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Management Accountant

Management Accountant

Tower GroupCato Ridge, South Africa
30+ days ago
Job description

Our client, a leader in the steel / manufacturing industry is seeking a highly experienced Management Accountant to join their team based in Cato Ridge.

MINIMUM REQUIREMENTS

  • Minimum academic qualification : Bachelor’s degree in Commerce, Finance, Accounting or Equivalent
  • Professional registration : CA(SA) or CIMA
  • General work experience (years) : 15 years
  • Specific to the position (level / discipline / years) : 10 years Manufacturing
  • Well versed with MS Excel and Power point.
  • SAP S4 HANA IT Software applications
  • Outstanding knowledge of electronic spreadsheets

MAIN JOB FUNCTIONS

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.
  • 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.
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    Management Accountant • Cato Ridge, South Africa

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