Management Accountant
Energy, Chemicals
Minimum Requirements
- University bachelor’s degree – Finance/Management accounting
- 3+ relevant years
- BC_Collaborates
- TC_Financial Analysis
- BC_Business Insight
- TC_Financial Planning and Reporting
- BC_Manages Complexity
- BC_Self-development
- TC_Data Collection and Analysis
- TC_Financial Accounting
- TC_Compliance Management
Responsibilities
- Ensure that sound financial management and reporting practices are implemented and applied in the Business Unit.
- Ensures effective, accurate and timely reporting to internal stakeholders. Participates and provides input in business decision making and financial management of the business unit.
- Support the budget owners (cost centre managers) with financial analysis and intelligence in a proactive, positive and constructive manner to facilitate decision making as well as to evaluate the effect of decisions made.
- Prepare monthly reports for your applicable area within the required deadline and present the reports to your Senior Managers/cost centre owners at the monthly cost meetings. The preparation includes reviewing the financial position of the department and providing meaningful variance explanations.
- Scrutinise actual line items to ensure correct cost allocations, classifications and preparing journal entries where corrections are required (account hygiene).
- Evaluate completeness of monthly cost and prepare provision journals as per the work instruction for the provision process.
- Prepare monthly General ledger reconciliations as assigned to you, ensuring they are accurate, complete and prepared timeously for review.
- Validating General ledger accounts used for sundry payments/petty cash and sign as proof of review.
- Monthly recovery of FOB (For and on behalf of) costs, intercompany cost as well as external recoveries (invoicing).
- Provide training to cost centre owners relating to SAP and power BI reports (where required).
- Maintain SAP master data at cost centre level and cost types used.
- Attend to ad-hoc requests efficiently and on time.
- Give guidance to cost centre owners in terms of budget and forecast guidelines and requirements.
- Accurate cash flow forecasts presented within agreed deadlines.
- Prepare and analyse financial information received for budgets and forecasts.
- Update SAP budget system with budget and/or forecast figures.
- Ensure accurate budget and forecasting is delivered and is aligned to guidelines and targets.
- Present and confirm accuracy and completeness of SAP data to cost centre owners.
- Perform variance analysis against budget, prior year, and forecast.
- Submit budget/forecast information timeously to Manager: management accounting.
- Timeously obtain cost drivers from your stakeholders for cost recoveries (recovery model), where applicable.
- Ensure all account hygiene corrections have been processed and no pre-payments and capital items are part of operating expenses (opex).
- Ensures all accruals and provisions are accurate, valid, and accounted for.
- Prepare disclosure schedules as assigned to you for year-end pack completion.
- Ensure all activities are strictly in adherence to communicated timelines.
- Analytical review of half year end/year end results.
- Strong knowledge of SAP will be advantageous, including but not limited to processing of invoices.
- Complete all monthly activities as per timelines.
- Cross functional collaboration and teamwork critical.
- On-the-job training to and from team members.
- Custodian of governance in assigned area, adhere to IFRS and Accounting manual.
- Capable of presenting cost reports at monthly cost meetings.
