Management Accountant

3 weeks ago

Bedfordview, South Africa Chart Industries Full time

Management Accountant
Location: Bedfordview, Gauteng, South Africa, 2007
Company: Chart Industries
Ensuring Chart’s Success…
Howden, a Chart Industries Company, is a global leader in air and gas handling products, services and solutions. Howden’s core focus is on providing quality solutions for air and gas handling, and have over a century of experience in doing so.
Howden South Africa Division is looking for an experienced Management Accountant to support the Financial Director in the management accounting and financial reporting for the division and ensuring the integrity of the information. This position takes an active role in project portfolio management, revenue recognition, margin reviews, analysing and explaining changes to forecast and budget and providing accurate information to be used in forecasting. Participate in the month end close, forecast and budget development and ensuring proper internal controls are in place to safeguard the Company’s assets. The management and mentorship of a team of staff to develop and achieve continuous improvement is a key focus area. The ability to progress to Senior Financial Management is a key goal and is dependent on achieving excellence in the Project Portfolio and Management Accounting disciplines.
What Your Day-to-Day Activities Will Be…

- Perform daily, weekly and monthly processes in the financial ERP system to ensure the accuracy and timeliness of financial and project management information. ERP transactions processing and month end close procedures management. Key Balance sheet account preparation/ review. CRS Management reporting input and analyses

- Actively participate in the management of a portfolio of projects for Service maintenance, Spares supply and New Equipment installation projects.

- Working closely with management, project managers and finance staff to achieve successful execution on multiple projects in progress, prepare value-add cost analyses, forecasting and budgets and ensure integrity in the monthly results.

- Ensure regulatory compliance with Group Policies, IFRS, GAAP and other relevant accounting standards are adhered to.

- Establish key relationships with Project management and Finance staff to ensure a thorough understanding of project execution timelines, risks and cost and margin expectations.

- Develop improvement actions from project cost reviews to drive margin improvement and improve project on time delivery targets.

- Develop a complete understanding of the revenue drivers for the Business and the contracts and projects that drive revenue.

- Ensure manual and system transaction accounts reconcile to applicable reports. (Reports and reconciliation of accounts are to be reviewed with the Financial Manager/ Financial Director.)

- Review and close-out all open accounting issues and adjustments prior to the last day of the month.

- Analyse and report on key variances to forecast and budget. Prepare and present Management reports as required.

- Schedule regular monthly meetings with project managers and management to review management reports.

- Participate in the preparation of the monthly forecast, strategic plan and annual budget.

- Identify / co-ordinate / address any issues in processes, data error issues and systems with management accountants and financial managers.

- Develop, maintain and distribute management reports as necessary to support the ongoing business and continuous improvement initiatives.

- Track and control Inventory in liaison with Project Management to ensure adequate controls, verification planning and provisions are in place on a monthly basis.

- Planning and management of annual inventory physical verification procedures on multiple sites.

- Track and control overhead spending.

- Partners with all central functions such as shared finance, IT and HR to ensure that enabling strategies and tactics are in place and are consistent with broader business strategies and tactics.

- Engage in continuous improvement for processes included in and adjacent to job role. Recognise and resolve customer satisfaction issues (both internal and external).

- SOX Compliance: Adhere to Sarbanes Oxley and AX ERP controls. Actively manage monthly and quarterly SOX requirements and testing controls.

Your Education Should Be…

- BCom Degree in Accounting or Finance related field

- Qualified Accountant (CA or CIMA)

Your Professional Experience Should Be…

- Qualified Accountant (CA or CIMA) with a minimum of 3-5 years PQE.

- FRS, GAAP and US GAAP up to date knowledge.

- Sarbanes Oxley compliance experience and application of key controls.

- Experience in system implementations and support within a full lifecycle ERP solution.

- Experience working in a project costing environment. Percentage of Completion calculations, WIP reporting.

- Technically and commercially strong. Practical understanding of Commercial contracts and execution. Practical exposure and experience on Order Book (Work in Hand), Book and Ship order intake, and revenue forecast management.

- Practical exposure and experience of Workshop Labour recoveries and costs impacting projects.

- Ability to make quick and clear decisions.

- Confident and able communicator who can influence and persuade others.

- Professional approach to reporting.

- Ability to work under pressure and to tight deadlines

About Us
You will have the opportunity to work for a global engineering organisation in a challenging and dynamic role with great career development opportunities. We offer a competitive salary along with a benefits package.
Chart is a dynamic global company that is publicly traded on the NYSE. We rely on our team to provide accurate and timely data on our financial performance, allowing us to make quick decisions on how we run our business and where we should invest our resources for future growth. This can range from tracking accounts payable and receivable, the cost to make our products, managing project accounting and revenue recognition, strategic forecasting, cash management, and so much more If this sounds like something you would excel at, apply today

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