JOB OPPORTUNITY - MANAGEMENT ACCOUNTANT
Job Summary
The Management Accountant is responsible for delivering accurate and timely financial and management reports, tracking and controlling production costs, preparing and monitoring budgets, and analyzing financial performance within the beef processing company. The role also includes ensuring the integrity of production costing, managing fixed assets, and supporting business decision-making through financial analysis and variance reporting. The Management Accountant plays a key role in maintaining the financial health and operational efficiency of the company.
Job Description
Key Responsibilities:
1. Management Accounting and Reporting:
- Prepare accurate management accounting reports, including financial statements and production cost analyses.
- Track weekly production variances and post them in Sage, ensuring proper documentation and reconciliation.
- Prepare and present weekly production variance reports to management, highlighting key insights and financial impacts.
2. Budgeting and Expenditure Tracking:
- Lead the preparation of annual budgets, collaborating with relevant departments to ensure accurate projections.
- Monitor monthly expenditures against the budget, highlighting any variances and providing recommendations for corrective action.
- Provide monthly financial forecasts and assist in the re-forecasting process when necessary.
3. Production Costing:
- Monitor and control production costs to ensure alignment with budgets and financial targets.
- Perform cost analysis for production processes, identifying areas for cost savings and process improvement.
- Ensure accurate costing for products and services, including raw materials, labor, and overhead costs.
4. Fixed Asset Management:
- Manage the company’s fixed asset register, ensuring accurate tracking of asset acquisitions, disposals, and depreciation.
- Ensure compliance with company policies for the capitalization of assets and perform regular audits of fixed assets.
5. Operational Expenditure (Opex) Control:
- Track all operational expenditures (Opex) and ensure they align with budgeted levels.
- Identify areas of overspending and work with department heads to mitigate excess costs.
6. Stock and Inventory Control:
- Review all stock-on-hand reports weekly and verify stock movement reports to ensure accuracy.
- Post all stock movements in the company's ERP system, ensuring proper reconciliation with production and sales records.
- Conduct periodic stock counts and audits to ensure accuracy and compliance with company procedures.
7. Business Opportunity Assessment:
- Analyze business opportunities and new product developments from a financial perspective, providing recommendations to management on potential profitability.
- Support management in pricing reviews, ensuring prices reflect production costs, market conditions, and profitability targets.
8. ERP and Financial System Management:
- Ensure the timely and accurate posting of all financial transactions related to production, stock, and variances in the ERP system (e.g. Sage).
- Collaborate with IT and finance teams to enhance the use of ERP systems for better financial reporting and control.
9. Financial Analysis:
- Conduct detailed financial analysis and provide insights to management for decision-making.
- Analyze financial data and identify trends, variances, and opportunities for improvement.
- Develop and maintain financial metrics and KPIs (Key Performance Indicators) to track performance.
Qualifications & Requirements
- Full ACCA, CIMA, CA Zambia, or a related qualification.
- Minimum of 5 years of work experience as a Senior Accountant or Management Accountant in a reputable organization (preferably in the Meat industry or similar sectors).
- Strong knowledge of accounting principles, financial reporting, and budgeting.
- Proven experience in financial analysis and providing management with strategic insights.
- Excellent understanding of financial systems, with proficiency in accounting software and Microsoft Excel.
- Strong leadership and team management skills.
- Ability to work independently and manage multiple priorities.
- Exceptional communication skills with the ability to interact with stakeholders at all levels.
- High attention to detail, accuracy, and problem-solving abilities.
Key Performance Indicators (KPIs)
- Accuracy and Timeliness of Financial Reports:
- Ensure all management accounts and financial reports are prepared on time, with a high level of accuracy.
- Budget Compliance:
- Maintain operational costs within budget limits, achieving cost savings while maintaining service quality.
- Cash Flow Management:
- Achieve optimal cash flow, ensuring liquidity to meet operational needs.
- Cost Control and Efficiency:
- Achieve set cost-saving targets through efficient budgeting, procurement, and expense management.
- Audit Compliance:
- Successfully pass internal and external audits with minimal adjustments or corrections.
- Financial Insight and Decision Support:
- Provide strategic insights and financial advice that influence key business decisions and profitability.
- Staff Development:
- Demonstrate effective leadership and development of junior accounting staff, including successful training programs and staff retention.
10. HOW TO APPLY
11. Interested candidates should submit a cover letter, updated CV, and at least two references to:
12. 📧 Email: recruitments@mikameats.com
📅 Deadline for applications: Sunday 19th October 2025
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