Management Acountant

Confidential; Midrand; On-site; ZAR 400 000 - 800 000; Full time

Job summary

An established industry player in pharmaceutical distribution is looking for a skilled Management Accountant to enhance their financial operations. In this pivotal role, you will manage general accounting and commercial functions, ensuring accurate reporting and compliance. Your expertise will guide the preparation of management accounts, oversee month-end processes, and facilitate communication with budget holders. This position offers the opportunity to lead budgeting efforts and collaborate across departments, making a significant impact on the organization's financial health. If you have a strong accounting background and excellent analytical skills, this role is an exciting next step in your career.

Qualifications

• 5-10 years of accounting experience in public or private sector.
• Proficient in MS Office and applicable accounting software.

Responsibilities

• Prepare monthly management accounts and lead the month-end process.
• Review bank reconciliations and support as required.
• Lead the annual budget process and liaise with departments.

Skills

Leadership Skills

Analytical Skills

Problem-Solving Skills

Client Relationship Management

General Accounting Principles

Financial Management

Education

Qualification in Business Finance

Professional Accounting Qualification (ACA, ACCA, CIMA)

Tools

MS Excel

Accounting Software

Job description

Our client, a pharmaceutical distribution company based in Midrand, is seeking a Management Accountant to join their team.

The purpose of the role will be to manage the overall general accounting and commercial functions of the organisation. The Management Accountant will oversee, implement, and maintain accounting systems, procedures, and policies. This position ensures the accurate compilation, analysis and reporting of accounting data and acts as liaison between the company, government, client, and CPA auditors in providing required information.
Key Responsibilities:

1. Responsible for preparation of monthly management accounts
2. Leading the month-end process, including preparation of management accounts, investigating any discrepancies in the accounts, providing commentary and variance analysis
3. Performing the month-end procedures in the accounting software
4. Review month-end tasks performed by commercial managers, including cash flow analysis, FX postings, accruals and prepayments, fixed assets etc.
5. Running weekly timetable meetings with the team to ensure all tasks are completed in a timely manner
6. Preparation of monthly and quarterly balance sheet report and related commentary
7. Presenting results at quarterly meetings with budget holders
8. Leading the annual budget process and year-end forecast by liaising with colleagues in other departments
9. Providing information to budget holders upon request
10. Reviewing weekly/monthly bank reconciliations and providing support as required

Requirements:

1. Qualification in Business finance or Accounting
2. Recognised professional accounting qualification such as ACA, ACCA, CIMA and National Tax Diploma an advantage
3. 5-10 years of accounting experience in public accounting or private sector
4. Proficient using MS Word (i.e. Excel, PowerPoint, etc.) as well as applicable accounting software
5. Thorough knowledge of general accounting principles including application of general accounting theory
6. Strong leadership and proven supervisory skills
7. Ability to develop and maintain strong client relationships
8. Exceptional analytical and problem-solving abilities
9. Ability to work and interact with department and client organizations
10. Sound knowledge of financial management, Balance Sheets, Cash flow, Income statements and SA market economy
11. Good understanding of business and financial issues

Desired Skills:

1. Management Accountant
2. Financial Manager
3. Accounting
4. Financial Services
5. Pharmaceuticals
6. Midrand