South Africa

Business Unit Accountant, Durban, South Africa

Business Unit Accountant, Durban, South Africa
Description

Role Overview

An established and fast-paced manufacturing environment is seeking a Business Unit Accountant to take ownership of financial management, reporting, and operational finance functions within the business unit.

This role is ideal for a hands-on finance professional who thrives in a dynamic environment and enjoys partnering with operations to drive performance, improve controls, and support strategic decision-making.

Key Responsibilities

Financial Management & Reporting

  • Prepare and analyse financial reports, management accounts, and weekly sales reports
  • Monitor financial performance and investigate variances against budget and forecast
  • Maintain and update the ERP system and general ledger
  • Prepare journals, provisions, accruals, and reconciliations

Costing & Analysis

  • Perform product costing and profitability analysis
  • Investigate purchase price variances (PPV) and recommend improvements
  • Analyse gross profit margins and identify distressed products
  • Support pricing decisions and cost recovery initiatives

Budgeting & Forecasting

  • Prepare and manage operational budgets and forecasts
  • Track performance and provide insights to support business planning

Cash Flow & Working Capital

  • Manage cash flow, working capital, and daily cash positions
  • Oversee creditors, payments, and banking processes
  • Review debtors ageing and ensure timely collections

CAPEX & Fixed Assets

  • Manage CAPEX processes, including ROI calculations and approvals
  • Maintain fixed asset registers and monitor spend vs budget
  • Track tooling and capital project performance

Compliance, Audits & Controls

  • Ensure strong internal controls and corporate governance
  • Prepare for internal and external audits, including year-end processes
  • Manage statutory returns (VAT, PAYE, UIF, etc.)
  • Identify and mitigate financial risks, including fraud prevention

Stock & Operational Support

  • Oversee stock control processes and investigate variances
  • Support operational teams with financial insights and analysis

Minimum Requirements

  • Grade 12 (Matric)
  • BCom Degree or Diploma in Accounting / Finance or related field
  • Minimum 2+ years' experience in a finance or accounting role
  • Experience in a manufacturing or plant environment is advantageous
  • Strong knowledge of ERP systems (e.g. BPCS or similar)

Key Skills & Competencies

  • Strong analytical and problem-solving ability
  • High attention to detail and accuracy
  • Solid understanding of financial controls and reporting
  • Ability to work under pressure and meet deadlines
  • Advanced Excel and MS Office skills
  • Strong communication and stakeholder engagement skills

 

Only shortlisted candidates will be contacted. Should you not receive a response within 14 days please consider your application unsuccessful. We will keep your CV on our database for any other relevant roles that may arise.

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Business Unit Accountant has been posted in the Durban Accounting, Financing & Banking category on Locanto.

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