Elite Search | Management Accountant (Manufacturing)

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Role: Management and Cost AccountantThis role, as part of the Shared Services team, encompasses managing the financial accounting functions for three manufacturing/production entities, as well as overseeing cost accounting processes. Key responsibilities include handling Bills of Materials (BOMs), inventory management, work-in-progress (WIPs), and raw material planning. The position is based on-site in Cape Town, while the entities are located in Germany. Please note only candidates with production or manufacturing accounting experience will be considered.Duties:Preparing appropriate, accurate, timely and relevant Management AccountsReviewing and analysisAdapt and improve management reportsBalance sheet and income statement reconciliation tasks, journal postings, monthly accruals, and provisions;Prepare the general ledger asset accounting functions;Participation in the Companys year-end process and production of the Annual Financial StatementsLiaising with the auditors as required Budgets and PlanningAssist in providing support and advice to the Group in preparing forecasts and budgets within the prescribed timelines;Engage with management of subsidiaries on performance against budget, provide financial advice on budget control and forecast outcomesCAPEXCost AccountingBills of Materials (BOM):A detailed breakdown of all materials, components, and assemblies required to produce a finished product.Essential for cost estimation, production planning, and tracking material usage.Inventory Management:Monitoring and controlling raw materials, work-in-progress (WIP), and finished goods to minimize holding costs and prevent stockouts or overstocking.Raw Material Planning:Forecasting and managing the procurement of raw materials to ensure production continuity while optimizing costs.Work-in-Progress (WIP) Accounting:Tracking and valuing partially completed goods in the production process.Includes labor, materials, and overhead costs allocated to WIP to ensure accurate financial reporting.Cost Analysis and Reporting:Analyzing variances between actual and standard costs to identify inefficiencies or deviations.Generating reports for decision-making, including cost of goods sold (COGS), gross margins, and profitability analysis. GeneralDevelop and implement processes and perform tasks to ensure overall tax compliance of the Group;Managing daily banking and cash requirements for the Group. Essential requirements:3 - 5 years accounting experience in a busy, progressive manufacturing / production environment with a focus on Management Accounting including Cost AccountingPrevious experience in handling international accounting preferably in a shared services environment;Strong knowledge of IFRSHighly proficient Microsoft Office user with Advanced Excel skillsBachelors degree in finance / management accounting or similar.CIMA qualificationideal or studying towards


Nominal Salary: To be agreed

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