Job Description
Role Overview
- The Management Accountant will be responsible for overseeing financial planning & analysis (FP&A) while also providing input in cost management and controls.
- As the second-in-command to the Financial Controller, this role will provide strategic financial insights, ensure accurate financial forecast, and drive efficiency across the finance department.
- The Management Accountant will also support business decision-making and ensure the financial health of the organization
Duties and Responsibilities
- Lead the preparation of annual budgets, quarterly forecasts, and long-term financial plans.
- Develop financial models to support decision-making and forecast future performance across key business units.
- Provide variance analysis, highlighting key drivers of performance vs. budget/forecast, and work with financial controller/senior management to address performance gaps.
- Analyze financial and operational data to provide insights into profitability, cost management, and financial trends.
- Conduct detailed financial analysis and modeling to support strategic business initiatives.
- Collaborate with department heads to monitor and analyze key performance indicators (KPIs) and business performance metrics.
- Analyzing costs and expenses to identify areas where costs can be reduced or controlled.
- Providing recommendations for cost-saving measures and improvements in efficiency.
- Oversee cash flow forecast and ensuring adequate liquidity for business operations.
- Monitor accounts payable and receivable to optimize working capital.
- Support investment and financing decisions, ensuring efficient capital allocation.
- Act as the deputy to the Financial Controller, stepping in when necessary to manage departmental operations.
- Lead process improvements in financial planning, reporting, and forecasting to enhance efficiency and accuracy.
- Mentor and develop junior finance team members, ensuring continuous learning and professional growth.
Educational Qualifications, Experience & Requirements
- Bachelor’s Degree or equivalent in Finance, Accounting, Economics, or a related field. ACA, or ACCA is a must.
- 5+ years of experience in accounting, financial planning, and analysis, with at least 2 years in a leadership role.
- Strong expertise in financial planning, budgeting and cost control.
- Experience working with senior leadership teams and cross-functional departments.
- Knowledge of FMCG industry trends and financial best practices.
- Proficiency in financial modeling, Excel (advanced level), and financial systems (e.g. SAP, SAGE, QUIKBOOKS).
- Excellent analytical, problem-solving, and quantitative skills.