Cost & Management Accountant

Description

• The incumbent will be responsible for financial control, forecasting, analysing, monitoring, interpreting financial results
• The incumbent will further monitor project & asset accounting, account for deferred revenue and VAT and Import VAT Compliance
• The incumbent will prepare monthly reports to provide accurate and timely financial information and statistics as required by management

Duties

• Ensure adequate management reporting to management or budget holders to assess CENORED’s performance on a monthly basis (Monthly Management Accounts)
• Assist to compile key business metrics and report on them on monthly management reports (Dashboard Reporting)
• Ensure that all monthly accounting procedures are execute for costing section
• Review all monthly reconciliations, journals and clear all reconciling items timely, for costing section
• Supervise and maintain the general ledger for Property, Plant & Equipment, Right-of-Use Assets, Deferred Revenue, VAT & Import VAT
• Plan the actual budget process in terms of timing, guidelines, communication and facilitation
• Coordinate and control the annual OPEX and CAPEX budgeting process for final approval
• Identify and analyse the expenditure trends and performance against the budget
• Review monthly reports on variances from the established budget, and the reasons for those variances and explanatory information including breakdowns
• Facilitate the uploading of OPEX and CAPEX budget on the financial system
• Review monthly cost centre reports and present to departments on a quarterly basis
• Prepare Annual Financial Statements in compliance with IFRS
• Provide supporting analysis and documentation for tax advisors for annual returns and other compliance
• Facilitate the monthly and year- end closing financial period closing process
• Ensuring correct posting of purchase requisitions
• Conduct on-going cost analysis of specified problem areas and submit recommendations for corrective action
• Ensure compliance with government and other regulations governing assigned work
• Propose, draft, implement and apply approved internal control policies and procedures
• Establish and maintain relationships with external suppliers, regulatory authorities, individual or business customers and aid with problems that may arise, ensuring a cost effective, quality services
• Establish and maintain internal customer relationships with an understanding of the customers’ objectives, business constraints and opportunities
• Carry out other related responsibilities as and when required by superiors

Requisites

• Bachelor Degree in Accounting – NQF Level 7
• 5 years applied & recent experience in the following functions:
• Budgeting & Cost Analysis, Project & Asset Accounting, VAT & Import VAT Compliance, Preparation of financial statements in compliance with IFRS, Preparation of Management Reports
• OR
• Completed articles with a reputable Accounting or Auditing Firm
• Code B Driver’s License
• Specific Knowledge:
• VAT Act
• Any Enterprise Resource Planning (ERP)
• Preparation of Financial Statements (e.g. CaseWare)
• Preparation of Management Reports
• Computer Literacy (Excel & Word)
• Report writing
• Financial & cost modelling
• IFRS knowledge

Notes

• Only shortlisted applicants will be contacted
• Closing Date: 18 August 2023 @ 16h30
• CENORED is an equal opportunity Employer and previously disadvantaged people are encouraged to apply
• Interested and qualified applicants are required to submit their applications to: The Senior Human Capital Officer

How to Apply

1. Documentation

• Cover Letter
• Curriculum Vitae
• Certified Copies of Qualifications
• Certified Copies of Identification Documents

2. Application

• Send your Documentation to Human Resources at hr@cenored.com.na with the Subject line “Cost & Management Accountant”
• Indicate the source of this job post: working.co.na