Accountant, Refinery and Fabrication, Johannesburg – Ref: 634872-30

  • Certificate
  • Johannesburg,
  • Posted 7 months ago
  • This position has been filled
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Ref: 634872-30

Job Description:

Preference will be given to a candidate that has a completed matric qualification and a tertiary qualification in Management Accounting/CIMA.

Our client is currently sourcing an Accountant to take responsibility for moderately complex accounting activities relating to the maintenance of complete and accurate general ledgers. This position prepares managerial reports, financial statements and supports the management accounting reporting cycle by preparing management reports and analysing variances.

Having been in operation for almost a century our client has grown from a local refiner to a globally recognised precious metals leader. They received global accreditation and international referee status.
They enjoy exceptional long-term loyalty from their people – their family; all with outstanding talent and immense experience.

Position details:

Type: Permanent
Primary purpose: The purpose of this role is to take responsibility for moderately complex accounting activities relating to the maintenance of complete and accurate general ledgers. This position prepares managerial reports, financial statements and supports the management accounting reporting cycle by preparing management reports and analysing variances.

Major responsibilities:

  1. Management accounting:
  • Effectively manage support team to ensure all transactions are captured in SAP as per agreed time-table by providing regular feedback to users on progress and to work closely with the management accounting office.
  • Manage end-to-end (create, maintain, close-of) accuracy of capital projects lifecycle on SAP.
  • Analyse & report on all capital projects within business unit.
  • Review all cost centre report & ensure usage of resources is in line with cost.
  • Accurately prepare management accounts in conjunction with management accounting office to be presented at various committee meetings.
  • Act as a centre of competency for SAP-CO (Management Accounting) & SAP-PS (projects) in area of responsibility.
  • Support budget holders in developing & monitoring plans.
  • Co-ordinate budgets by assisting budget holders, performing reasonable test on information received from budget holders and from the management accounting office.
  • Review & comment on nudgeted P&L from management accounting office.
  1. Financial control:
  • Accurately capture business unit journals (transfer pricing, provisions, etc.)
  • Create & maintain a repository of all key financial documents.
  • Respond to internal audit review & implement action plan within agreed timeline.
  • Liase with & respond to external auditor on matter relating to work of section.
  • Prepare & provide financial recommendation on various requests from Business Unit Manager & Management Accounting office.
  • Implement external audit recommendation within agreed timeline.
  • Accurately download trial balance and map accounts by ensuring management account balances to trial balance.
  • Facilitate capital expenditure justification process.
  • Accurately prepare management accounts, i.e. by ensuring they agree to trial balance as well as provide commentary on various line items by comparing actual to budget to forecast and to previous years.
  • Support management accounting office with various ad hoc requests.
  1. Systems improvement and procedures
  • Improve procedure & value adding reporting and analysis.

Country: South Africa
Location: Johannesburg

Job Qualification & Experience:

Minimum qualifications:

  • Preference will be given to a candidate that has a completed matric qualification and a tertiary qualification in Management Accounting/CIMA.

Skills:

  • Advanced proficiency in SAP and MSOffice.
  • Financial and numerical literacy.
  • Attention to detail.
  • Report writing skills.
  • People skills – An ability to interact and communicate a high degree of technical knowledge to management and staff.
  • Negotiate, collaborate & partner with others.
  • Good communication skills – An ability to explain highly technical information to management and staff and customers.
  • Technical skills – Collecting, storing & processing information to be shared with other stakeholders such as financial accounting & reporting, cost accounting, management accounting & treasury accounting.
  • Business skills – Use knowledge of organisation & turn data into insights.
  • Leadership skills – Ability to manage change & drive performance.

Knowledge / experience:

  • Preference will be given to candidates that have 5 years’ experience in a financial/management accounting environment with knowledge of the following:
  • Fundamental accounting concepts & principles, management accounts reporting (income statement only), implement internal controls and adherence, financial management analysis (ratio analysis, trend analysis, sensitivity analysis, scenario/simulation analysis).
  • Management reporting & systems: financial modelling, system analysis, design & implementation of management reports, SAP ERP systems (co-management accounting) and basic understanding of the other SAP modules such as finance & material management.
  • Management accounting analysis: cost volume profit analysis, break-even analysis, trend & sensitivity analysis, contribution margin analysis, cost benefit analysis, scenario planning.
  • Capital projects financial management: discounted cash flow techniques (NPV-Net present value, IRR-internal rate of return, ROI, payback period).
  • Management evaluation tools: types of responsibility accounting centres (revenue, cost, profit & investment, controllability, performance reports, quarterly scorecard inputs).
  • Budgeting and forecasting: the budget process, types of budgets (master budget, activity based budgeting, zero based budgeting), adjustments to budgets using flexible budgeting, cash budgeting, variance analysis (price, volume, mix, spending, etc.), forecasting of future results based on current information & assumptions.
  • Cost management: analysing and interpreting the nature of the cost, classification of cost (variable, fixed, etc.)
  • Product costing: understanding of the flow of cost within a manufacturing environment service cost allocations, variable or direct vs absorption costing, cost of capacity, process costing, activity based costing & standard cost systems.
  • Additional experience and qualifications above the minimum requirements will be to the applicant’s advantage.

Company Description:

Having been in operation for almost a century our client has grown from a local refiner to a globally recognised precious metals leader. They received global accreditation and international referee status.

They enjoy exceptional long-term loyalty from their people – their family; all with outstanding talent and immense experience.

This advert is being advertised in collaboration with our recruitment partner MCHIR.