Management Accountant

Job Description

The Feedem Group seeks to appoint a Management Accountant to provide support to Operations and Heads of Departments by performing complete analysis and reportig in compliance with legistaltive framework. Managing the administration clerk team .

Established in 1975, Feedem is a large contract catering company in South Africa which manages in excess of 300 sites and employs more than 5 000 people ranging from dieticians, chefs and human capital specialists to hygiene experts.

We provide a wide range of catering and associated services to clients in all industries. We customise our catering and services according to their needs. Our services are offered with confidence as everything we do is underpinned by an ethical code and full compliance with all the relevant industry standards and regulations.

We have a country-wide footprint with our head office in Johannesburg, and regional offices in Cape Town, Durban, George, Worcester, Port Elizabeth, Rustenburg, Kimberley and Bloemfontein.

Duties and Responsibilities

Financial Management

• Financial Planning and Budget Management
• Provide support to operations and HODs with the efficient and effective budget planning process.
• Provide guidance with the preparation, capturing and reviewing of the annual budget.
• Controlling and forecasting income and expenditure.
• Ensuring proper standard operating procedures are in place.

Reconciliation

• Reconciliation between the accounting system and the Unit P&L Reports and ensure that adequate

communication takes place and resolve all variances.

• Resolve all variances and differences on the monthly General Ledger account reconciliations together

within the required deadlines for the companies.

• Ensure that monthly reconciliations have been compiled by the required standard.
• Ensure that any balance sheet and control accounts arising out of monthly transactions have been

captured, reconciled and accounted for.

• Review reconciliation of GL Accounts for all division.

Financial Reporting and Audit Process

• Preparation, requesting authorisation and processing of approved monthly journals as and when guide

required in the normal course of business.

• Resolution of queries that might arise during the annual financial and BEE audits.
• Ensure that the monthly financial reports have been compiled, verified and distributed to operations

and management.

• Ensure that all deadlines in terms of financial reporting and submission of reconciliations are adhered

to (financial report monthly and annually).

• Produce monthly Management accounts for presentation to the Group Financial Manager and Group

Management Accountant and whenever required.

Assets and contract management

• Ensure that assets purchased, sold / disposed or transferred have been accounted for on the asset

module.

• Liaising with the operations team on profitability and performance of contracts.
• Ensure that all client contracts and renewals are kept up to date and ensure contracts signed off by

operations.

• Manage communication with creditors department in the resolution of outstanding supplier invoices/purchase orders and credit notes

Accuracy

• Ensuring accurate data when reporting on an ongoing basis

Risk Management and Compliance (standardised)

• Developing and implementing cost-effective financial policies and procedures, as well as mitigating financial

risks.

• Ensure company compliance to legislation applicable to your division (e.g. Bargaining Council, Department

of Labour, COIDA, SARS, etc.)

• Maintain your membership to regulatory bodies / professional bodies if applicable.
• Ensure individual compliance with IFRS

Leading and People Management

• Provide leadership and guidance to direct reports.
• Provide leadership to team members.
• Create a conducive environment which translates into productivity and high morale within the Organisation.
• Inspire direct reports and team members to deliver on key performance areas.
• Lead and manage the end-to-end performance management process for direct reports bi-annually.
• Leading the focus on development and create learning environment, to instil value creation for high value contributors.
• Lead and manage the Talent Management Process within the organisation by identifying successors on key

roles.

• Create and implement strategies in collaboration with HR to evaluate and maintain employee satisfaction

Managing Stakeholders

• Manage Internal and external relationships
• Support and collaborate with all Managers and Heads of Departments within the organisation and

prioritising related requests and proposals with regards to finance.

• Collaborate and manage internal and external stakeholders with functions relating to Feedem Group
• Effective engagement with external key stakeholders and provision of high levels of service.
• Maintains good relationships with internal and external stakeholders by engaging them frequently.
• Consisive and clear communication with relative stakeholders.

Minimum Requirements

• CA (SA) advantageous , CIMA, BCompt, Bcom Accounting or similar degree
• SAIPA OR SAICA registered
• Minimum 1-2 years of experience in service or similar industry
• English / additional SA languages would be advantageous
• Experience with Financial Information System and other Operational Support Systems
• Advanced MS Office proficiency
• Valid drivers license with own transport

Competencies required:

• Business Acumen
• Excellent communication skills
• Performance Driven
• Bugeting and Forecasting

Ability to work under pressure

• Problem Solving and Analytical Skills
• Promotes Collaboration and Stakeholder engagement