Gaborone

Management Accountant

New vacancy - open to all applications

Overview of role

To manage the cost accounting section so as to provide the Company with an effective cost accounting service

Job description

  • Analyses the Sections Area needs and assist in developing financial budgets to ensure sufficient financial resources according to meet sectional needs.
  • Monitors and controls expenditure of the section Area against the budget to achieve efficient cash flow management and budget effectiveness.
  • General Ledger - Manages and oversees the efficient and effectiveness of financial transactions processing - Performing and reviewing recon"
  • Maintains GL Chart of accounts to enable data integrity and effective reporting.
  • Checks and authorises general ledger journals to ensure accuracy of financial records.
  • Conducts regular reviews to ensure effectiveness of accounting systems, policies and procedure.
  • Compiles detailed project plans for the completion of the annual budget, quarterly forecast and financial year end, issues guidelines, and ensures adherence to plan by regular review
  • Prepares and produces monthly , quarterly and year end reports by careful planning and prioritisation, interpretation of requirements and coordination with relevant parties (Internally and externally)
  • Conducts regular reviews to ensure effectiveness of accounting systems, policies and procedure.
  • Sets reporting standards to provide an effective service and advises business units on the analysis and interpretation of the financial reports produced."
  • Develops and reviews financial polices and ensures compliance, advises management on implications of such policies to ensure sound corporate governance.
  • Reviews total company monthly expenditure and statistical/unit costs reports for the accuracy and reasonableness and highlights areas of concern e.g. by analysing price escalation trends and government statistical publications.
  • Reviews general ledger reconciliations and ensures that corrective action is effected timeously.
  • Checks all relevant input information for journals, authorise and check eventual correct positing.
  • Sets financial reporting parameters to ensure that standards are maintained to enable proper financial record keeping and reporting
  • Prepares systems, templates and communication plans for the budgeting cycle according to set guidelines and standards
  • Coordinates the implementation of budgeting process and produces detailed consolidated annual and quarterly budget and forecast in line with appropriate financial factors to meet business needs.
  • Prepares the quarterly forecast that evaluate the financial impact of any production changes and preparing a presentation for management review.
  • Implement cost effective interventions in the operations through analysis of expenditure , identification of cost drivers and development of appropriate unit cost/KPI's
  • Determines the impact of changes to production plans by expressing these in financial terms, highlighting the impact on costs and alerting management of possible problems or benefits
  • Analyse costs, extract and highlight trends and process necessary adjustment required.
  • Ensures that proper financial controls are adhered to in line with Company policies and procedures by being vigilant in identification of potential deviations.
  • Identify and manage the implementation of and adherence to legislative and corporate governance requirements
  • Interprets and ensures compliance to Group Financial Policies and International Financial Reporting Standards
  • Collaborate with relevant stakeholders in establishing Functional Area specific policies and procedures and make informed decisions and recommendations regarding existing policies. Formulates company financial policies and procedures
  • Investigates and highlights weaknesses in internal controls which may results in financial losses and recommends appropriate action
  • Initiates, monitors and controls short term sectional projects to ensure attainment of desired results
  • Monitors and coordinates the implementation of safety, health and environmental programs in area of responsibility taking cognisance of all legal requirements
  • Manages subordinates' key effectiveness areas by setting, monitoring and reviewing performance and taking remedial action as necessary
  • Implements the departmental talent management initiatives by ensuring the right competence and effectiveness of manpower (capacity building) through developing and implementing career, localisation/succession, training and development plan
  • Implements knowledge management principles through application of tools and methodologies to continuously improve and sustain sectional performance
  • Identifies and implements creative and innovative ideas to continuously improve and sustain sectional performance
  • Responsible for standardisation of delivery to the business by supporting the service management framework
  • Manages stakeholders by co-ordinating the implementation of projects and Service Level Agreements (SLAs)
  • Establishes and maintains Business Partner relationships with all key stakeholders to facilitate the optimal functioning of the functional area

Requirements, Education and Experience

  • Degree in Accounting/CIMA
  • 4 years Accounting experience
  • Registration with the Botswana Institute of Chartered Accountants (BICA)

Location

Gaborone

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