Assistant Management Accountant

2 weeks ago


Cape Town, South Africa Old Mutual Full time

Description

This role supports the Management Accountant within the Group Cost Allocations Model and Enterprise Project Portfolio. The incumbent will primarily be required to process journals, produce financial reports, make adjustments to the model when required, carry out reconciliations and provide assistance with business planning processes and relevant presentations.

Generic in respect of the role:

Management Reporting

Compiles supporting documents for management accountant.

Prepares draft reports.

Assists with the compilation of budgets.

Assists with the management of expenses.

Prepares internal management report.

Financial Reporting

Compiles and populates records to trial balance level.

Prepares draft income statement and balance sheet.

Reconciliations

Ensures accurate reconciliations are done and followed up.

Reviews control accounts and reconciliations.

Specific to the role:

Processes journal entries in relation to the Central segment (0140 – 0142, OMEM and OML), timeously and accurately.

Performs inter-company reconciliations and confirmation of balances and corrects mismatches timeously.

Follows up on long outstanding debt owed to and by the business unit

Prepares, and submits within agreed deadlines:

Produces Balance sheet reports.

Raising of accruals as and when necessary

Processing of AGIS invoices

Preparation of monthly financial reports for management, including a high-level variance report by agreed deadline.

Compilation of Business planning and Forecasting requirements

Group Allocation Model (monthly processing, resolution of queries and business planning inputs)

Assisting with the development and implementation of the Group Cost Allocation Model

Role Qualifications, Skills & Experience

Matric and Tertiary Finance Qualification

2+ years’ finance experience, preferably in a costing environment

Core & Technical Competencies

Collaboration (relating)

Executing

Customer First

Transactional Accounting

Financial and Variance Analysis

Management Reporting

Internal Control & Risk Management

Skills

Education

Bachelors Degree (B): Finance (Required)

Closing Date

08 May 2024

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