Management Accountant (Durban)Safal Steel • Durban, ZA

Management Accountant (Durban)

Safal Steel • Durban, ZA

8 days ago

Job description

Job title : Management Accountant (Durban)

Job Location : KwaZulu-Natal, Durban

Deadline : December 26, 2025

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Main purpose of the position :

Responsible for generation and production of accurate and timely management reports, annual financial statements, and budgets. Analyse key financial information to optimize financial planning, assist management with financial decision-making and help develop and implement strategies to reduce businesses' operational and production costs.

Key responsibilities :

Management Accounting and Reporting

Provide accurate and timely financial management accounts reports, balance sheet, cash flow statement and others finance reports within agreed timelines.

Reviewing of monthly Flash to ensure accuracy reports with commentaries

Review product pricing to ensure accuracy.

Review management reports and analysis of key trends.

Participate in all reviews of organisational financial performance and take actions for improvement where necessary.

Conducting in-depth financial analysis to guide decision-making processes, including cost and variance analysis.

Assisting in the development and execution of financial strategies to support the company's growth objectives.

Reviewing and analysing cost reports for all plants

Working closely with the plant controllers to ensure accurate and effective cost accounting systems.

Liaising with other departments to understand and control production costs through monthly cost reviews.

Manage monthly forecasting process to ensure submission of timely and accurate profit / loss forecasts including commentary provision.

Coordinate with HODs for timely Preparation of Board pack, Quarterly review pack and other reports as and when required.

Support finance head for other financial decision-making matters.

Regularly conduct meetings with plant controllers for financial improvements

Assisting with the audit preparation work to allow for timely completion of the annual financial statements and corporation tax returns.

Budgetary & Controls

Timely and accurate preparation of annual budget. Co-ordination with other Finance Team on timely provision of data for budget preparation

Monthly analysis of actual and budgeted costs

Collaborating with cross-functional teams to develop financial forecasts and Annual business plans.

Liaise closely with budget owners to provide a comprehensive accounting support service, including the provision of financial information, analysis to budget owners and review of business cases.

Analyse variances and explore potential problems with budget owners, making recommendations and executing those recommendations.

Identifying opportunities for cost control and efficiency improvements to contribute to the company's profitability.

ERP System Integrity and Audit Responsibilities

Ensure the accuracy, completeness, and timeliness of financial data within the ERP system (e.g., SAP).

Collaborate with the relevant Enterprise Business Analyst and finance teams to maintain robust internal controls within the ERP environment.

Identify and resolve discrepancies or anomalies in ERP-generated reports and financial records.

Participate as required in ERP upgrades and testing, to ensure alignment with financial reporting requirements.

Provide training and support to finance users on ERP functionalities and best practices.

Ensure ERP system processes comply with internal controls and audit requirements.

Identify and document ERP system risks and recommend mitigation strategies.

Conduct periodic audits of ERP data to ensure consistency, accuracy, and compliance with financial policies.

Collaborate with IT and compliance teams to address audit findings and implement corrective actions.

Duties and Safeguard Applications

Prepare data request and attend to all queries resulting therefrom timeously

Attend ITAC reviews of data request

Statutory Data Requests

Completion of statutory data requests from Statistics SA or other related government departments

Technical advice to departments

To provide required information / reports to other departments as and when necessary

Provide proactive financial advice to management / finance team and budget owners, actively promoting improved financial awareness.

Ensure compliance with financial procedures and to ensure a sound system of financial controls.

Requirements

Qualifications required :

Minimum academic qualification : Bachelor’s degree in commerce, Finance, Accounting or Equivalent

Professional registration : CA(SA) or CIMA

Experience required :

General work experience (years) : 15 years

Specific to the position (level / discipline / years) : 10 years

Industry : Manufacturing

Accounting / Financial Services jobs

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Management Accountant • Durban, ZA

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