Reference: JHB001037-HLG-3Immediately available role: Management and Cost Accountant / Accountant - Cape Town office based - foreshore. A well established and extremely successful international private investment firm with Head Quarters in Berlin and California and offices in several countries around the world is looking for a Management Accountant / Financial Accountant to work with clients globally and teams in Germany. Part of shared services, the finance teams support several entities within this exciting and innovative group.The ideal candidate for this entrepreneurial environment is someone who not only possesses the necessary technical skills but also embodies the agility, confidence, resilience, and team spirit required to thrive in a fast-paced, ever-changing landscape. Location: Cape Town - Office Based - Foreshore. Hours 09h00 - 17h30 (to align with Head Office in Berlin).
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 Accounts
Reviewing and analysis
Adapt and improve management reports
Balance sheet and income statement reconciliation tasks, journal postings, monthly accruals, and provisions;
Prepare the general ledger asset accounting functions;
Participation in the Company's year-end process and production of the Annual Financial Statements
Liaising with the auditors as required

Budgets and Planning

Assist 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 outcomes
CAPEX

Cost Accounting

Bills 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.

General

Develop 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 Accounting
Previous experience in handling international accounting preferably in a shared services environment;
Strong knowledge of IFRS
Highly proficient Microsoft Office user with Advanced Excel skills
Bachelor's degree in finance / management accounting or similar.
CIMA qualification ideal or studying towards

R 40 000 - R 50 000 - Monthly