Senior Management Accountant.Management Accounting

KEY ACCOUNTABILITIES:

Description

Reporting

• Prepare management information reports in order to ensure that Senior Management have the relevant performance management information needed to support strategic decision-making.

• Ensure timely and effective preparation of monthly product cost sheet, process-wise for DRI, Billet and rebar production.

• Preparation of monthly product cost report presentation

• Preparation of monthly report presentation for CMO and production departments, process-wise, unit-wise, covering processing cost, specific consumptions, input price trend, etc.

• Assist in cost variance analysis working, co-ordinate with production departments for reasons for variance.

Continuous Improvement (Cost benefits analysis)

• Develop formats to capture requisite data for systematic analysis of plant operations related cost saving initiatives.

• Provide accurate and up-to-date input price and other cost details for operational analysis. Co-ordinate with business functions to ensure correctness of the data.

• Prepare accurate, timely and cost-effective management accounts and highlight variances so that management can take effective action to improve operating performances.

Inventory Accounting functions

• Physical tag adjustment of product shipments and inventory adjustments.

• Inventory write off/disposal – analyse and prepare papers for management approval.

• Prepare monthly overhead absorption rate working.

• Co-ordinate physical inventory count and verification process.

• Assist in dealing with internal auditor and statutory auditors for inventory and material accounting related issues.

• Providing support on material accounting related issues to user departments such as Production Planning, Plant units, Procurement and Warehouse, Maintenance department, Supply chain & logistic department, etc.

Policies and Procedures

• Development of costing system for new products & processes.

• Preparation of procedure document for activities related to costing, inventory etc, its continuous review and update.

Continuous Improvement

• Contribute to the identification of opportunities for continuous improvement and sustainability
of systems, processes and practices considering global standards, productivity improvement
and cost reduction.

Reporting

• Assist in the preparation of timely and accurate statements and reports to meet department
requirements, policies, and quality standards.

Quality, Health, Safety & Environment

• Comply with all relevant safety, quality and environmental management policies, procedures,
and controls to ensure a healthy and safe work environment.

Other

• Carry out any additional tasks as required by the Management.

QUALIFICATIONS, EXPERIENCE, & SKILLS:

Minimum Qualifications:

• University Degree in Finance

• CA, CMA or CIMA qualification would be preferable.

Minimum Experience:

• 8 years’ experience in Management Accounting in a manufacturing organisation. Steel Industry experience would be preferable.

Job-Specific Skills (Generic / Technical):

• Well-rounded knowledge of Cost Accounting / IFRS standards.

• Very good Knowledge of performance management.

• Very good Computer skills, MS Excel & Power point.

• Very good Planning and organising skills.

• Management potential and leadership ability.

• Very good standard of written and spoken English.

• Skills in effective communication, operational and financial analysis.

• Interpreting statistics and evaluating performance, preparing comprehensive reports.

• Ability to work both independently and as part of a team.

• Report writing skills.

• Good workable knowledge in ERP environment.