Management Accountant

\r\n\r\nKey Responsibilities:\r\n\r\n1.\u00a0\u00a0\u00a0\u00a0Management Accounting and Reporting:\r\n\r\n \tPrepare accurate management accounting reports, including financial statements and production cost analyses.\r\n \tTrack weekly production variances and post them in Sage, ensuring proper documentation and reconciliation.\r\n \tPrepare and present weekly production variance reports to management, highlighting key insights and financial impacts.\r\n \tReport timely cost changes that affect product pricing to maintain favorable and competitive gross profits.\r\n\r\n2.\u00a0\u00a0\u00a0\u00a0Budgeting and Expenditure Tracking:\r\n\r\n \tLead the preparation of annual budgets, collaborating with relevant departments to ensure accurate projections.\r\n \tMonitor monthly expenditures against the budget, highlighting any variances and providing recommendations for corrective action.\r\n \tProvide monthly financial forecasts and assist in the re-forecasting process when necessary.\r\n\r\n3.\u00a0\u00a0\u00a0\u00a0Production Costing:\r\n\r\n \tMonitor and control production costs to ensure alignment with budgets and financial targets.\r\n \tPerform cost analysis for production processes, identifying areas for cost savings and process improvement.\r\n \tEnsure accurate costing for products and services, including raw materials, labor, and overhead costs.\r\n\r\n4.\u00a0\u00a0\u00a0\u00a0Fixed Asset Management:\r\n\r\n \tManage the company\u2019s fixed asset register, ensuring accurate tracking of asset acquisitions, disposals, and depreciation.\r\n \tEnsure compliance with company policies for the capitalization of assets and perform regular audits of fixed assets.\r\n\r\n5.\u00a0\u00a0\u00a0\u00a0Operational Expenditure (Opex) Control:\r\n\r\n \tTrack all operational expenditures (Opex) and ensure they align with budgeted levels.\r\n \tIdentify areas of overspending and work with department heads to mitigate excess costs.\r\n\r\n6.\u00a0\u00a0\u00a0\u00a0Stock and In