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Management Accountant (Manufacturing)

Employer
Elite Search and Selection
Location
Cape Town Region Cape Town, Western Cape Western Cape, South Africa
Salary
Competitive
Closing date
Feb 11, 2025
View more categoriesView less categories
Job Role
Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Immediately available role: Management and Cost Accountant / Accountant - Cape Town office based - foreshore.
A well established and extremely successfulinternational 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 and teams in Germany. Part of shared services, the finance teams support several entities within this exciting 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 Accountant
The Management Accountant will be responsible for overseeing financial management activities within a manufacturing environment while also supporting group consolidation and reporting across the organization. This role combines strong expertise in cost accounting, financial analysis, and budgeting with the ability to manage financial consolidations for a multi-entity structure. The successful candidate will work closely with the finance team and other departments to ensure accurate and timely financial reporting, cost control, and strategic financial planning across both manufacturing operations and the wider group.
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:
  • Cost Accounting & Manufacturing Finance:
    Calculate and analyse standard costs for products, materials, labour, and overhead within the manufacturing environment
  • Group Consolidation & Reporting:
    • Lead the monthly, quarterly, and annual group consolidation process, ensuring accurate and timely consolidation of financial results for all subsidiaries and entities.
    • Prepare consolidated financial statements in accordance with group accounting policies and applicable accounting standards (e.g., IFRS, GAAP).
    • Ensure that intercompany transactions are properly eliminated, and any necessary adjustments for group reporting are made
Financial Reporting & Analysis:
  • Prepare management accounts, including profit and loss statements, balance sheets, and cash flow statements for both individual entities and the consolidated group.
Budgeting & Forecasting:
  • Coordinate the annual budgeting process for manufacturing operations, as well as group-wide financial planning, including sales, production costs, and overheads.
  • Provide input into the group-level forecast process, ensuring that manufacturing and operational data are accurately reflected
Financial Analysis & Strategic Support:
  • Provide detailed financial analysis on product profitability, cost structure optimization, and capital expenditure planning for both the manufacturing division and the broader group
Education:
  • Bachelor's degree in Accounting, Finance, or related field (essential). Professional accounting qualification (e.g., CIMA, ACCA, ACA) or progress toward qualification is highly desirable.
Required Experience:
  • At least 4-6 years of experience in management accounting or finance, with significant exposure to cost accounting and financial reporting in a manufacturing and multi-entity environment.
  • Hands-on experience with group consolidation, intercompany eliminations, and multi-entity reporting processes.
  • Proficiency in using ERP systems (e.g., SAP, Oracle, Microsoft Dynamics) and advanced Excel skills (pivot tables, financial modelling, macros).
  • Knowledge of IFRS, GAAP, and other relevant financial regulations, particularly as they apply to group consolidation and multi-entity environments.

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