Management Accountant

RESPONSIBILITIES

Financial Management & Control

Work within established systems to deliver prescribed outcomes for a designated

area of financial control. Able to monitor and control expenditure. Able to

interpret the impact of unusual figures identified by analytical review. Able to

prepare budgets and forecasts in cooperation with senior managers.

Data Collection & Analysis

Anomalies are identified and then investigated together with financial

accountants to ensure processing is

complete and accurate. If the investigation does not yield

satisfactory results, the management accountant proceeds to investigate the

source of data Analyse financial

data, extracts and define relevant information. Interpret data for the purpose of

determining past financial

performance and forecast preparation by business unit and consolidation into

personal lines.

Cost Accounting

Conduct complex analyses of costs for a significant part of the business to

identify variances, suggest efficiencies, and increase profitability. Perform ratio

analysis as well as the interpretation of variances eg. surplus ratio, claims ratio,

expenses ratio, and other cost accounting metrics.

Budgeting & Costing

Deliver a budget for an area of the organisation or conduct complex analyses on

budget progress in other areas of the organisation. Running staff lists to ensure

each business unit / cost centres have the correct allocation. Budget system

management. Assist heads with population of templates.

Liaise between key stakeholders in order to ensure that the budget is accurate

and follows logic.

Provide instruction and answer questions relating to budget procedures.

Identifies budget issues, provide alternative solutions, and resolve problems.

Manage the various budget iterations between heads and exco expectations.

Operational Compliance

Follow a range of mandatory procedures to ensure that work is carried out to the

required quality standards and/or to ensure adherence to external regulatory

codes and internal codes of conduct.

Insights and Reporting

Prepare and coordinate the completion of various financial reports.

Personal Capability Building

Keep abreast of laws and regulations that apply to this particular function or field

of professional expertise, maintain up to date compliance.

BEHAVIORAL COMPETENCIES

Financial Acumen

Interprets and applies key financial indicators to make better business decisions.

For example, provides rich and rigorous forecasts of the financial implications of

ideas and opportunities. Makes well-balanced decisions regarding expenditures

that take into account multiple considerations.

Manages Complexity

Makes sense of complex, high quantity, and sometimes contradictory information

to effectively solve problems. For example, consistently looks at complex issues

from many angles, obtains a rich and deep understanding; swiftly cuts to the

core issue; skilfully separates root causes from symptoms.

Plans and Aligns

Plans and prioritizes work to meet commitments aligned with organizational

goals. For example, outlines clear plans that put actions in a logical sequence;

conveys some time frames. Aligns own work with relevant workgroups. Takes

some steps to reduce bottlenecks and speed up the work.

Instills Trust

Gains the confidence and trust of others through honesty, integrity, and

authenticity. For example, is consistently honest and straightforward, shares

uncomfortable information in a clear and helpful manner. Maintains high ethical

standards and professional codes of conduct.

Ensures Accountability

Holds self and others accountable to meet commitments. For example, tracks

performance and strives to remain effective, learning from both successes and

failures. Readily takes on challenges or difficult tasks and has reputation for

delivering on commitments.

Balances Stakeholders

Anticipates and balances the needs of multiple stakeholders. For example,

ensures that own efforts meet the needs and requirements of internal and

external stakeholders. Works to identify all relevant issues and satisfy the

interests of multiple stakeholders during the decision-making process.

Optimises Work Processes

Knows the most effective and efficient processes to get things done, with a focus

on continuous improvement. For example, uses metrics and benchmarks to

monitor accuracy and quality. Takes steps to make methods productive and

efficient. Promptly and effectively addresses process breakdowns.

Communicates Effectively

Develops and delivers multi-mode communications that convey a clear

understanding of the unique needs of different audiences. For example,

disseminates knowledge, insights, and updates in a polished, precise, and

compelling manner. Demonstrates a deep interest in others' comments. Creates

rich documents and reports.

Being Resilient

Rebounds from setbacks and adversity when facing difficult situations. For

example, has excellent composure and professionalism, even in very difficult

situations; acts as a steadying force or role model for others. Skillfully

overcomes obstacles, learns from failures, and uses these lessons to improve

subsequent efforts.

Collaborates

Builds partnerships and works collaboratively with others to meet shared

objectives. For example, readily involves others to accomplish goals; stays in

touch and shares information; discourages "us versus them" thinking; shows

appreciation for others' ideas and input.

General Education

Bachelor of Commerce Degree (Essential); Bachelor of Commerce

(Management Accounting) or CIMA Qualification (Advantageous)

General Experience

Minimum 2 years’ Financial Management Accounting experience

2 years’ Financial Services background (Advantageous)