Job Description

An exciting opportunity to work for a manufacturing company in Booysens, Johannesburg where you will head up the finance department and be required to process accounting and financial documentation for reporting and costing, aligned with company procedures and processes.

Duties and responsibilities

1. Financial Reporting and Analysis

Monthly preparation of income statement, balance sheet, and performance reports Management and performance reports daily, weekly, monthly Prepare variance analysis comparing actual production costs against standard production costs and advise management of required actions to efficiently manage the inputs viz material, labour and overheads Analysis of general ledger and trial balance to identify anomalies on a monthly basis Prepare and process journal entries Accruals and provisions on a monthly and annual basis Develop and maintain financial models, forecasts, variance analysis, and budgets to support strategic planning and decision-making Providing insights into cost trends, deviations, and areas of concern to support decision-making Liaise with the stock control department regarding monthly stock counts and review adjustments to the financial system Perform month-end closing procedures - reconciliations and supporting documents for all balance sheet items, accruals, account adjustments, and identifying uncaptured transactions

2. Cost Management

Ensure that products produced are fully costed - direct material, direct labour, indirect material, and fixed overheads Assist CEO with calculating job/prototype costs Monitoring the volume of rebates to customers, checking the accuracy of rebate calculations, ensuring the correct VAT treatment and accounting of rebates

3. Working Capital and Cash Flow Management

Must possess a strong understanding of working capital principles to manage inventory, accounts receivable, accounts payable, and cash flow Processing of cashbooks Bank reconciliations on a monthly basis Review and monitor work done by the debtor's clerk (age analysis, discrepancies, long outstanding items) Review and monitor work done by the creditors clerk (age analysis, discrepancies, long outstanding items) Authorisation of payments, salaries, wages, stock count adjustments

4. Regulatory Compliance and Taxation

VAT submission PAYE/UIF submissions Liaising with SARS to resolve VAT, PAYE, and income tax queries Ensure compliance with all regulatory and corporate governance requirements

5. Internal Controls and Audit

Development and implementation of financial policies, procedures, and internal controls Internal audit - testing to ensure that internal controls are adhered to Assist with audits and other financial assessments as required

6. Team Management and Leadership

Supervise and manage staff in the areas of sales and debtors, purchases and creditors and stock control Mentor and support subordinates, providing guidance and training as needed Collaborate with cross-functional teams to streamline financial operations and drive continuous improvement initiatives

7. Systems and Process Improvement

Identify areas for process improvements and implement changes to enhance financial operations and reporting accuracy Develop a proper understanding of the accounting software to drive benefits throughout the organization

Minimum requirements

Educational Qualifications:

Degree in Finance / Management Accounting or related fields (NQF6).

Experience:

At least 5 years' experience in cost accounting

Manufacturing experience is required

Managing staff is required

Computer Literacy

Knowledge of Pastel Partner is required

Advanced MS-Office - especially Excel Skills

Attributes

Ability to manage and mentor staff

Proactive and action-oriented

Attention to detail

Problem Solving and Analytical skills

Agile

Planning and Organising skills

Relationship Building and customer Focused

Excellent communication skills (both verbal and written)

Team player

Adherence to deadlines

Key performance areas

Cost management

Inventory turnover

Product cost accuracy

Budget accuracy

Ensuring a strong return on investment (ROI).

Working hours

Monday to Friday 7:30 AM-5:00 PM with a 30-minute lunch break

Saturdays when required, dependent on production schedule 8:30 AM - 1:00 PM

Job Type: Full-time

Pay: R40000,00 - R45000,00 per month

Experience:

Cost and management accounting: 5 years (Required)
Application Deadline: 2025/08/31