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Management Accountant Power Fashion
Fa Etyi Saasfaprod1
Durban · za
1d ago
66%
Good
Job description
The Management Accountant is responsible for providing financial analysis, budgeting, forecasting, management reporting, and business performance insights to support strategic decision-making. The role ensures accurate financial information is available to management while monitoring costs, profitability, and financial controls across the business. The Management Accountant will also be assisting the finance team in ensuring that timely and accurate monthly, half-year & year-end financial results are presented, ensuring strong financial controls and compliance with relevant policies and regulations
Reporting Assist in compilation and submission of reports weekly, monthly, at half year and year-end and annually (e.g. Group financial reporting pack - GMB, PF management report, board pack, half year & year-end financial packs, annual budget packs, 5-year financial model, RLC, general ledger, trial balance etc.) Assist with month-end and year-end close processes. Prepare monthly management accounts and financial performance reports. Analyze variances between actual, budget, and forecast results. Provide detailed commentary on financial performance and key business drivers. Budgeting, Forecasting and Feasibility Coordinate the annual budgeting process across departments. Prepare rolling forecasts and financial projections. Monitor expenditure against approved budgets. Support business units in developing realistic financial plans. Set monthly store sales targets. Financial Analysis Use business insights and provide sales & cost centre analysis against budget & forecast to provide feedback & / or recommendations Prepare feasibility studies for investment decisions relating to stores Identify opportunities for cost savings and process improvements Internal / External Audit Ensure that the finance team complies with all internal / external audit requirements. This includes preparing working papers at half year & year-end as well as attending any necessary meetings. Maintain and strengthen internal financial controls and procedures Liaise with internal and external audit and provide requested information Support risk management activities relating to finance. Process Improvement Identify opportunities to improve financial processes and reporting. Drive automation and efficiency within finance functions. Assist with financial projects, system improvements and ad hoc analysis General administration Effective control of all costs, cashflow management and other finance efficiencies (e.g. monthly forecasting, credit card expenditure, annual insurance renewals & vehicle fleet costs) to maintain the businesses general administration. Update the monthly financial model by country including income statement, balance sheet & cashflow including sign off of monthly balance sheet and general ledger. Processing of month end journals. Review work performed by finance team members and provide guidance where required Reviewing of payments ensuring queries are raised and resolved prior to release Management/supervision of team members
CIMA or CA (SA) Newly qualified /1+ year of post-articles/ financial accounting experience Retail experience is an advantage Experience with Accounting, Financial planning and budgeting, Process knowledge, People management, Advanced MS Office, and Analytical ability Key Competencies Strong attention to detail and accuracy Analytical and problem-solving skills Good organisational and time-management skills Ability to work independently and within a team environment Ability to work under pressure and meet deadlines Strong communication and interpersonal skills High level of integrity and confidentiality Proactive approach to identifying issues and solutions Mr Price Group Limited is an equal opportunity employer and is committed to Employment Equity.