Management Accountant
1 week ago
Avanceon is looking for Management Accountant who would be responsible for preparing, analyzing, and presenting financial and operational information to support strategic decision-making. The role ensures accurate cost analysis, budgeting, forecasting, and performance reporting to improve profitability, financial efficiency, and business growth.
Key Responsibilities
- Prepare monthly, quarterly, and annual management accounts, including variance analysis against budgets and forecasts.
- Develop and maintain rolling forecasts for annual operating plans.
- Support preparation of annual budgets, departmental cost allocations, and CAPEX/OPEX plans.
- Generate management dashboards and performance reports (P&L, balance sheet, and KPI summaries).
- Provide commentary and recommendations on financial performance, cost trends, and profitability.
- Collaborate with department heads to ensure financial results align with strategic goals.
- Analyze product, project, and service costs; monitor margins and cost variances.
- Support standard costing, overhead absorption, and cost-center budgeting processes.
- Identify inefficiencies and recommend process improvements to enhance profitability.
- Work closely with operations, projects, and sales teams to provide financial insights for key decisions.
- Provide analytical support for strategic initiatives, such as digital transformation or ERP implementations.
- Ensure management accounts comply with internal policies, IFRS standards, and audit requirements.
- Maintain strong internal controls, ensuring accuracy and integrity of financial data.
- Assist in internal/external audit coordination and documentation, where needed.
Key Skills & Competencies
- Strong analytical, problem-solving, and reporting skills.
- Proficiency in Microsoft Excel, Power BI, and ERP systems (Business Central / SAP).
- Excellent understanding of budgeting, costing, and variance analysis.
- High attention to detail and ability to meet tight deadlines.
- Strong interpersonal and communication skills for cross-functional collaboration.
Qualifications & Experience
- Bachelor's or master's degree in accounting, Finance, or Commerce.
- Professional qualification (ACCA / CMA / CIMA / CA finalist) preferred.
- 2–3 years of experience in management accounting, FP&A, or cost accounting.
- Experience in project-based or technology/engineering organizations is an advantage.
Performance Indicators (KPIs)
- Accuracy and timeliness of management reports.
- Budget variance within acceptable limits.
- Improvement in cost-to-revenue ratios.
- Quality of analytical insights and support to decision-makers.
- Compliance and audit readiness scores.
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