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Plant Accountant

Plant Accountant

SHARON NUROCK RECRUITMENT CCDurban, South Africa
17 days ago
Job description

Minimum Job Requirements :

  • B.Com or B.Tech in Financial Accounting.
  • C.A. (S.A.) or CIMA, a strong advantage.
  • Minimum 5 years’ experience in a similar role.
  • Must have experience in a manufacturing Plant environment.
  • Demonstrated experience in cross-functional disciplines (Production, Logistics, Supply Chain, Maintenance, etc.).
  • Proven Technical Finance acumen (budgets, forecasts, interpretation of Income Statement, Stock Control, etc.).Â

Key Performance Areas :

Report to the Plant Manager and Business Unit Financial Manager :

  • Financial Strategy : General Financial Management :

    • Provide financial analysis and support to management and all operational areas.

  • Monitor and support debtors and creditors.
  • Maintain the fixed asset register.
  • Control intercompany balancing.
  • Review weekly payroll.
  • Review and action financial variances (budget / forecast).
  • Review and action balance sheet account variances.
  • Ensure compliance with IFRS.
  • Maintain the plant Capex & Tooling reports.
  • Internal Control :

    • Maintain and review the risk register.

  • Budgets / Forecasts :

    • Participate in the budget / forecast process.

  • Prepare budgets and forecasts for plants.
  • Prepare plant profit & loss and balance sheet forecasts.
  • Financial Reporting : Financial Pack :

    • Prepare financial reports and returns.

  • Flash Results :

    • Compile the plant Flash results and analyse variances.

  • Weekly Sales Report :

    • Compile and review weekly Sales reports.

  • General Ledger :

    • Prepare provisions and accruals.

  • Compile Royalties schedule for month end processing.
  • Prepare general ledger journals.
  • Compile general ledger reconciliations.
  • Capex, Tooling & Fixed assets :

    • Prepare & maintain a Capex and Tooling register tracking actual spend against approved spend, planning future profitability & cash flows of the projects.

  • Prepare Capex requisitions with all relevant information regarding the Capex project.
  • Audits and Year-End Processes :

    • Prepare and plan year-end statutory audits.

  • Prepare and arrange royalty audits.
  • Costing :

    • Calculate landed cost on all import shipments.

  • Prepare / review declaration of imported components and raw materials.
  • Investigate purchase price variances.
  • Generate variance report of actuals to budgeted information.
  • Stock Control :

    • Compile daily stock holding report.

  • Oversee stock takes.
  • Assist with investigating stock count variances.
  • Overall responsibility for stock.
  • Cash Management :

    • Oversee cash management function of the plant.

  • Monitor daily cash positions and cash flows to ensure settlement and maximise performance.
  • Manage cash flow and working capital for the plant.
  • Forex :

    • Review Forex forecasts.

  • Plant FEC contracts based on AP requirements.
  • Other :

    • Staff management.

  • SHE issues.
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    Accountant • Durban, South Africa

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