Overview of salaries statistics of the profession "Management Accountant in South Africa"

The company is an independent global mobility expert, providing comprehensive services to corporate clients relocating their employees. We manage and broker services through our global partner network and strive to be a true business partner – an extension of our clients’ HR function. We provide one accountable point of contact for HR teams and assignees throughout international relocations.Headquartered in Guildford, UK, The company serves every location worldwide via our regional hubs located in North America, South America, Europe, Scandinavia, Middle East, Africa, Asia and Australia. Managing a global network of over 1,000 specialist approved partners worldwide, K2 specialises in delivering an extraordinarily high standard of service on every assignment.We’re independent, ambitious, entrepreneurial, diligent go-getters and we believe in delivering only the best for our customers. What sets us apart is our people. We employ the best and allow them to be the best they can be.Duties and Responsibilities:Accounting & Transactional:Monthly review and accurate reconciliation to include:All balance sheet accountsProfit & loss accounts with variance analysisMargin analysis of the services delivered by K2Reconciliation of inter-company figuresEnsuring controls, management reports, exception reports are created , produced and reviewed for accuracy and on time.Leading and assisting with statutory audit preparation and ongoing support with auditors during audit periods in conjunction with Finance ManagerLiaising with regional teams to ensure alignment of financials with operational actionsMaintaining the bank accounts, processing and performing monthly reconciliationsPrepayments, accruals and other general ledger journal entriesUnderstanding and developing Sage and other transactional systems reporting and developments to improve controls, performance and efficiencyProcessing employee expensesMonitor, review & oversee AR and AP ledgersReview monthly payment runs with cashflow summaryEnsure reconciliation to transactional systemsSubmission of monthly payroll updates and review of reports before final submissionProcessing payroll journalsMaintaining the fixed asset registerQuarterly VAT/GST returnsP11D’s (UK only) & equivalents GloballyMonthly pension contributions upload into pension portalsBudget and quarterly forecast preparation working with Country Directors and FM/GFCSupporting general day to day queries via email, phone and face to faceAny other requirements of the role as directed by your managerBusiness Reporting & Analysis:Preparing and developing monthly management reportsMonthly Financial reviews and comparisons to Budget and prior year for income statement, balance sheet and cashflowWorking capital analysis and planningPerformance insight related to non-financial drivers eg clients, initiationsExtract data to prepare and develop Management Information and Business Intelligence to act as true business partner to Country Heads, CFO, CEO, etc.Assisting with Group projects such as alignment of financial practices and policies, development of X3 technology, global operations processes, software integration, etc.Completion of specific projects for the Finance ManagerGeneral country business unit finance queriesRequirements:Qualified in CIMA / ACCA or local equivalent (necessary)Knowledge of general accounting procedures and policiesMonth end close and financial statement reconciliations and comparisonsData systems and structuresStrong technical knowledge with accounting systems usage and development e.g. Sage and other related transactional systems and databasesPreparation and development of financial reportingMonth end processes, reviews and controls around financial and management accountingCommercial acumen and desire to support business growth and change managementOrganizing and prioritizing daily/weekly tasksAttention to detail and accuracyAbility to meet deadlinesAdaptable to change and works well under pressureAbility to interpret various types of data and present in formats relevant to the audience(s)Excellent Excel and MS Office skillsKnowledge of accounting software (Sage X3 desirable)Knowledge of working with various currenciesBuilding and developing robust working relations with all K2 colleaguesTeam playerCustomer service skills‘Can do’ attitude and ability to learn quicklyDemonstrate company acumen

Duties and Responsibilities:Able to perform the full accounting functionMaintain forex transactions including the tracking of payments, deliveries and clearing documentationReconciliation of foreign supplier accountsReconcile, maintain and submission of the Waste Management levy (EPR) in conjunction with the senior credit controllerCash book processing and Bank reconciliationsReview of wagesReconcile General ledger control accounts – problem solvingPayments – creditors and cashGeneral admin duties associated with the positionAssistance with the preparation of annual auditAdhere to all deadlines set by managementJob Requirements:Preference will be given to candidates with the following experience and skills:Commerce degree / diploma in Financial Accounting / BookkeepingSAIPA / SAICA articles complete Or 4-5 years’ working experience as a bookkeeper, if no articlesSyspro experience advantageousMS Office SuiteStrong interpersonal skillsStrong administrative skillsGood communication skillsGood time management skillsFriendly yet assertive personalityAbility to work under pressureAttention to detail with a flair for accuracy

We are looking for an experienced Intercompany Accountant for a Global Company in Port Elizabeth.The Inter company Accountant will handle the payables function for all local and foreign creditors to ensure accurate data in the accounts payable system and to make payments according to corporate guidelines.The role will also involve foreign receivables and the collection and offset of these amounts. The role will also involve the reporting and monitoring of all the WIPS and Accruals.The Inter company Accountant will also act as support for the Accounting Manager.Requirements:Bachelor’s degree in accounting or finance5+ Years of experience in finance or accountingCargowise and Freight Industry experience will be advantageous5+ years of experience in an accounting environmentInternational accounting experience a plusExperience operating in a team environmentExperience in both accounts payable and receivable functionsExperience with foreign exchange transactionsMust have good working knowledge of Excel spreadsheets (Advanced Excel abilities)Duties & Responsibilities:Reviewing all invoices for appropriate documentation and approval prior to paymentDeveloping improved payables processes and implementing with approval from the next level managerPosting invoices as needed within company guidelinesReconciling work processed by operations departmentsVerifying entries and comparing system reports to statementsMaintaining accounting ledgers by verifying and posting account transactionsMaintaining historical records by accurate filing of documents and maintaining this systemReconciling accounts receivable and accounts payable with foreign entitiesWorking with intercompany and agents on resolving disputes and settling paymentsWorking with customers from various countries utilizing a broad range of currenciesDeveloping improved processes and implementing with approval from the next level managerReviewing all invoices for appropriate documentation and approval prior to payment of invoicesVerifying entries and comparing system reports to statementsProtecting organization’s value by keeping information confidentialUpdating job knowledge by participating in educational opportunitiesWorking with finance department to ensure smooth workflow and productive environmentServing as a liaison between overseas customers/creditors and internal staff to ensure accounting processes and issues are resolved in a timely mannerUpdating records in Cargowise systemFollowing up on overdue paymentsWorking with management team to set standards and metrics for performanceResponding to any questions regarding accounts payables and accounts receivablesPreparing the reports required by the companies Job Management PolicyRemaining within company guidelines when addressing accounting inquiriesEscalating uncommon, complex issues to the next level manager for resolution when necessaryBrainstorming possible solutions for issues with the accountingPerforming other related duties, as assigned

We are looking for an accountant to join our client, an outsourced cloud-based accounting and business solutions firm at their office in Stellenbosch.Duties and Responsibilities:Manage a bookkeeping teamAssist with calculations and submissionsPreparation and submission of monthly management accountsMonthly Board Report generationDrafting of annual financial statementsRequirements:Completed SAIPA TraineeshipRegistered as a Professional Accountant (SA) (beneficial)1 – 2 years post audit experienceProficient in Xero and CasewareValid drivers licenceFluent in Afrikaans and English

A financial and tax services company that specialises in business valuation, tax compliance, planning, financial reporting and financial training is seeking an Accountant to join their team.As the Accountant, you’d work closely with the Financial Accountant to plan annual financial reporting deadlines and provide guidance on financial accounting, audit requirements, and IFRS applications.R30 000 – R32 000 per month.Minimum Requirements:3 to 5 years minimum experience in financial accounting and audit.Suitable professional qualification and membership of an accounting body is preferred.Experience with Draftworx or similar is required.Duties and Responsibilities:Together with the Financial Accountant, planning and agreeing year plan for annual financial reporting deadlines.Providing guidance and advice on all financial accounting, independent review, and audit requirements.Investigation of queries from staff and clients as to the application of IFRS.The Financial Reporting and Audit Department provides the following services to internal and external clients:Ensuring all financial reports, both for sole proprietors, partnerships, close corporations, trusts, and companies are completed within statutory deadlines.Providing commentaries to the clients to back up the financial statements.Meeting and communication with clients, both internal and external, to manage routine financial accounting matters,Deal with any other queries and research on accounting compliance.Review and/or prepare management reports where required.Review and/or prepare cash flow forecasts where required.Timekeeping and invoice clients for work done.Writing of accountant letters for clients, where required, on various items e.g., Company Solvency.Follow-up with Clients to ensure Annual Financial Statements are accepted and finalised before annual income tax returns can be filed.Attending Workshops / Seminars to ensure required CPD points are obtained and that the FinancialReporting team stays up to date with any legislative changes.

A Travel Management Company is looking for an Accountant to be based in Cape Town.Minimum Requirements:Matric / Grade 12Accounting Tertiary QualificationExperience with Foreign Exchange and understanding of impact thereofSkilled in consolidation, Journals, reconciliation and audit supportAdvanced Excel skillsExcellent communicator and initiatorExperience in Tourism industry is advantageousExperience between 3 – 5 years with, and knowledge of, IFRS, NAMRA, SARS VAT, Insurance Act, Companies Act and Tax

Our well known Transport Company client based in Lindbro Park, Sandton, Gauteng has an opportunity for an experienced Accountant.Must have BComm degree, with completed articlesThe age bracket must be between 25 and 30 years old with lots of potential for development and growth for senior positions e.g. Accounting Manager in the future.The salary package is as follows: Basic Salary from R29 034 to around R37 990 depending on experience and qualifications. The car allowance is R13 831 per month, +fuel allowance, + Provident Fund, & Medical Aid fund.The responsibilities of the Accountant will be quite extensive to ensure that the all-round accountancy duties are performed i.e. Preparing and reviewing reconciliations; focus on financial analysis; ensuring that monthly management reports are generated timeously; assist with management accounts, schedules and queries; preparing financial policies and procedures; assist with year-end functions; responsible for handling of individual company accounts and any other ad hoc assignments / projects which will be assigned from Group Financial Executive and Company Secretary.The ideal candidate must have at least a BCom Degree or an equivalent degree / qualification, a minimum of 5 years relevant working experience in an accounting environment together with relevant IFRS knowledge and experience.Knowledge Required:Accounting backgroundKnowledge of Accounting PracticesKnowledge of IFRS accounting practices and principlesAuditing practices and principlesAbility to Analyse DataCompany policies and proceduresSkills Required:Supervisory skillsExcellent administrative and organisationalCritical thinking skillsAbility to meet deadlinesCommunication skillsGood Interpersonal skillsExcellent time management skillsAdvanced computer skillsAnalytical skillsAttitude:EthicalIntegrityConfidentialDrive and motivationQuality orientedResults OrientedDeadline drivenAttention to detailAccuracyPro-activeCommittedAbility to work under pressure and long hours when necessary

Are you a Management Accountant with experience in manufacturing and production with experience performing a commercial function integrating pricing, costs, efficiencies and profitability internationally with factories worldwide.Our International Client requires a new member to join their team who will be at group level leveraging costing, accounting, and commercial functions to evaluate group performance and identify opportunities for business improvement.Requirements:Matric, Degree in Finance, Accounting, Business Administration, or related fieldStrong management accountant skills, with a minimum of 5 years’ experience in a senior accounting role for a manufacturing business, including prior experience in activity-based costingExcellent project management skills & experience managing complex projectsAdvanced proficiency in Microsoft Excel and financial modellingProven experience in tender management and preparation, demonstrating great attention to detail and accuracy in all tasks and deliverablesGood practical business and financial decision-making skillsAbility to multitask and prioritise tasks effectively in a fast-paced, dynamic environmentIT proficiency in Microsoft Teams, Outlook, and PowerPointWillingness to develop a deep understanding of our product offeringExcellent organisational skills to meet goals and set priorities, including the ability to work under pressure and in new environmentsAbility to deal with operations across the globe in different languages with different cultures and time zonesStrong communication and interpersonal skills, with the ability to collaborate cross-functionally and lead a small teamDuties and Responsibilities:Team Management: Lead and manage and provide guidance for a team of two to ensure objectives are met effectively.Tender Management: Demonstrate meticulous attention to detail in coordinating and completing global tenders for apparel retailers.Cost Management:Ensure the upkeep of essential input cost metrics across all production facilities.Validate adherence to Group frameworks for overhead cost allocation across all global operations.Update raw material costs, labour, and overhead recovery rates annually based on approved expense budgets and capacity plans for all production facilities.Quarterly review of performance against the recovery rates, based on actual quarter-end results, to evaluate the necessity for recovery rate adjustments.Oversee the preparation of quarterly cost driver schedules, encompassing both macro and local economic impacts, to be presented for:Incorporation into all bi-annual and annual contract price adjustments.Consideration by senior management in Group forecasting.Project Management:Manage RFID and Variable Data programme roll-outs, ensuring successful implementation and timely delivery.Manage the development and deployment of new costing modules across the group.Financial Analysis:Ensure tender award pricing is adhered to in respective supply regions, with any deviations falling within specified mandates.Estimate Forward Exchange Contract requirements for RFID inlay purchases on a quarterly basis.

We are seeking a diligent and skilled Senior Accountant to join our client’s finance team. This key role involves comprehensive financial management, including everything from bank and customer reconciliations to managing the fixed assets register and generating customer invoices.The ideal candidate will ensure financial accuracy, engage in strategic planning for financial operations, and maintain strong client relationships to uphold the company’s reputation and financial integrity.R40 000 per month, CTC.Competencies:Exceptional communication skills, both verbal and written.Strong research, numeracy, and numerical reasoning abilities.Capable of high-level verbal reasoning and objective judgement.Excellent time management and attention to detail.Proactive, with an independent work ethic.Minimum Requirements:Bachelor’s degree or diploma in Accounting.Minimum of 5 years of relevant experience.Proficiency in accounting software such as Xero, Pastel Partner, Evolution, and Sage VIP Payroll.Extensive knowledge of eFiling and EasyFile systems.Deep understanding of VAT applicability, tax rates, and financial ratios.Duties and Responsibilities:Conduct detailed bank, customer, supplier, and stock reconciliations.Oversee the preparation and analysis of management accounts.Manage payroll processes, including fringe benefits and allowances in compliance with technical and Bargain Council requirements.Process statutory returns, including PAYE, VAT, and UIF.Assist and guide junior staff on accounting standards and queries.Ensure compliance with all financial regulations and standards.Manage fixed assets and maintain the fixed assets register.Oversee the planning and arrangement of resources to achieve financial objectives.Build and maintain robust internal and external client relationships, ensuring obligations are met on both sides.Identify new revenue opportunities and enhance operational efficiencies.Ensure professional communication across all levels of the organization; responding to inquiries promptly and maintaining client confidentiality.Promote the company brand and values through professional conduct.

We are looking for a dedicated and meticulous Junior Accountant to support our client’s finance department under the supervision of the Senior Accountant.This role is ideal for someone eager to develop their accounting skills in a dynamic, supportive environment. The Junior Accountant will assist with reconciliations, invoice processing, payroll management, and ensuring compliance with financial regulations.R15 000 – R20 000 per month, CTC.Competencies:Strong verbal and written communication skills.Good numeracy and analytical skills.Attention to detail and a high level of accuracy.Ability to manage time effectively and meet deadlines.Proactive and eager to take on new challenges.Ability to work independently and as part of a team.Minimum Requirements:Bachelor’s degree or diploma in AccountingThree years of previous experienceFamiliarity with accounting software such as Xero, Pastel, or similar is advantageous.Understanding of financial principles and willingness to learn more complex accounting rules.Duties and Responsibilities:Assist with bank, customer, supplier, and stock reconciliations.Help in preparing and managing the fixed assets register.Support the generation of customer invoices and management accounts.Assist in processing payroll, fringe benefits, and allowances.Aid in filing statutory returns, including PAYE, VAT, and UIF.Respond to internal and external queries under the guidance of the Senior Accountant.Maintain strict confidentiality and adhere to all professional standards and ethics.Participate in client liaison and maintain professional client relationships.Ensure timely and accurate data entry and financial record-keeping.Support the Senior Accountant in identifying revenue-generating opportunities and improving operational efficiencies.