Management Accountant
Overall responsibility: Accountable for the company's compliance with GAAP/IFRS requirements
Responsible for the preparation of monthly financial reports and the analysis of key financial information to optimise planning and cost management and drive performance to strategy requirementsEnsure compliance on fiscal, POPIA, BBBEE and EE compliance requirements
Assist with annual budget and mid-year forecast preparation to deliver the company strategy
Annual external audit responsibility: Financial, BBBEE
Main responsibilities of Focus Area:Key financial responsibilities: Driving the month-end procedures and timing within the finance team as well as the company
Oversee and control the processing of general journals: accruals and provisions
Prepare/review balance sheet reconciliations and ensure accruals are cleared within the set timeframeContinuous review of month-end processes to drive improvements to the management pack and reduce the time to close the month-end
Timeous presentation of the monthly management pack and balance sheet for FE review
Publish condensed management pack for CEO review
Create finance presentation with FE
Monthly month-end procedure review meeting to drive improvements and resolve issues that impacted negatively on the month-end
Budget performance reports to budget managers, driving adherance to budget/forecast in place
Commercial reporting: Prepare commercial Customer and Product Profitability reports
Maintain reports and implement improvements where identified
Regulatory compliance:Ensure the business adheres to local tax laws in terms of tax compliance and payment submissions where VAT, Income tax, payroll tax and corporate tax are concerned
Develop and implement financial reporting to align with the relevant accounting standards such as IRFS and GAAPPreparing and manage external audits.
Manage the BBBEE and EE reporting requirements with the various stakeholders in the company to ensure on time submission as required
Develop and grow knowledge base of BBBEE and EE requirements and make recommendations to the business to contain risk and improve ratings
Develop and grow knowledge base of POPIA requirements and ensure legal compliance is in place throughout the company
Insurance: Collaborate with external insurance brokers in consultation with management to negotiate the best terms.
Understand the insurance coverage and requirements and related products available in terms of Property insurance, Liability insurance, Business interruption insurance, Cyber liability insurance and Vehicle insurance. Understanding the financial implications of the different types of insurance on cost and financial statements
Develop process to ensure that insurance premiums, claims, and liabilities are properly reflected in the financial statements
Year end and AFS: Publish and control the year end close off procedures
Ensure audit requirements are obtained and complied with prior to audit commencementManaging on site audit and drafting of AFS
Fixed asset register: Manage fixed asset register on Evolution and ensure asset files are up to date
Maintain wear and tear schedule
Ad hoc/Budget: Involvement with project implementation if required
Annual budget preparation and upload on financial system
Requirements of the RoleB Comm (Acc)/ CA or relevant qualification
Minimum 5 years' experience in a management accountant roll
Strong team management experience
Project implemetation experience as project lead
Skills/Competencies RequiredLeading and motivating a team.
Managing conflict in the team and building a team spirit
Encouraging team decision making and provide opportunity to the team to give feedback
Strong interpersonal communication
Good time management skills
Strong analytical abilities
Adaptable and not adverse to changes
Spreadsheet proficiency
Deadline driven
Please note, if you don't hear back from us within 3 weeks please consider your application unsuccessful.