Junior Management AccountantTelesure Investment Holdings (TIH)

RESPONSIBILITIES:

Financial Management & Control;

• Track progress against budgets within established finance systems and report variances to more senior colleagues.
• Work within established systems to deliver prescribed outcomes for a designated area of financial control.
• Able to monitor and control expenditure.
• Able to interpret the impact of unusual figures identified by analytical review.
• Able to prepare budgets and forecasts in cooperation with senior managers.

Data Collection & Analysis;

• Anomalies are identified and then investigated together with financial accountants to ensure processing is complete and accurate.
• If the investigation does not yield satisfactory results, the management accountant proceeds to investigate the source of data Analyse financial data, extracts and define relevant information.
• Interpret data for the purpose of determining past financial performance and forecast preparation by business unit and consolidation into personal lines.

Cost Accounting;

• Evaluate costs and identify variances or opportunities to improve profitability and increase profitability for more senior colleagues.
• Perform ratio analysis as well as the interpretation of variances eg. surplus ratio, claims ratio, expenses ratio, and other cost accounting metrics.

Budgeting & Costing;

• Track budgets and report variances to more senior colleagues.
• Deliver a budget for an area of the organisation or conduct complex analyses on budget progress in other areas of the organisation.
• Running staff lists to ensure each business unit / cost centres have the correct allocation.

Budget system management;

• Assist heads with population of templates.
• Liaise between key stakeholders in order to ensure that the budget is accurate and follows logic.
• Provide instruction and answer questions relating to budget procedures.
• Identifies budget issues, provide alternative solutions, and resolve problems.
• Manage the various budget iterations between heads and exco expectations.

Operational Compliance;

• Follow a range of mandatory procedures to ensure that work is carried out to the required quality standards and/or to ensure adherence to external regulatory codes and internal codes of conduct.

Insights and Reporting;

• Prepare and coordinate the completion of various financial reports.

Personal Capability Building;

• Keep abreast of laws and regulations that apply to this particular function or field of professional expertise, maintain up to date compliance.

General Education;

• Grade 12/ SAQA Accredited Equivalent (Essential)
• Bachelor of Commerce Degree (Essential)
• Bachelor of Commerce (Management Accounting) or CIMA Qualification (Advantageous)

EXPERIENCE;

• Minimum 2 years’ Financial Management Accounting experience, 2 years’ Financial Services background (Advantageous)