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Plant Accountant
Hesto Harnesses (Pty) Ltd.KwaZulu-Natal, South Africa30+ days ago
Job descriptionAnalyse variances between actual and budgeted costs and assess the impact on the company’s financial performance. Develop and implement strategies to minimize the impact of variances and to reduce costs where appropriate Develop and track key performance indicators (KPIs) related to manufacturing. Evaluate manufacturing performance against benchmarks and industry standards. Report on manufacturing contribution and strategies to improve profitability by product channel. Develop and track key performance indicators (KPIs) related to manufacturing. Evaluate manufacturing performance against benchmarks and industry standards. Prepare and present detailed reports on manufacturing activity and financial results. Provide insights and analysis to support decision-making and strategic planning. Identify areas requiring corrective action based on performance analysis. Develop and implement corrective action plans to address performance issues and improve outcomes. Lead, mentor, and manage the finance team, ensuring high performance and professional development. Oversee team operations, performance evaluations, and career growth. Analyse current accounting and costing processes to identify opportunities for improvement and efficiency gains. Develop and implement process enhancements to ensure scalability and adaptability for future needs. Collaborate with senior management to align financial strategies with overall business objectives. Support strategic initiatives by providing financial insights and recommendations.
The successful candidate will oversee and maintain the management accounting and control of the company’s costing system. This role involves managing variances, analysing manufacturing performance, and ensuring effective reporting and corrective action planning. The role will also lead a finance team, drive process improvements, and develop scalable solutions to support future growth.
Management Accounting and Cost Control
- Oversee the company’s costing system, ensuring accuracy and integrity in cost reporting.
- Monitor and analyse cost structures, including production costs, and identify areas for cost reduction.
- Specific costs to include labour, waste and other key operational costs.
Variance Analysis
Manufacturing KPIs and Performance
Reporting and Analysis
Corrective Action Planning
Staff and Team Management
Process Improvement
Strategic Planning
CA or CIMA qualification (Essential)
Minimum 5 years’ experience in Finance, preferably in the manufacturing industry in a JSE listed company.
Management and development of various costing models
Business process knowledge
Risk management and governance knowledge
IT literate, excellent MS Excel knowledge, familiarity with any ERP system and any integrated business analysis tool is a strong plus
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Accountant • KwaZulu-Natal, South Africa
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