Management Accountant Key Responsibilities:
* Gathering and interpreting financial information to evaluate efficiency of procedures.
* Analysing key financial data to inform strategic planning for senior management.
* Developing cost-effective policies and procedures, mitigating financial risks and promoting effective resource allocation.
* Preparing detailed financial reports and budgets, controlling income and expenditure and forecasting future trends.
* Supervising accounting procedures and junior staff in the financial department.
* Monitoring auditing and taxation practices, evaluating benefits and compensation packages and identifying areas for improvement.
* Maintaining adherence to regulatory standards in financial management policies and procedures.
* Performing accurate recordkeeping and protecting sensitive confidential information.
* Staying up-to-date with regulatory requirements and best practices in management accounting.
Management Accountant Requirements:
* Bachelor's degree in accounting, finance or related field.
* Professional membership with CMA, ACCA, CIMA or equivalent body.
* Minimum two years' experience as a management accountant in business environment.
* Proficiency in business management and accounting software applications.
* Extensive knowledge of accounting standards and financial regulations.