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Management Accountant Power Fashion

Full-time Durban, Kwazulu Natal, South Africa, ZA
Posted 51 minutes ago 3 views 0 applications

Job Description

<p><span lang="EN-US">The Management Accountant is responsible for providing financial analysis, budgeting, forecasting, management reporting, and business performance insights to support strategic decision-making. The role ensures accurate financial information is available to management while monitoring costs, profitability, and financial controls across the business. The Management Accountant will also be assisting the finance team in ensuring that&nbsp;</span>timely and accurate monthly, half-year &amp; year-end financial results are presented, ensuring strong financial controls and compliance with relevant policies and regulations</p><ul><li style="line-height: normal;"><span>CIMA or CA (SA)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span></li><li style="line-height: normal;"><span>Newly qualified /1+ year of post-articles/ financial accounting experience&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span></li><li style="line-height: normal;"><span>Retail experience is an advantage&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span></li><li style="line-height: normal;"><p><span>Experience with Accounting, Financial planning and budgeting, Process knowledge, People management, Advanced MS Office, and Analytical ability</span></p><p>&nbsp;</p><p><strong>Key Competencies</strong></p></li><li>Strong attention to detail and accuracy</li><li>Analytical and problem-solving skills</li><li>Good organisational and time-management skills</li><li>Ability to work independently and within a team environment</li><li>Ability to work under pressure and meet deadlines</li><li>Strong communication and interpersonal skills</li><li>High level of integrity and confidentiality</li><li>Proactive approach to identifying issues and solutions</li></ul><p>&nbsp;</p><p>&nbsp;</p><p><span data-teams="true"><strong>Mr Price Group Limited is an equal opportunity employer and is committed to Employment Equity.</strong></span></p><p><strong>Reporting&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</strong></p><ul style="list-style-type: disc;"><li style="line-height: normal;">Assist in compilation and submission of reports weekly, monthly, at half year and year-end and annually (e.g. Group financial reporting pack - GMB, PF management report, board pack, half year &amp; year-end financial packs, annual budget packs, 5-year financial model, RLC, general ledger, trial balance etc.)</li><li style="line-height: normal;">Assist with month-end and year-end close processes.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li><p style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: &quot;Segoe UI&quot;, sans-serif;"><span lang="EN-US" style="font-size: 10.5pt;">Prepare monthly management accounts and financial performance reports.</span></span></p></li><li><p style="line-height: 15pt; margin-bottom: 0cm;"><span style="font-family: &quot;Segoe UI&quot;, sans-serif;"><span lang="EN-US" style="font-size: 10.5pt;">Analyze variances between actual, budget, and forecast results.</span></span></p></li><li><p style="line-height: 15pt; margin-bottom: 0cm;"><span style="font-family: &quot;Segoe UI&quot;, sans-serif;"><span lang="EN-US" style="font-size: 10.5pt;">Provide detailed commentary on financial performance and key business drivers.</span></span></p></li></ul><p style="line-height: 15pt; margin-bottom: 0cm;">&nbsp;</p><p style="line-height: 15pt; margin-bottom: 0cm;">&nbsp;</p><p style="line-height: 15pt; margin-bottom: 0cm;"><span style="font-family: &quot;Segoe UI&quot;, sans-serif;"><span lang="EN-US" style="font-size: 10.5pt;"><strong>Budgeting, Forecasting and Feasibility</strong></span></span></p><ul style="list-style-type: disc;"><li><p style="line-height: 15pt; margin-bottom: 0cm;"><span style="font-family: &quot;Segoe UI&quot;, sans-serif;"><span lang="EN-US" style="font-size: 10.5pt;">Coordinate the annual budgeting process across departments.&nbsp;</span></span></p></li><li><p style="line-height: 15pt; margin-bottom: 0cm;"><span style="font-family: &quot;Segoe UI&quot;, sans-serif;"><span lang="EN-US" style="font-size: 10.5pt;">Prepare rolling forecasts and financial projections.</span></span></p></li><li><p style="line-height: 15pt; margin-bottom: 0cm;"><span style="font-family: &quot;Segoe UI&quot;, sans-serif;"><span lang="EN-US" style="font-size: 10.5pt;">Monitor expenditure against approved budgets.&nbsp;</span></span></p></li><li><p style="line-height: 15pt; margin-bottom: 0cm;"><span style="font-family: &quot;Segoe UI&quot;, sans-serif;"><span lang="EN-US" style="font-size: 10.5pt;">Support business units in developing realistic financial plans.</span></span></p></li><li><p style="line-height: 15pt; margin-bottom: 0cm;"><span style="font-family: &quot;Segoe UI&quot;, sans-serif;"><span lang="EN-US" style="font-size: 10.5pt;">Set monthly store sales targets.</span></span></p></li></ul><p style="line-height: 15pt; margin-bottom: 0cm;">&nbsp;</p><p style="line-height: 15pt; margin-bottom: 0cm;">&nbsp;</p><p style="line-height: 15pt; margin-bottom: 0cm;"><span style="font-family: &quot;Segoe UI&quot;, sans-serif;"><span lang="EN-US" style="font-size: 10.5pt;"><strong>Financial Analysis</strong></span></span></p><ul style="list-style-type: disc;"><li>Use business insights and provide sales &amp; cost centre analysis against budget &amp; forecast to provide feedback &amp; / or recommendations&nbsp;</li><li><p style="line-height: 15pt; margin-bottom: 0cm;"><span style="font-family: &quot;Segoe UI&quot;, sans-serif;"><span lang="EN-US" style="font-size: 10.5pt;">Prepare feasibility studies for investment decisions relating to stores</span></span></p></li></ul><p style="line-height: 15pt; margin-bottom: 0cm;">&nbsp;</p><ul style="list-style-type: disc;"><li><p style="line-height: 15pt; margin-bottom: 0cm;"><span style="font-family: &quot;Segoe UI&quot;, sans-serif;"><span lang="EN-US" style="font-size: 10.5pt;">Identify opportunities for cost savings and process improvements</span></span></p></li></ul><p style="line-height: 15pt; margin-bottom: 0cm;">&nbsp;</p><p style="line-height: 15pt; margin-bottom: 0cm;">&nbsp;</p><p><strong>Internal / External Audit&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</strong></p><ul style="list-style-type: disc;"><li>Ensure that the finance team complies with all internal / external audit requirements. This includes preparing working papers at half year &amp; year-end as well as attending any necessary meetings.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li>Maintain and strengthen internal financial controls and procedures&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li><li>Liaise with internal and external audit and provide requested information&nbsp;&nbsp;</li><li><p style="line-height: 15pt; margin-bottom: 0cm;"><span style="font-family: &quot;Segoe UI&quot;, sans-serif;"><span lang="EN-US" style="font-size: 10.5pt;">Support risk management activities relating to finance.</span></span></p></li></ul><p style="margin-left: 36pt;"><span style="color: red;">&nbsp;<strong>&nbsp;&nbsp;&nbsp;&nbsp;</strong></span></p><p><span lang="EN-US"><strong>Process Improvement</strong></span></p><ul style="list-style-type: disc;"><li><span lang="EN-US">Identify opportunities to improve financial processes and reporting.</span></li><li><span lang="EN-US">Drive automation and efficiency within finance functions.</span></li><li>Assist with financial projects, system improvements and ad hoc analysis</li></ul><p style="margin-left: 36pt;">&nbsp;</p><p><strong>General administration&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</strong></p><ul style="list-style-type: disc;"><li>Effective control of all costs, cashflow management and other finance efficiencies (e.g. monthly forecasting, credit card expenditure, annual insurance renewals &amp; vehicle fleet costs) to maintain the businesses general administration.&nbsp;</li><li>Update the monthly financial model by country including income statement, balance sheet &amp; cashflow including sign off of monthly balance sheet and general ledger.</li><li>Processing of month end journals.&nbsp;&nbsp;</li><li>Review work performed by finance team members and provide guidance where required</li><li>Reviewing of payments ensuring queries are raised and resolved prior to release</li><li>Management/supervision of<span>&nbsp; </span>team members</li></ul>

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