Management Accountant at U-Connect Human Resources Consulting

Key Role and Responsibilities
Budgeting and budgeting Control:

• Prepare annual budget for the company’s strategic focus
• Implement approved budget which involves budgetary control and cost management
• Evaluates the viability of a proposed investment project for management decision purposes
• Manages the company’s capital expenditure
• Analyses financial performance and contributes to medium and long-term business planning/forecasts

Management Reporting:

• Generates segmental performance report and profitability analysis
• Prepares periodic financial statements including profit and loss account, cash flows for management decision making
• Generates variance analysis and commentaries in respect to personnel cost, revenue and cost variance
• Generates annual statutory account in management accounting format
• Monitors and evaluates financial information systems and suggest improvements where needed

Policy:

• Responsible for establishing and maintaining financial policies
• Ensure compliance with financial regulations

Business Partnering:

• Provides support services by working with all departments and the management team to help make financial decisions
• Advices line managers on the financial implications and consequences of business decisions
• Offers professional judgement on financial matters and advises on ways of improving business performance
• Interprets and communicates financial data to non-financial managers
• Liaises with other function managers to put the finances and accounts in context

Monthly and Year End Closing:

• Timely completion of month and year end closing tasks by due dates as set in the closing time-tables and checklists:
• Prepare monthly schedules of deferred charges and prepayments and ensure that at the end of each month, journals are prepared to amortize/recognize expenses in the appropriate periods.
• Ensure that all forex denominated accounts analysed are revalued before monthly financial statements are prepared.
• Complete year end closing and prepare schedules as per audit checklists
• Reconcile AP sub-ledgers

Key Performance Indicator (KPI)

• Budget to Variances
• Number of Customer Invoice Disputes
• Number of Financial Reports prepared within Specified Time Frame

Requirements

• Candidates should possess a Bachelor's Degree in Accounting, Information Ttechnology or any relevant disciplines
• Must possess 5-10 years of relevant work experience
• Experience in a food manufacturing industry is desirable
• Must be ICAN or ATSWA certified
• Must be in Sagamu or be able to commute to Sagamu
• Exceptional MS Office skill - especially Word, Excel, PowerPoint
• Ability to use Accounting Software (ERP)
• Ability to produce interactive reports (Analytical skill)
• In-depth knowledge of accounting and bookkeeping
• Teamwork – Ability to work together in a team
• Time Management skills
• Outstanding written and verbal communication skill.