Management Accountant at eMedia Investments

Description

•  Reporting to the Head: Group Finance, the key performance areas include but are not limited to: 

Cost Management Analysis   

• Overseeing the cost accounting function for Platco, ensuring accurate tracking and reporting of production costs, including direct labour, raw materials, and overhead.
• Analysing and reporting on cost variances, identifying the causes and suggesting corrective actions.
• Monitoring and reviewing cost allocations to ensure compliance with budgeting standards and internal control procedures.
• Updating and maintaining standard costing models for inventory, labour, and overhead costs.

Financial Management

• Managing Function / Department / Business Unit and its objectives in line with approved budgets (operational, capex and labour).
• Reviewing and authorising payments in line with approved budget and policy for processing.

Financial Reporting

• Preparing and presenting monthly, quarterly, and annual cost reports to senior management, highlighting key trends and insights on cost behavior and profitability.
• Collaborating with the finance team to support the preparation of budgets, forecasts, and strategic financial planning.
• Ensuring accurate accounting and reporting of inventory, including stock reconciliation.

Inventory Management

• Monitoring and maintaining accurate inventory levels to prevent overstocking or stockouts.
• Conducting regular stock counts and spot cycle counting checks and reconciling discrepancies.
• Analysing supply chain data to ensure uninterrupted stock availability.
• Forecasting supply and demand to prevent overstocking and running out of stock.
• Collaborating with procurement and warehouse teams to ensure timely stock replenishment.

Monitoring Compliance

• Remaining up to date with macro and micro-economic conditions, legislation, competition, market sentiment and the industry best practices.
• Monitoring and ensuring adherence to statutory regulations, organisational standards, policies and procedures.
• Ensuring effective and regular communication of new statutory regulations, organisational standards, policies and procedures to ensure full awareness amongst all stakeholders. 
• Contributing to the development and continuous improvement of organisational standards, policies and procedures within span of control and monitor implementation to ensure full compliance.

Stakeholder Relationships

• Building, supporting and maintaining interpersonal and team relationships to ensure stable working environment and achievement of team objectives.

Requirements

• A Bachelors Degree in Accounting is essential. 
• Chartered Institute of Management Accountants membership is preferred.
• A minimum of 5 years Financial Accounting experience in a similar environment is essential.