Job Purpose:
To coordinate budgeting, forecasting, cost accounting, and management reporting for assigned business units. The role provides financial insights to support operational and strategic decision-making, ensures compliance with accounting standards, and supervises cost accountants to deliver accurate, consistent, and timely financial information
Key Results Areas:
Budgeting and Forecasting:

Lead the annual budgeting process for assigned business units.
Consolidate unit forecasts into accurate management accounts
Prepare monthly, quarterly and annual management accounts
Develop and maintain financial models for budgeting, forecasting and variance analysis
Monitor departmental and project budgets, highlighting variances and risks and corrective actions

Cost Accounting:

Review and standardize costing methodologies used by each unit.
Ensure accurate product costing, inventory valuation, and margin analysis.
Guide cost accountants in budget preparation and cost control.
Conduct cost analysis to support pricing and operational decisions

Financial Control:

Ensure adherence to financial controls, accounting standards (GAAP/IFRS), and tax regulations.
Implement and maintain consistent financial policies and procedures across units.
Support internal and external audit processes, ensuring audit readiness and corrective actions

Financial Planning and Analysis:

Consolidate and analyse financial and cost reports across business units.
Prepare variance analyses, highlight trends, risks, and opportunities.
Provide insights and recommendations to management for pricing, investment, and cost-saving initiatives.
Support scenario modelling, business cases, and financial impact assessments

Reporting:

Deliver accurate and timely management reporting, including KPIs, dashboards, and variance explanations.
Communicate consolidated financial results to management

Team Management:

Plan, select and develop manpower capabilities for the team.
Set clear performance objectives and reviews as per company policy.
Monitor and ensure company policies including but not limited to disciplinary is consistently applied.

Competencies:
Attention to Detail:
Accomplishes tasks: Checks to see that all steps in a process or procedure have been completed; checks work for errors or omissions before submission
Communication:

Organises the communication: Clarifies purpose and importance; stresses major points; follows a logical sequence.
Adjusts to the audience: Frames message in line with audience; checks understanding; presents message in different ways to enhance understanding.
Ensures understanding: Seeks input from audience; checks understanding; presents message in different ways to enhance understanding

Customer Focus:

Builds collaborative relationships: Builds rapport and cooperative relationships with customers.
Takes action to meet customer needs and concerns: Considers how actions or plans will affect customers; responds quickly to meet customer needs and resolve problems; avoids over commitments