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Management AccountantHire Resolve • Durban, KwaZulu-Natal, ZA
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Management Accountant

Management Accountant

Hire Resolve • Durban, KwaZulu-Natal, ZA
30+ days ago
Job description

A leading organization in the chemical processing sector is seeking a Management Accountant to join their finance team. This is a critical role focused on driving financial insight, optimizing standard costing models, and providing the data-driven support necessary for strategic decision-making in a high-volume production setting.

Key Responsibilities

Costing & Inventory Control

  • Standard Costing: Take full ownership of the standard costing model, including annual recalculations and roll-ups across all Bills of Materials (BOMs).
  • Variance Analysis: Review and analyze material, labor, and overhead variances, ensuring alignment with the General Ledger.
  • Inventory Management: Perform monthly reconciliations between the GL and sub-ledgers; coordinate and report on quarterly national stock counts.
  • BOM Accuracy: Verify Bill of Materials (BOM) recoveries to ensure precise cost allocation and setup for new products.

Financial Reporting & Analysis

  • Month-End: Lead month-end reporting procedures, ensuring all journals related to production, inventory, and COGS are accurate and posted timeously.
  • Management Packs: Prepare comprehensive monthly management reports and financial analysis to support operational leadership.
  • Cost Saving: Analyze non-conformance costs and surplus stock provisions to identify root causes and cost-saving opportunities.

Systems & Process Improvement

  • ERP Optimization: Identify opportunities for process automation and potentially lead upgrades to the manufacturing modules within the ERP system (Sage X3 experience is a plus).
  • Data Integrity: Monitor Goods Received Voucher (GRV) reports and Master Data to ensure absolute accuracy in financial records.

Minimum Requirements

Qualifications & Experience

  • Education: Relevant B.Com Degree in Accounting or Management Accounting (CIMA/Honours preferred).
  • Experience: Minimum of 3–5 years’ experience in a similar role within a manufacturing, chemical, or process-driven industry.
  • Technical Expertise: Strong hands-on experience in inventory management, standard costing, and variance analysis.

Technical Skills

  • Systems: Advanced proficiency in MS Excel is essential.
  • ERP: Proven experience with manufacturing ERP systems (Knowledge of Sage X3 or similar is highly advantageous).
  • Competencies: Exceptional problem-solving skills, deadline-driven, and the ability to work independently in a fast-paced environment.

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Management Accountant • Durban, KwaZulu-Natal, ZA