17 Dec '20
Management Accountant (3 Month Contract)

Finance & Insurance, Gauteng Gauteng

market - related

A Leading Chemical Manufacturing Company has a contract position for a Management Accountant


Job Purpose:

  • To ensure the efficient functioning of the Finance function.
  • To coordinate and consolidate the process of management reporting that provides accurate and useful information to management to assist in planning, organizing and controlling the efficient running of the organization.
  • To ensure that financial practices are controlled in line with statutory and professional prescriptions.  
  • To provide the first line support to all the operations in improving and optimizing their business processes.
  • Manufacturing Costing.

Key Responsibilities:


Indirect Management of staff:

  • Responsible for the management of the individual operations finance teams to ensure sound service delivery to customers
  • Responsible for ensuring that applicable training and development needs are identified within the individual operations finance teams
  • Responsible to ensure that effective tracking systems are in place to ensure that work is performed in accordance with instructions and/or guidelines, and to enhance productivity and ensure appropriate motivation and satisfaction levels of staff.


Management Reporting:

  • Responsible for the consolidation and analysis of management accounts, assessing reasonableness, and providing commentary as a source of management information
  • Responsible for maintaining 5 year histories
  • Responsible for generating, maintaining, and analysing statistics as a source of management information
  • Responsible for consolidating Board Reports and preparing required information for the meeting
  • Responsible for monitoring and analysing actuals vs. forecasts and budgets
  • Responsible for the continued improvement of the financial reporting process
  • Maintenance of all changes on all reporting files
  • Resolving all reporting queries raised by management
  • Responding to all queries raised by the Group Division


Process Improvement:

  • Responsible for monitoring, exploring and investigating the functioning of financial systems, practices and procedures with the view to identifying inefficiencies that hamper service delivery
  • In this process, responsible for establishing end user satisfaction by assessing their needs
  • Responsible for conducting benchmarking and best practice analyses in order to gain an overview of developmental or optimisation possibilities
  • On the basis of these analyses, responsible for accessing or new implementations which could lead to substantial improvements in business efficiencies, including speed of operations, resources required to perform work and customer satisfaction
  • Responsible for ensuring that systems are designed to operate in cost effective ways to maximise the competitiveness and profitability of the business
  • In pursuance of meeting statutory, professional and corporate governance criteria, responsible for seeking ways to design systems so that errors, omissions or deviations can be easily identified and corrective actions easily implemented
  • In the process of implementing financial value chain improvements, responsible for ensuring that sound change management practices are adhered to in order to ensure the acceptance and continuity of the new implementations


Budgeting and Forecasting:

  • Responsible for ensuring that the strategic financial management of the division, with regard to budgeting and forecasting, are managed in order to ensure organisational efficiencies and the competitive position of the business
  • Against this backdrop, responsible for planning, organising, coordinating and controlling the budgeting process in order to gather valid and reliable information on time from all the stakeholders to serve as inputs into this process
  • Responsible for the consolidation of the budget and its submission to the Group Division for approval
  • Responsible for drawing up the departmental budgets in line with the strategic objectives of the function
  • Responsible for monthly management of the budget by monitoring departmental income statements and the general ledger.
  • Responsible for sound financial management by ensuring that costs are allocated to appropriate cost codes
  • Responsible for reporting on the financial position of the department to account for under and over expenditures


Business Unit Functions:

  • Regular visits to the site
  • Query management with these operations
  • Provide training where required
  • Provide guidance and assistance to all finance teams
  • Investigate ways of improving and streamlining business processes
  • Collect, consolidate and review all Balance sheet Recons and Schedules on a monthly basis from all  operations
  • Collect and consolidate all Cash Flow Forecasts on a monthly basis from all operations
  • Collect and consolidate all Capital Expenditure Reports on a quarterly basis from all operations
  • Collect and consolidate all Insurance policy requirements on an annual basis from all operations


Audit:

  • Availability to auditors during audit in respect of relevant responsibilities
  • Provide support to all operations in preparing audit packs and in resolving audit queries
  • Ensure management accounts and audit pack balance after audit process is finalized
  • Coordinate annual internal audit process with all operations and the internal auditors


Requirements:


Education:

  • BCom Accounting Degree
  • Audit Articles


Systems:

  • MS Office (MS Excel, Advanced)
  • ERP System (Pastel Evolution, Microsoft AX Dynamics)


Working experience:

  • 5 years relevant experience

 

Knowledge & skills:

  • Excellent verbal and written communication
  • Excellent administration and organizational skills
  • Excellent interpersonal skills
  • Analytical
  • Computer literate


Key attributes:

  • Accountability
  • Attention to detail
  • Client Centricity
  • Initiative
  • Integrity
  • Teamwork
  • Organizational awareness
  • Assertive
  • Resilience
  • Flexibility and Adaptability

 

Candidates that meet the criteria may submit their applications via this portal or via vacancy link on www.mnarecruitment.com

Should you receive no feedback within 7 days, please accept your application as unsuccessful.



Ad Visible Until: 29 January 2021
Ref: DBN002834/SS

Vacancy Type: Permanent