Job Description

Job Purpose

A Management Accountant within South African Airways Technical prepares, develops and analyses key financial information to ensure that an organisation's management makes well-informed decisions to ensure future stability, growth and profitability.

Principal Accountabilities

Budgeting and forecasting

Align SAAT's financial budget to guidelines formulated by SAA corporate.

Co-ordinate and assist SAAT Management with annual budget and forecasting process.

Evaluate budget with cost centre managers.

Consolidate budget per business unit

Load the approved budget for the entire company on the SAP.

Perform post budget analysis to ensure effective cost control and reliable activity

base rates.



Variance Analysis

Prevent incorrect postings

Review monthly Operating costs against budget.

Month-end reporting of cost centre costs to Managers.

Variance analysis on all deviations - on income, expenditure and activities.

Discuss business unit performance at the month end meeting.

Correct all incorrect entries posted within a cost centre in order to conduct meaningful analysis of variances.



Reporting

Perform monthly, quarterly and annual reporting of cost centre costs and profit centres to GM's and Managers in terms of plan / actual.

Report on all deviations from plan.

Compare Forecast against actual and planned events and then report on all deviations.



Project and business plan appraisals for ad-hoc projects

Assist the business units with the costing, evaluation and appraisal of their projects.

Monitor the actual project performance against plan and report on progress.

Make recommendations for improvements where appropriate.

Financial evaluation and analysis of all tenders.

Attending operations meetings weekly per areas.

Prepare the labour productivity report



Costing and Systems

Assist Business units with costing of their activities

Raise and manage accruals to optimise the cost flows within the business;

Maintain tables in CO/PCA Module within SAP and related interfaces to ensure o reliable information to facilitate timeous month -end and compilation of reports

Perform the month-end financial process with regard to settlement of order's

Perform correction action for all incorrect entries posted within cost centres in o order to conduct meaningful analysis of variances;

Raise and manage Revenue reserves to optimise the cost flows within the o business.

Product profitability analysis of projects.

PCA creation and maintenance

Run monthly settlements procedures

Cost centre structure creation and maintenance

SAP tables maintenance

Assist with interface errors between SAP AMOS



Payments

Review all expenditure authorisations to ensure that expenses are valid and are within budget.

Approve payments as per Delegation of Authority.

Ensure that expenses are paid in a timely manner.



Ad-hoc

Co-ordinate staff movement between business and HR

Attending operations meetings weekly per area.

Coordinate training with the Finance Department

Prepare the labour productivity report

Qualifications & Experience

Diploma in Cost and Management Accounting, or BCom Accounting or Equivalent - Essential

BTech in Cost and Management Accounting, or BCom Accounting Honors - Advantageous



Finance - 3 years - Essential

Management accounting

10 years - Advantageous

Knowledge and Skills

Financial reporting tools e.g. SAP, TM1 etc - Advanced

Budgeting tools - Advanced

Inventory and logistics management systems e.g.

AMOS - Basic

Microsoft Office - Advanced

Communication - Intermediate

Proactive, decisive and assertive - Advanced



PFMA -Intermediate

Companies Act -Intermediate

International Financial Reporting Standards - Intermediate

Attributes

BEHAVIOURAL COMPETENCIES

Suggested Generic Competencies

Analytical Thinking

Conceptual Thinking

Information Seeking

Achievement Orientation

Initiative

Organisational Awareness

Impact and Influence

Teamwork and Cooperation

Customer Service Orientation

Integrity

Additional Information