Jobs Available at Safal Steel

Main purpose of the position:

• Manage management reporting and analysis of the Company’s affairs.
• Support management decision with timely and meaning supply of information with relevant analysis.

The Management Accountant Manager’s responsibilities include:

• MIS – all performance related analysis including Board Pack, Budgets, Daily reports sent to operations, and all Group reports as required.
• Analyse and comment on all yield, variances and performance KPI’s for the plant as required by the business to communicate the performance of the plant daily.
•  Manage the team of Management Accountants, as required by their KPI’s, which include inter alia: o Preparation and timely reporting of various management reports
•  Analysis of Company performance, books of accounts and highlighting control gaps, if any,
•  Identifying and report on areas of improvement in terms of processes, book keeping.
• Budgeting (Long term forecasting & Annual Budget) Budgetary Control
•  Managing the full finance function of the Southern entities (Mozambique, Namibia and Zambia) and supporting the respective Business Head.

Job Responsibilities:

• Conduct a detailed financial analysis, cost assessments and variance analysis to identify opportunities for operational improvement and enhanced profitability.
• Supervise direct reportee’s and ensure timely and accurate inputs are available from them.
• Manage the preparation of annual budgets, long-term financial plans and financial projections.
• Manage the internal and external audits.
• Budgeting (Annual Budget and rolling forecast) and Budgetary control.
• Collaborate with cross-functional teams to develop and implement financial strategies, budgets, and forecasts that align with the company’s objectives
• Monitor and maintain compliance with financial regulations, accounting standards and relevant laws.
• Managing the full finance function of the Southern Entities (Mozambique, Namibia and Zambia) and supporting the respective Business Head.
• Review of manufacturing PIP projects and finance representative at PIP meetings.
• Manage all ITAC and all related assignments required from Finance.
• Review of Tax and VAT computations and returns.
• Bank signatory and related responsibilities
• Adhoc projects as assigned.
•  Ability to work in a team.
• Good leadership, communication, and interpersonal skills.
• Ability to properly interpret, apply and make decisions in accordance with the relevant policies.
• High integrity and judgement.
• An ability to generate trust and build alliances with co-workers.
• Ability to work well with the management team.
• Adapt in developing and maintaining relationship with all stakeholders
• Go-getter approach
• Fluent in written and spoken English
• Computer Literacy
• Advance level proficiency in Microsoft Office (Excel, Word, PowerPoint) is a MUST

Requirements

Education/Qualification & Experience:

• Minimum academic qualification: CA (SA) with big articles
• Qualifications as an added advantage: CIMA qualification

Experience required:

• Proven experience of at least 5-7 years in a manufacturing environment as a Management Accountant or in a similar financial role.
• Proven ability to manage teams, build relationships, work collaboratively with cross-functional teams, influence others, and lead initiatives
• The ability to work with SAP S4 Hana.
• Good understanding of accounting standards (IFRS) and tax legislations.

go to method of application »

Key responsibilities:

Management Accounting and Reporting

• Provide accurate and timely financial management accounts reports, balance sheet, cash flow statement and others finance reports within agreed timelines.
• Reviewing of monthly Flash to ensure accuracy reports with commentaries
• Review product pricing to ensure accuracy.
• Review management reports and analysis of key trends.
• Participate in all reviews of organisational financial performance and take actions for improvement where necessary.
• Conducting in-depth financial analysis to guide decision-making processes, including cost and variance analysis.
• Assisting in the development and execution of financial strategies to support the company's growth objectives.
• Reviewing and analysing cost reports for all plants
• Working closely with the plant controllers to ensure accurate and effective cost accounting systems.
• Liaising with other departments to understand and control production costs through monthly cost reviews.
• Manage monthly forecasting process to ensure submission of timely and accurate profit/loss forecasts including commentary provision.
• Coordinate with HODs for timely Preparation of Board pack, Quarterly review pack and other reports as and when required.
• Support finance head for other financial decision-making matters.
• Regularly conduct meetings with plant controllers for financial improvements
• Assisting with the audit preparation work to allow for timely completion of the annual financial statements and corporation tax returns.

Budgetary & Controls

• Timely and accurate preparation of annual budget. Co-ordination with other Finance Team on timely provision of data for budget preparation
• Monthly analysis of actual and budgeted costs
• Collaborating with cross-functional teams to develop financial forecasts and Annual business plans.
• Liaise closely with budget owners to provide a comprehensive accounting support service, including the provision of financial information, analysis to budget owners and review of business cases.
• Analyse variances and explore potential problems with budget owners, making recommendations and executing those recommendations.
• Identifying opportunities for cost control and efficiency improvements to contribute to the company's profitability.

ERP System Integrity and Audit Responsibilities

• Ensure the accuracy, completeness, and timeliness of financial data within the ERP system (e.g., SAP).
• Collaborate with the relevant Enterprise Business Analyst and finance teams to maintain robust internal controls within the ERP environment.
• Identify and resolve discrepancies or anomalies in ERP-generated reports and financial records.
• Participate as required in ERP upgrades and testing, to ensure alignment with financial reporting requirements.
• Provide training and support to finance users on ERP functionalities and best practices.
• Ensure ERP system processes comply with internal controls and audit requirements.
• Identify and document ERP system risks and recommend mitigation strategies.
• Conduct periodic audits of ERP data to ensure consistency, accuracy, and compliance with financial policies.
• Collaborate with IT and compliance teams to address audit findings and implement corrective actions.

Duties and Safeguard Applications

• Prepare data request and attend to all queries resulting therefrom timeously
• Attend ITAC reviews of data request

Statutory Data Requests

• Completion of statutory data requests from Statistics SA or other related government departments

Technical advice to departments

• To provide required information/reports to other departments as and when necessary
• Provide proactive financial advice to management/finance team and budget owners, actively promoting improved financial awareness.
• Ensure compliance with financial procedures and to ensure a sound system of financial controls.

Requirements

Qualifications required:

• Minimum academic qualification: Bachelor’s degree in commerce, Finance, Accounting or Equivalent
• Professional registration: CA(SA) or CIMA

Experience required:

• General work experience (years): 15 years
• Specific to the position (level/discipline/years): 10 years
• Industry: Manufacturing