Position overview\u00a0<\/p>\n
\tThe Management Accountant is responsible for preparing, analyzing, and reporting financial data to support strategic decision-making. This role plays a key part in budgeting, forecasting, performance monitoring, reporting and cost control. The ideal candidate will have a strong analytical mindset, attention to detail, and the ability to communicate financial information clearly to non-finance stakeholders.\u00a0<\/p>\n
Key Responsibilities:\u00a0<\/p>\n
\tPrepare monthly management accounts, including P&L, balance sheet, and cash flow statements: The duties shall include but not be limited to:\u00a0
\n\tCompile and analyse financial data to produce accurate and timely monthly management accounts that provide a clear picture of the organization\u2019s financial performance.\u00a0
\n\tPrepare detailed profit and loss (P&L) statements, ensuring that all revenue streams and cost centres are accurately recorded and variances from budget or forecast are explained.\u00a0
\n\tProduce balance sheet reconciliations, verifying the accuracy of assets, liabilities, and equity accounts, and resolving any discrepancies.\u00a0
\n\tGenerate cash flow statements and forecasts to monitor liquidity, identify cash shortfalls or surpluses, and support effective cash management.\u00a0
\n\tCompile monthly results presentation for chief executive officer and executive committee.\u00a0<\/p>\n
Develop and monitor budgets, forecasts, and variance analyses: The duties shall include but not be limited to:\u00a0<\/p>\n
\tLead the annual budgeting process by collaborating with department heads to gather operational and financial inputs, ensuring alignment with strategic objectives.\u00a0
\n\tPrepare rolling forecasts to reflect changes in market conditions, business performance, or strategic priorities, enabling proactive financial planning.\u00a0
\n\tPerform regular variance analysis by comparing actual results to budget and forecast, identifying key deviations, and investigating root causes.\u00a0
\n\tSupport cost analysis and recommend cost-saving initiatives.\u00a0<\/p>\n
Collaboration with various departments: The duties shall include but not be limited to:\u00a0<\/p>\n
\tPrepare and deliver accurate, timely, and insightful financial reports by collaborating with different departments to gather financial information.\u00a0<\/p>\n
Compliance: The duties shall include but not be limited to:\u00a0<\/p>\n
\tSupport the planning and execution of internal and external audits by preparing and collating required financial documentation in accordance with audit timelines.\u00a0
\n\tSupport B-BBEE efforts and external audits by collating required documentation from the different departments in a timely manner.\u00a0<\/p>\n
Technical Competencies\u00a0<\/p>\n
\tKnowledge and application of the International Financial Reporting Standards (IFRS), in particular IFRS 9, IFRS 15 and IFRS 16.\u00a0
\n\tPreparation of statutory annual financial statements in accordance with IFRS and the Companies Act.\u00a0
\n\tKnowledge of tax legislation and South African Revenue Service (SARS) submissions to ensure compliance.\u00a0
\n\tExperience calculating and submitting; Income tax, Provisional tax, Value Added Tax (VAT) and Dividend tax returns.\u00a0
\n\tDeveloping junior colleagues\u2019 talent within the team to support succession planning.\u00a0
\n\tPlay a key role in ensuring timely and accurate posting of general ledger journal entries, period close activities, fixed asset accounting, intercompany, production of financial reports, master data maintenance and balance sheet reconciliations.\u00a0
\n\tDevelopment of best practice policies and processes for the finance department.\u00a0<\/p>\n
Education and Experience\u00a0<\/p>\n
\tAccounting Degree\/Equivalent\u00a0
\n\tSAICA\/CIMA\/ACCA qualifications would be advantageous\u00a0
\n\t3-5 years\u2019 experience in accounting or Record to Report (R2R) experience.\u00a0
\n\tExperience with Sage Intacct preferred.\u00a0
\n\tWorking knowledge of Microsoft \u00ae Office Suite especially Excel, Word and PowerPoint.\u00a0<\/p>\n
Skills and Competencies\u00a0<\/p>\n
\tExcellent analytical, problem-solving, and decision-making skills.\u00a0
\n\tExcellent communication, and organizational skills.\u00a0
\n\tAbility to work in a fast-paced, deadline-driven environment.\u00a0
\n\tProblem-solving mindset and strong analytical abilities.\u00a0
\n\tStrong attention to detail.\u00a0
\n\tStrong administration skills.\u00a0
\n\tGood communication skills for interacting with team members, and other stakeholders.\u00a0
\n\tEnjoy working in a team but also can work independently.\u00a0
\n\tBe patient, tactful, diplomatic, and approachable.<\/p>\n
Apply via company website ( http:\/\/www.tmtservices.co.za ) or<\/p>\n
www.linkedin.com<\/p>\n
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