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ARMAMENTS CORPORATION OF SOUTH AFRICA (ARMSCOR)
INTERNAL ADVERTISEMENT
ASSISTANT MANAGER: MANAGEMENT ACCOUNTING
REFERENCE NUMBER DY26/10/01
JOB GRADE D1
LOCATION SIMONS TOWN, CAPE TOWN, WESTERN CAPE
CLOSING DATE 16 NOVEMBER 2026
ABOUT THE JOB:
To provide project-specific financial management and accounting services by managing budgets, cost control, reporting, and payments to support the successful execution of maintenance, upgrade, and refit projects of SA Naval Vessels. This role ensures alignment with Armscor's financial policies, PFMA regulations, and project objectives, while also ensuring timely payments and communicating invoice discrepancies to service providers.
QUALIFICATION
• B-Tech/B-Degree in Financial Accounting/ Financial Management/ Management Accounting/ACCA/CIMA or similar
Registration with the following professional bodies will be an added advantage:
• SAIPA (South African Institute of Professional Accountants)
• SAICA (South African Institute of Chartered Accountants)
EXPERIENCE
• Minimum 5 years post-qualification experience in Accounting and Auditing
• Minimum of 3 years management experience
The following is an added advantage
• Experience in the defence or public sector environment
CRITICAL PERFORMANCE AREAS
The incumbent will be responsible to perform the following functions but not limited to;
• Manage project budgets, expenditure, and cost control to ensure alignment with approved funding.
• Prepare and maintain project budgets, forecasts, cash flow projections, and financial models.
• Monitor budget performance against actual expenditure and analyse variances.
• Reconcile project budgets, commitments, and general ledger accounts accurately.
• Prepare financial journals, accruals, adjustments, and budget submissions.
• Provide financial reporting, variance analysis, and funding insights to management and stakeholders.
• Process and validate supplier and contractor payments in compliance with organisational policies.
• Review invoices, claims, and supporting documentation to ensure accuracy and correct funding allocation.
• Liaise with suppliers, contractors, and project teams to resolve payment and invoice discrepancies.
• Support audit processes, funding reconciliations, and project financial compliance reporting.
SPECIAL PROFICIENCY/SKILLS
• Financial Accounting
• Costing
• Sound knowledge and ability to apply National Treasury Regulations, GRAP and PFMA
• Strong report writing skills
• Good presentation skills
• Policy formulation
• Strong problem-solving skills
• Excellent communication skills
• Proficient in the use of the full MS Office package
To apply, send your Curriculum Vitae to careersdy@armscor.co.za
NB: All applicants must indicate reference number of the position they are applying for in the subject heading.
Short-listed candidates will be subjected to reference checking, verification of personal data and security clearance as part of the selection process. In line with Armscor’s commitment to compliance with the Employment Equity Act, preference will be given to suitable candidates from designated groups.
People with disabilities are encouraged to apply.
