Job Overview
The Management accountant will play a critical role in the finance team, focusing on cost management, inventory control and providing timely and accurate financial data to support operational decision-making and month-end reporting.
Roles & Responsibilities
 Financial Record Management

Processing of necessary and accurate Journal Entries related to production, inventory, and cost of goods sold.
Assist with Month-End Reporting procedures and deadlines.

Costing and Inventory Control:

Performing monthly Reconciliation of Inventory between the General Ledger (GL) and the subledger, investigating and resolving discrepancies.
Reviewing and analysing Variances (material, labour, overhead, purchase price, etc.) and ensuring they agree to the General Ledger.
Checking and verifying Bill of Materials (BOM) Recoveries to ensure accurate cost allocation.
Analysing Non-Conformance Costs to identify root causes and potential cost-saving opportunities.
Calculating and preparing the Surplus Stock Provision (specifically for Composites and Non-Conforming Stock in the SA region).
Co-ordinating the stock quarterly stock counts with the various national locations and reporting on the variances in the feedback sessions.

Process and Data Integrity:

Reviewing and approving New Product Codes Creation and approvals for the Composites division to ensure accurate classification and costing setup.
Reviewing Goods Received Voucher (GRV) Reports to identify possible errors, ensuring timely and correct corrections are made to inventory records.

Standard Cost Model Optimization:

Take ownership of the entire standard costing model, continuously reviewing and refining it for accuracy and predictive capability. This includes annual recalculation and roll-up of standard costs across all Bill of Materials (BOMs).

Systems and Process Improvement:

Identify opportunities for process automation and system integration within the finance function, potentially leading the implementation or upgrade of the manufacturing module in the ERP system.