Management Accountant at Roads Agency Limpopo SOC (RAL)

REQUIREMENTS:

• Bachelor’s Degree, majoring in Management Accounting or Financial Accounting (NQF 7) a must. CIMA and other higher qualifications will be an added advantage.
• 5 years’ experience in management accounting at a supervisory/and or middle management level. Strong IT skills and Computer literacy – at least intermediate Excel skills.

KEY PERFORMANCE AREAS AND MAIN TASKS (BUT NOT LIMITED TO):

• Annual Budget Compilation: o Drive the process: Plan the budget and execute the budget process o Receive the numbers from the divisions/units
• Check for correctness and interrogate. Ensure that the budget is in line with 3-year plan.
• Check that all the expense lines have been budgeted for (Operational)
• (Overall budget – CFO for sign-off via the Manager Corporate Finance).
• Half-yearly budget review: Check budget against actual o Reallocate from one budget line to another in line with budget policy if requested by divisions/units.
• Budget re-allocations (e.g. Advertising expense line with sub-lines):  Re-allocate between lines in accordance with policy. Update budget forecast monthly Management accounts: Do year-on-year and month-on-month comparisons Compare budget and actual
• Establish reasons for overspending with divisions/units if required Completion and submission of IYMR to Treasury and LDPWRI Prepare Database (1st, 2nd & final draft)
• Give inputs for portfolio committee and Bilateral meetings Compile ad hoc reports when requested (e.g. Treasury report on invoices paid only after 30 days and reasons)
• Reporting to improve business relations such as long outstanding pay-outs Report on specific areas as required Attend to any other relevant and reasonable tasks as and when required.