Asst Management Accountant (Ref: MEAMA)

Position in the Financial sector in Durban - Kwa- Zulu Natal
Posted On Tuesday 30 June 2020
Job Description:

A company in Durban is seeking an Assistant Management Accountant to join their team


Main job function

Product Costings: Analyse raw materials expected costs reports to purchasing for review and to adjust where necessary

Ensure all costs are same in all warehouses

Compare closing stocks and opening stocks for the new month and perform a reasonability check on the 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

Produce summary variances report for the management pack

Record and report on all non-conformances

Record and report on electricity and water usages

Ensure all other utilities are correctly recorded and reported

Stock Counts and Adjustments: 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 and investigate variances

Ensure all expenses are recorded in the month

Budgets: Assist with budgets for all departments

Reporting: Preparation of packs (prints cut and stick labels)

Binding of packs

Ensure all stock related reports are performed accurately and on time for the Management Pack

ERP Admin: Month end closing of inventory module

Balance Sheet Recons: Perform allocated balance sheet recons within specified time

Statutory Reports: Stats SA quarterly submissions-manufacturing

Adhoc Duties: As and when assigned. The tasks will be reasonable and will fall within skills and capabilities


Bachelor's degree in Management Accounting or CIMA


3 Years in a similar role



A Consultant will be in touch if you are shortlisted for the position.  Please consider your application unsuccessful should you not have been contacted within 2 weeks.  We will keep your CV on our database and contact you should you match the criteria of any other vacancies.


Please contact Melanie Els