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Management Accountant

Management Accountant

Safal SteelDurban, KwaZulu-Natal, South Africa
1 day ago
Job description

Job title

Management Accountant

Job Location

KwaZulu-Natal, Durban

Deadline

November 06, 2025

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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
  • Accounting / Financial Services jobs
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    Management Accountant • Durban, KwaZulu-Natal, South Africa

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