Management Accountant Mr Price Money

Mr Price; Durban; On-site; ZAR 400,000 - 600,000; Full time

Job summary

Mr Price is seeking a Management Accountant to oversee financial operations, budget preparation, and performance analysis of stores. The role involves ensuring profitability through effective budgeting, feasibility studies for new stores, and financial reporting, requiring a relevant accounting qualification and experience in a similar role.

Qualifications

• 3-5 years' experience in management accounting or completed articles required.
• Preferably a CA or CIMA qualified with Honours in Accounting.

Responsibilities

• Set annual budget and review monthly performance updates.
• Conduct feasibility studies for new stores and assess performance.
• Compile, analyze and produce financial reports and budgets for decision making.

Skills

Budgeting

Forecasting

Data Analytics

Financial Reporting

Education

Degree & Honours in Management Accounting

Chartered Accountant (CA)

CIMA | Honours in Accounting

Job description

What does a Management Accountant do? They liaise with operations on international financial matters, determine and set the annual budget for stores, perform feasibility studies for new / proposed stores and determine the pricing matrix for stores so as to reach the forecasted profit margins while acting as the link between Operations and Finance.

Budgeting and Pricing : Set the annual budget for Telco entities and review monthly performance and update the forecast accordingly.

Forecasting and Feasibility :

• Assess feasibility studies for new / proposed stores to determine if stores should be opened or not.
• Perform country feasibility studies on volatile markets - to determine if stores should be closed or not.
• Prepare monthly analysis of store performance to feasibility / budget.
• Prepare monthly board pack submission of new store performance.

Signing off of payments : Signing off of payments related to clearing, duties, rent, expenses, import suppliers, PAYE and online payments so as to ensure payments are made on time, any queries regarding payments raised of necessary.

Price matrix for all stores : Review the price matrix for all stores in order to track the forecasted profit margin of product mix.

Processing of journals and assessing financial data of Powercell / Cellular.

Compilation of GMB (General Management Booklets)

IFRS 16 preparation of data for journal entries to be processed.

Data Analytics

Income statement Management : Compile, analyse, forecast and produce a variety of financial reports and budgets in order to provide information to relevant parties for review and decision purposes for Cellular / Powercell.

Admin :

• Assist with investigating internal queries on financial reporting and disclosure packs / budgets to ensure queries are resolved timeously.
• Document of SOPs
• Adhoc tasks
• Degree & Honours in Management Accounting / Chartered Accountant preferred. CIMA|Honours in Accounting will be considered
• 3-5 years’ experience management accounting experience (or finished articles)

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