Junior Management Accountant

Join TIH, home to some of South Africas leading financial service providers, and grow your career while being part of an organisation with purpose.

Job Purpose

To partner with operational heads, to ensure that financial information is reported in line with IFRS standards, company policy and business requirements. Provide commercial and financial oversight in supporting the operational heads, while monitoring performance to approved budgets. Maintain appropriate communication channels between finance and business.

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.

Education

Bachelor of Commerce: Accounting (Required), CIMA Qualification (Advantageous): Accounting (Required)

Experience

Minimum 2 years Financial Management Accounting experience

2 years Financial Services background (Advantageous).

Think you have what it takes to be part of an unstoppable team who constantly finds better ways to give peace of mind? Don't wait, apply now.