Management Accountant

We see, hear, understand and appreciate every individual in our organisation.

Through empowering our people we deliver on our purpose - The Power of Doing.

Management Accountant Details

Closing Date : 03 / 24

Reference Number : UNI-8

Job Title : Management Accountant

Business Unit / Division : Petroleum

Job Type Classification : Permanent - Normal

Location - Town / City : Milnerton / Cape Town

Location - Province : Western Cape

Location - Country : South Africa

Minimum Education Level : Bachelors Degree | Advanced Diploma

An opportunity has arisen for a Management Accountant responsible for the management accounting function in a division of an organisation.

Includes planning, budgets and forecasts, interpreting financial results, management reporting systems development and reporting.

Minimum Requirements

1. Minimum qualification: 4-year Degree / NQF level 7
2. Experience in a similar role: Up to 5 years
3. Detail oriented and analytical in nature
4. Open and flexible operating style with high transparency
5. Self-motivated with strong organizational and time management skills
6. Must be able to work under pressure and after hours from time to time
7. Ability to prioritize and multitask
8. Capability to supervise and lead admin staff
9. Must be deadline driven
10. Hands-On approach
11. Advanced computer skills on MS Office
12. Experience in Creditors / debtors

Duties & Responsibilities

Financial Reporting:

1. Prepare and present monthly, quarterly, and annual management reports.
2. Analyse financial performance and provide insights to management.
3. Ensure accuracy and completeness of financial records.

Budgeting and Forecasting:

1. Develop and manage budgets for various departments and projects.
2. Conduct financial forecasting and variance analysis.
3. Manage weekly flash reporting.
4. Collaborate with department heads to ensure budget adherence.

Cost Management:

1. Monitor and control operational costs, including fuel, maintenance, and labour.
2. Conduct cost-benefit analysis and identify cost-saving opportunities.
3. Implement cost control measures and track their effectiveness.
4. Manage monthly stock takes and fuel dips.

Compliance and Audit:

1. Support the Head Office in ensuring compliance with local and international financial regulations.
2. Collaborate with the Head Office during internal audits and help address any discrepancies or issues.
3. Ensure company policies are adhered to.
4. Manage fixed asset verifications with relevant managers / departments.

Financial Analysis:

1. Analyse financial data to support strategic decision-making.
2. Prepare financial models and perform scenario analysis.
3. Provide recommendations based on financial analysis.
4. Monitor and analyse contract performance vs Costing and Budget / Forecasts.

Accounts Management:

1. Oversee accounts receivable processes.
2. Ensure timely and accurate billing.
3. Manage accruals, GRN and open PO.
4. Oversight on balance sheet reconciliations for the region and assist in resolving queries.

Stakeholder Communication:

1. Communicate financial performance and insights to senior management.
2. Collaborate with internal / external auditors, tax advisors, and regulatory bodies.
3. Provide financial training and support to other departments.

Policy: We are committed to Employment Equity when recruiting internally and externally. It is company policy to promote from within wherever possible. Therefore, please be aware that internal candidates will be considered first before reviewing external applicants, provided that this supports achievement of our Employment Equity goals.