Management Accountant

Fpt Group (Pty) Ltd; Cape Town; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A leading financial services provider in Cape Town seeks a Management Accountant to analyze key financial information and aid management's financial decision-making. The ideal candidate will utilize their three years of relevant experience and knowledge of IFRS standards while managing the financial reporting processes and junior staff. Strong analytical and problem-solving skills are essential for success in this role.

Qualifications

• At least 3 years in a similar position is required.
• Knowledge of IFRS standards essential.
• Ability to analyze financial trends and variances.

Responsibilities

• Analyze key financial information to aid management's planning and decision making.
• Ensure accurate and complete cost and income allocations.
• Manage accuracy and completeness of financial reports and submissions.

Skills

Attention to detail

Organization skills

Problem-solving skills

Critical and analytical skills

Communication skills

Job description

A vacancy has arisen in Cape Town for a suitably qualified Management Accountant.

Reporting directly to the Financial Manager, the successful candidate will be a competent, dynamic, highly energetic and assertive professional with at least 3 years in a similar position. The purpose of the role is to analyse key financial information to aid management's planning and decision making.

To ensure accurate and complete cost and income allocations to assist management in operational decision making.

Maintaining and establishing information systems used in the financial reporting process.

KEY RESULT AREAS

• Financial Administration: Providing a margin analysis determining the company's cash flow.
• Managing the accuracy and completeness of cost and income allocations.
• Identifying financial constraints that may impact on the company's performance.
• Calculate and report standard cost recovery rates by commodity, customer, terminal, business unit, etc, and produce profit and loss statements.
• Calculate, monitor, and report actual versus standard rate variances.
• Regularly monitor and review to ensure that the system is in sync in terms of actual and recovered costs and update at least once a quarter.
• Review monthly income statement.
• Attend to internal general financial enquiries.
• Assist Terminal Management with financial management projects.
• Ensure that monthly IDU (Budgeting and Forecasting tool) & Sage ERP reports are accurate and in line with financial policies and business rules.
• Creation and maintenance of product codes to be used within the information systems.

Management of junior staff members.

Shared Services function, assisting with the processing and management of monthly accounting transactions, and SARS submission on behalf of other entities serviced by the Finance Shares Services department.

Common responsibilities include

• VAT Submissions
• Cash Flow reporting and forecasts
• Review operational data
• Review of monthly financial reports
• Reporting: Collate financial data to present to the Financial Manager
• Preparation and submission of accurate management accounts / reports, budgets, and forecasts
• Collecting, analyzing, and reporting information about operational finances to assist the Financial Manager with submission to management
• Analyze financial trends and identify the cost, variances, reasons, and present to the Financial Manager
• Provide administrative support to the Financial Manager by collating financial records for management submissions
• Prepare accurate and up to date costing reports and ensure that all accounts are updated

KEY COMPETENCIES

• Accounting knowledge of IFRS standards
• Financial Reporting
• Planning and strategic thinking
• Business Acumen

REQUIRED SKILLS

• Attention to detail
• Organization skills
• Problem‑solving skills
• Critical and analytical skills
• Communication skills