Management Accountant

- To provide a professional accounting service to designated business units enabling cost effective financial planning and control within the company.

QUAIFICATIONS AND EXPERIENCE

- Matric/ Grade 12 Essential
- BCom Accounting Management or an NQF level 7 equivalent is required
- Minimum 3 - 5 years' experience in a chemical manufacturing environment within an accounting or financial management role

POSITION OUTPUTS
Support Line Manager in facilitating financial planning and reporting of the business unit:

- Coordinate and consolidate the business unit's budgets and financial business plans
- Provide input into the consolidated budget for the business unit
- Management of budgetary process for business units and cost centers
- Assist with target setting through analysis, scenario planning and feasibility studies for the business units
- Monitor the budgeting process from start to finish in order to ensure that all the internal deadlines are adhered to
- Examines income and proposed expenses to ensure that business units break even or better the bottom line
- Manages revenue and expenditure effectively by conducting in year monitoring of budgets vs actuals
- Provide a financial consulting and controllership service for the business unit
- Maintain reporting in line with accounting principles
- Attend to statutory matters (Annual Financial Statements and Taxation)
- Recommend and Implement reporting changes according to accounting requirements

Facilitate financial planning and reporting of all other business units:

- Conduct month-end costing and variance analysis for the business unit
- Management reporting, variance analysis and resolution
- Management accounting service for all other the business unit

Provide Financial Advice and Consulting:

- Receive a request for advice/consultation and analyze to determine the nature and extent of the advice/consultation to be provided
- Identify advice/consultation opportunities during the execution of outputs:
- Possible problems
- Pro-active identification of problem areas
- Advice on financial control and processes
- Financial studies, e.g. Feasibility Studies
- Determine the outcomes of the advisory/consultation process in collaboration with the requestor's needs to ensure customer satisfaction
- Identify the information or resolution required by the relevant role players
- Agree to the time frames for execution of advice/consultation actions
- Conduct the appropriate research to obtain the necessary information required
- Escalate the problem to the relevant role players for resolution and monitor to ensure that advice/consultation is provided within the allocated time frames
- Conduct meetings with the appropriate role players or regulatory bodies to ensure that all relevant information is supplied
- Compile a preliminary report reflecting:
- Recommendations
- Risks
- Organizational position
- Set up a meeting with the requestor and associated role players to discuss recommendations and findings
- Set up action plans in collaboration with the requestor and associates role players to implement the required actions
- Provide expert advice/consultation to ensure compliance to the legal framework
- Compile a final recommendation report for the implementation of the actions and its requirements
- Assist the appropriate parties with the implementation of the required actions
- Monitor the implemented actions to ensure correct execution and legal compliance
- Archive the final report is archived for future reference purposes in accordance with the documentation management system requirements
- Provide advice/consultation in accordance with policies, procedures and legal requirements;
- Complete advice/consultation actions within the allocated time frame

Conclude Month-End Procedure:

- Conduct assessment of financial information
- Allocate/reallocate costs/transactions