Management Accountant


MPC Recruitment


07 May 2019

Reference Number



Undisclosed cost to company incl benefits


Our client, a reputable name in the manufacturing concern seeks a dynamic Management Accountant to join their team, based in Pinetown. The successful incumbwnt will report to the Financial Manager-Operations.

Main Duties and Reponsibilities:
* Product Costings:

- Send Raw Materials Expected Costs Reports to Purchasing for Review and to adjust where necessary
- Send Accessories Expected Costs Reports to Product Manager for Review and to adjust where necessary
- Ensure all Expected Costs captured into the system is 100 % accurate
- Perform a Product recosting process in the system for all manufactured products
- Ensure all costs are same in all warehouses
- Compare closing stocks and opening stocks for the new month and prepare Revaluation Journal
- Check Landed Costs reports daily for all imported stock receipts and check for any errors-Standard Costs and Landed Cost-huge variances

* Production and Variances:

- Review Production variances daily and review with the Production Manager at least weekly
- Check all postings to the GL is correct
- Ensure daily Production Reports matches to month-end reports (volume/Variances etc.)
- Ensure BOM recovery are correctly accounted for the month
- Check batch sheets are correctly captured and all issues are accounted for
- Review Recovery Rates regularly and make recommendation to senior management
- Produce Summary variances report for the management pack
- Record and report on all Non Conformance
- Record and report on drainings
- Record and report on Electricity and Water usages
- Ensure all other utilities(gas) are correctly recorded and reported

* Stock Counts and Adjustments:

- Ensure perpetual stock counts are conducted weekly
- Plan and manage Quarterly stock counts and report on results
- Ensure stock count procedures is followed by ALL
- Ensure all stock adjustments follow an approval process
- Perform the duty of auditor at quarterly stock counts

* Fixed Costs:

- Review Fixed Costs for all Production Departments
- Ensure all expenses are recorded in the month
- Discuss Overs/Unders with the Production Manager Monthly

* Budgets:

- Assist with budgets for the Production Departments

* Reporting

- Ensure all Stock Related reports are performed accurately and on time for the Management Pack

- Month end closing of Inventory Module
- Perform allocated balance sheet recons within specified time i.e. -Stock/Consumables/Utilities/WIP
- Ensure ALL change control documents are in place and are properly adhered to
- Stats SA quarterly submissions-Manufacturing

Education & Experience Required:

- Bachelor's degree in Accounting,Management Accounting,CIMA or 5 years previous Experience as Management Accountant
- Proficient computer skills-Microsft Office Suite:Experience with Accounting Software

Contract Type:

Permanent, Permanent/Contract




New Germany
South Africa