivable, accounts payable, and cash flowProcessing of cashbooksBank reconciliations on a monthly basisReview and monitor work done by the debtor's clerk (age analysis, discrepancies, long outstanding items)Review and monitor work done by the creditors clerk (age analysis, discrepancies, long outstanding items)Authorisation of payments, salaries, wages, stock count adjustments4. Regulatory Compliance and TaxationVAT submissionPAYE/UIF submissionsLiaising with SARS to resolve VAT, PAYE, and income tax queriesEnsure compliance with all regulatory and corporate governance requirements5. Internal Controls and AuditDevelopment and implementation of financial policies,





procedures, and internal controlsInternal audit - testing to ensure that internal controls are adhered toAssist with audits and other financial assessments as required6. Team Management and LeadershipSupervise and manage staff in the areas of sales and debtors, purchases and creditors and stock controlMentor and support subordinates, providing guidance and training as neededCollaborate with cross-functional teams to streamline financial operations and drive continuous improvement initiatives7. Systems and Process ImprovementIdentify areas for process improvements and implement changes to enhance financial operations and reporting accuracyDevelop a proper understanding of the accounting software to drive benefits throughout the organizationMinimum requirementsEducational Qualifications:· Degree in Finance / Management Accounting or related fields (NQF6).Experience:· At least 5 years' experience in cost accounting· Manufacturing experience is required· Managing staff is requiredComputer Literacy· Knowledge of Pastel Partner is required· Advanced MS-Office – especially Excel SkillsAttributes· Ability to manage and mentor staff· Proactive and action-oriented· Attention to detail· Problem Solving and Analytical skills· Agile· Planning and Organising skills· Relationship Building and customer Focused· Excellent communication skills (both verbal and written)· Team player· Adherence to deadlinesKey performance areas · Cost management· Inventory turnover· Product cost accuracy· Budget accuracy· Ensuring a strong return on investment (ROI).Job Type: Full-timePay: R35000,00 - R40000,00 per monthApplication Deadline: 2024/11/05
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▶️ Cost And Management Accountant
🖊️ Garniche
📍 Pretoria