Management Accountant

SUMMARY:

A well-established chemical manufacturer is seeking a dedicated Management Accountant to drive financial planning and analysis in support of strategic decision-making across the organization. The successful candidate will lead and coordinate the annual budgeting and periodic forecasting processes within the business.

POSITION INFO:

Minimum requirements for the role:

• Must have a relevant tertiary Finance qualification
• Minimum 7 years’ experience in a management accountant or similar role
• Knowledge of International Financial report standards (IFRS) is essential
• Proficient with MS Office (Word, Excel and PowerPoint)
• Must have knowledge of financial policies, procedures and processes

• Conducting in-depth financial analysis to support strategic and operational decision-making.
• Identifying trends, risks, and opportunities through data-driven insights, including customer and product profitability.
• Developing and maintaining financial models to evaluate business scenarios and support planning, including the development of forecast models, EVA models, and similar.
• Collaborating with business units to align financial plans with operational objectives.
• Leading the preparation and analysis of preliminary monthly financial results to provide early visibility of performance prior to formal close, focusing attention on key areas for improvement.
• Coordinating with key stakeholders to gather inputs, validate assumptions, and ensure completeness and accuracy of early financial data.
• Analyzing and communicating key drivers of performance, material variances, and emerging risks or opportunities based on preliminary and final results.
• Ensuring that flash reporting output such as analysis of the front-end regions, in-house wholesale profit, bad debt provisioning, and rebate realization are aligning with final month-end results and supporting effective decision-making.
• Leading the annual budgeting and periodic forecasting processes across multiple entities, including developing and implementing various forecasting timelines.
• Consolidating and analyzing budget submissions to ensure alignment with strategic and operational goals.
• Supporting long-term financial planning and scenario analysis as part of budgeting and forecasting processes, including continually updating models to reflect key business changes.
• Collaborating with business units to gather inputs, validate assumptions, and ensure accuracy.
• Monitoring performance against budget and forecast, identifying key variances and trends.
• Providing FP&A analysis, interpretation, and support to the business, including variance analyses and financial dashboards.
• Analyzing customer and product profitability and interpreting results to drive decisions toward more profitable outcomes.
• Providing financial insights and commentary to support decision-making, particularly around agent profitability, EVA, and RONA generation.
• Coordinating the identification or escalation of issues and advising finance leadership on potential business or operational risks, while developing and implementing proposed solutions.
• Maintaining a robust internal control environment, with a specific focus on credit vetting.
• Partnering directly with finance and business leaders to collaborate on metrics, goals, and business reviews.
• Supporting ad hoc financial analysis requests from senior management.
• Identifying and understanding business challenges while proposing and creating solutions.
• Ensuring a robust internal control environment is implemented and continuously monitoring its effectiveness.
• Diving deeply into financial data and becoming a subject matter expert to provide further insights.
• Identifying and researching variances from forecasts, budgets, and prior-year figures across expenses, revenues, and material costs, while proactively identifying opportunities for improvement.
• Creating presentations that deliver insightful analysis, highlight required actions, and effectively frame decisions for Board and Management meetings.
• Establishing and monitoring robust internal controls around pricing, credit vetting, business expenses, and cost management.
• Assessing and evaluating internal control performance and reporting findings to the Head of Finance.
• Maintaining and ensuring the accuracy of financial master data, including GL accounts, cost centers, and product hierarchies.
• Collaborating with IT and operations to ensure consistency and integrity of data across systems.
• Supporting data governance initiatives and contributing to system improvement projects.
• Investigating and resolving discrepancies in balances in collaboration with supply chain and operations teams, particularly in relation to inventory.
• Ensuring reconciliations are completed in line with internal control policies and audit standards.
• Contributing to the continuous improvement of reconciliation processes and documentation.
• Supporting the development of direct and indirect reports through coaching and on-the-job training.
• Training business and support functions in various finance-related areas.
• Supporting management with ad hoc projects and requests as required.