Armaments Corporation Of South Africa (Armscor) Vacancies

Armaments Corporation Of South Africa (Armscor)

Location
Cape Town, Western Cape
Minimum qualification
Bachelor's degree
Closing date

First listed . Last checked at source .

In brief

**Overview** The Armaments Corporation Of South Africa (Armscor) is seeking an Assistant Manager for Management Accounting, a D1 graded position based in Simons Town, Cape Town, Western Cape. This role is responsible for providing project-specific financial management and accounting services. This includes managing budgets, cost control, reporting, and payments to support the successful execution of maintenance, upgrade, and refit projects for SA Naval Vessels. The Assistant Manager ensures alignment with Armscor's financial policies, PFMA regulations, and project objectives, as well as timely payments and communication of invoice discrepancies to service providers. **What you will do** * 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. **Requirements (from the original advert)** * **Qualification**: B-Tech/B-Degree in Financial Accounting/Financial Management/Management Accounting/ACCA/CIMA or similar. * **Experience**: * Minimum 5 years post-qualification experience in Accounting and Auditing. * Minimum of 3 years management experience. * **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. **Who should apply** Candidates should possess a B-Tech/B-Degree in Financial Accounting, Financial Management, Management Accounting, ACCA, CIMA, or a similar qualification. Applicants must have a minimum of 5 years post-qualification experience in Accounting and Auditing, and at least 3 years of management experience. Essential skills include financial accounting, costing, sound knowledge of National Treasury Regulations, GRAP, and PFMA, along with strong report writing, presentation, policy formulation, problem-solving, communication abilities, and proficiency in MS Office. Registration with professional bodies such as SAIPA (South African Institute of Professional Accountants) or SAICA (South African Institute of Chartered Accountants) is an added advantage, as is experience in the defence or public sector environment. Armscor encourages people with disabilities to apply and, in line with its commitment to the Employment Equity Act, preference will be given to suitable candidates from designated groups. **Deadline** 16 November 2026 **Reference** Original posting: https://www.govpage.co.za/vacancies/armaments-corporation-of-south-africa-armscor-vacancies-14 Source: govpage

Summary drafted with AI assistance from the original advert. The advert itself is the authority — how we use AI.

At a glance

  • At least 3 years of experience.
  • Microsoft Office

Extracted automatically from the advert; confirm requirements on the original listing.

Job description

ARMAMENTS CORPORATION OF SOUTH AFRICA (ARMSCOR) INTERNAL ADVERTISEMENT ASSISTANT MANAGER: MANAGEMENT ACCOUNTING REFERENCE NUMBERDY26/10/01 JOB GRADED1 LOCATIONSIMONS TOWN, CAPE TOWN, WESTERN CAPE CLOSING DATE16 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 tocareersdy@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.

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