Management Accountant

6 days ago


Eastern Cape, South Africa BKB LTD Full time

Here at BKB, we want to do things differently. We must, because the world is changing, and we want to keep up. Our people, no matter their position, are the ones to do this, We are looking for forwarding thinkers who want to make a difference. To maintain the integrity of the financial accounting function in accordance with sound accounting practices, company policy and legislative requirements. To facilitate financial integration of new acquisitions and provide financial support to subsidiaries. We need: CA (SA) strongly recommended as a minimum requirement 3-5 years relevant financial experience Knowledge of General Accounting Principles (GAAP) Knowledge of relevant legislation Knowledge of Internal Financial Reporting Standards (IFRS) Knowledge of budgeting processes Knowledge of the development of financial policies and procedures Understanding financial accounting and treasury Understanding of computerized financial system Competencies Initiating action Good communication abilities Time management Quality orientated Strategic decision making Stress tolerant Team success Technical & Professional skills Skills Excellent administration skills Strong analytical/problem-solving skills Strong communication skills Ability to perform under pressure Good time-management skills Good conflict management skills Strong computer literacy Key responsibilities of this role Financial management -Develop and maintain financial accounting policies, processes and procedures -Implement and maintain sound internal controls -Oversee the management accounting and internal control processes and procedures -Identify financial accounting risks and develop and implement mitigating strategies -Attend to audit queries Budgeting -Establish and maintain a budgeting/ forecasting system and assist with setting up the planning parameters -Manage and control the annual planning and budgeting process -Prepare the budget -Prepare forecasts -Interface and train users regularly regarding budget control and variance reports Financial administration -Prepare income tax file -Prepare and analyse monthly VAT submission. -Verify the general ledger, accruals, and control accounts. -Review local reconciliations before payments can be made -Review Master Data monthly -Prepare journal file and financial month-end pack -Review alignment of contractual payment conditions with budgets and forecasts -Control commitments against budget -Manage cost control workflow -Ensure that work measurements are correctly accrued and accredited Financial reporting -Report on all cost activities (e.g. budget, forecasts) and on work in progress in line with company policies, legislation and GAAP -Report on variances between budgets, commitments and expenditure -Reporting to external stakeholders. -Assist with refining and enhancing financial reporting for the organisation Leadership -Manage the designated area within time and budget -Identify and timeously address problems and opportunities -Provide direction in respect of decision making -Ensure compliance with relevant legal and statutory requirements and internationally accepted environmental, health, safety and quality standards


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