Management Accountant

Job Description

CAREER OPPORTUNITY: JOIN TYRE-KING AS A MANAGEMENT ACCOUNTANT!

Location: Head Office, Lusaka

Closing Date: [16 November 2024]

Apply: careers@tyreking.co.zm

Tyre-King, a leading automobile tyre retailer, is looking for an experienced and detail-oriented Management Accountant to provide financial insights and manage cost control initiatives to support our operations and growth.

Position: Management Accountant – Full Time

PURPOSE OF THE JOB:

To provide advisory support on the financial implications of business decisions, preparing management reports, budgets, and financial statements with a focus on cost accounting and financial planning. The role is responsible for analyzing Tyre-King’s financial operations and enhancing cost-effectiveness while overseeing payables and the financial aspect of the supply chain.

KEY RESPONSIBILITIES:

Management Reporting

Review and analyze sales, profit, and cash flow reports against projections and budgeted expenses.

Prepare monthly management reports, including commentaries

Generate monthly/quarterly operational reports, highlighting income and expenditure, and advise on the profitability of branches and sales categories.

Conduct research into pricing, competitor actions, market trends, and other factors impacting performance.

Payables and Supply Chain Financial Management

Ensure optimal purchase processes and adherence to approved policies, including the three-quotation rule.

Manage inventory levels and promptly advise management on any unprofitable lines or brands.

Budgeting

Assist in setting the company’s strategic direction by preparing an annual operating and capital budget.

Monitor budget adherence against revenues and expenditures, providing monthly variance reports.

Investment Decision Analysis

Identify non-performing assets and opportunities for reorganization, downsizing, or divestment.

Evaluate investment opportunities to ensure financial viability using appraisal models.

Revenue Protection and Internal Control

Identify and implement controls to assure financial integrity and cost reduction, monitoring compliance regularly.

External Audits

Support audit processes to ensure compliance with international reporting standards and resolve any findings from previous management letters.

Human Resources and Administration within Finance

Mentor finance staff, identify training needs, and work with HR to ensure a skilled, balanced, and motivated team.

QUALIFICATIONS & EXPERIENCE:

BSc/BA in accounting, finance or similar field

Must have Full CIMA or ACCA certification.

Membership with Zambia Institute of Chartered Accountants (ZICA).

Minimum of five to eight years’ experience in financial management.

Prior experience with Microsoft Dynamics NAV/Business Central 365, or similar ERP systems is an advantage.

Strong proficiency in MS Office and Microsoft Dynamics NAV/Business Central 365

Proficiency with spreadsheet and accounting software programs.

Proven experience as management accountant, accounting supervisor or similar role

Solid knowledge of basic and advanced accounting and financial principles and practices

Excellent knowledge of cost accounting and reporting

Excellent knowledge or risk analysis, budgeting and forecasting

Excellent communication, organizational, and analytical skills.

Management and leadership skills

Ability to work well in a team

A problem-solver with attention to detail skills

A commercial mindset with the ability to manage resources effectively and explain complex financial information clearly.

Method of Application

Send your detailed CV, including three referees, qualification, certificates (ZAQA verified/accredited), and a cover letter to the Human Resource Manager

Subject Line: Management Accountant Application Please Note:

Only candidates who meet the specified qualifications and experience will be considered.

Only shortlisted candidates will be contacted.