Sbu Accountant (Management Accountant)

Mintek Pty Ltd.; Gauteng; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading scientific research firm in Gauteng seeks a SBU Accountant to manage financial data and compile annual statements. The role requires analyzing management reports and overseeing budget processes. Candidates should have 3-5 years in management accounting and be proficient in MS Office with project management experience. This permanent position offers an opportunity to contribute to financial governance and efficiency within the organization.

Qualifications

• 3 to 5 years' experience in management and cost accounting environments.
• Computer literacy in MS Windows, Word, and Excel.
• Project Management experience is essential.

Responsibilities

• Manage accuracy of financial data for annual financial statements.
• Analyze management reports per allocated division.
• Compile monthly management packs inclusive of management accounting.
• Control actual expenditure against budgeted CAPEX targets.

Skills

Teamwork

Excellent communication

Organizational skills

Attention to detail

Tools

IFS

MS Windows

MS Word

MS Excel

Job description

Industry :

Scientific, Research & Development

Job category : Budgeting

Location : Randburg

Contract : Permanent

Remuneration : Market Related

EE position : Yes

Introduction

Mintek has an exciting career opportunity for a SBU Accountant (Management Accountant). The candidate will be responsible to manage the accuracy of financial data maintained within the general ledger for the compilation of annual financial statements in accordance with legislative requirements and accepted practice.

All suitably qualified and experienced candidates are invited to apply.

Responsibilities

Draw and analyse management reports per allocated division. Through analysis, ensure that all revenue and expenditure is processed to the correct GL accounts. Where incorrect postings are identified, investigate and correct through journalisation. Establish root cause of incorrect postings and take corrective action to avoid in future incidents. Perform monthly period-end procedures, and related analytical functions when required. Investigate budget variances and report to Mintek management. Compile monthly management packs for SBU's inclusive of management accounting and project information as required.

Budget Management

Provide financial input to divisions with annual budgeting and regular forecasting. Perform trend analysis per division to assist divisions in accurate budgeting. Advise SBU managers on common mistakes. Set-up of divisional budget templates and assist with all budget reviews by giving guidance to divisions and compilation of budget packs. Perform calculation of annual labour rates per division. Provide financial advice to SBU's with determination of cost recovery rates.

Control budget transfers on IFS (Opex vs Capex)

Control and monitor the actual expenditure relating to CAPEX against budgeted CAPEX targets as well as handling issues arising from the CAPEX process related to management accounting and project issues.

Project Administration

Ensure that the SAP Project Administration system is adhered to by reviewing and evaluating processes, ensuring compliance with SOP's. Review individual project establishment through supporting documentation. After establishing compliance with SOP's, release the project on the system. Evaluating and monitoring accuracy of projects through review of planning documentation and actual revenue / expenditure. Review monthly billing of projects and release to FI IFS. Monitor, reconcile and exercise control over SBU financial functions. Review revenue reserves for reasonability and perform sample calculations to ensure that revenue recognition is accurate.

Other

Liaise and co-ordinate with auditors and SBU managers. Completion and submit statutory returns to the South African Reserve Bank and STATS SA. Regular feedback sessions with SBU managers regarding their financials and report to Head : Budget and Project Management. Assist with business improvement and cost reduction initiatives within business units. Liaise extensively with other departments in Finance and within larger company environment.

Qualification and Experience

3 to 5 years' experience in management and cost accounting environment. Computer literacy (MS Windows, Word, Excel). IFS will be an advantage. Project Management experience is essential.

Knowledge, Skills and Abilities

Be able to work in a team. Excellent communication and organisational skills. Attention to detail, ability to follow up and take initiative. Excellent interpersonal skills. Be able to work under pressure. Ability to cope in a stressful and demanding environment. Must have good work ethics to maintain credibility.