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Management Accountant

  • Full Time
  • Lusaka, Zambia
  • Applications have closed.

Tyre King

Where Service and Quality Come First

CAREER OPPORTUNITY: JOIN TYRE-KING AS A MANAGEMENT ACCOUNTANT!
Location: Head Office, Lusaka
Closing Date: [16 November 2024]
Apply: careers@tyreking.co.zm

Tyre-King, a leading automobile tyre retailer, is looking for an experienced and detail-oriented Management Accountant to provide financial insights and manage cost control initiatives to support our operations and growth.

Position: Management Accountant – Full Time

PURPOSE OF THE JOB:
To provide advisory support on the financial implications of business decisions, preparing management reports, budgets, and financial statements with a focus on cost accounting and financial planning. The role is responsible for analyzing Tyre-King’s financial operations and enhancing cost-effectiveness while overseeing payables and the financial aspect of the supply chain.

KEY RESPONSIBILITIES:

Management Reporting

  • Review and analyze sales, profit, and cash flow reports against projections and budgeted expenses.
  • Prepare monthly management reports, including commentaries
  • Generate monthly/quarterly operational reports, highlighting income and expenditure, and advise on the profitability of branches and sales categories.
  • Conduct research into pricing, competitor actions, market trends, and other factors impacting performance.

Payables and Supply Chain Financial Management

  • Ensure optimal purchase processes and adherence to approved policies, including the three-quotation rule.
  • Manage inventory levels and promptly advise management on any unprofitable lines or brands.

Budgeting

  • Assist in setting the company’s strategic direction by preparing an annual operating and capital budget.
  • Monitor budget adherence against revenues and expenditures, providing monthly variance reports.

Investment Decision Analysis

  • Identify non-performing assets and opportunities for reorganization, downsizing, or divestment.
  • Evaluate investment opportunities to ensure financial viability using appraisal models.

Revenue Protection and Internal Control

  • Identify and implement controls to assure financial integrity and cost reduction, monitoring compliance regularly.

External Audits

  • Support audit processes to ensure compliance with international reporting standards and resolve any findings from previous management letters.

Human Resources and Administration within Finance

  • Mentor finance staff, identify training needs, and work with HR to ensure a skilled, balanced, and motivated team.

QUALIFICATIONS & EXPERIENCE:

  • BSc/BA in accounting, finance or similar field
  • Must have Full CIMA or ACCA certification.
  • Membership with Zambia Institute of Chartered Accountants (ZICA).
  • Minimum of five to eight years’ experience in financial management.
  • Prior experience with Microsoft Dynamics NAV/Business Central 365, or similar ERP systems is an advantage.
  • Strong proficiency in MS Office and Microsoft Dynamics NAV/Business Central 365
  • Proficiency with spreadsheet and accounting software programs.
  • Proven experience as management accountant, accounting supervisor or similar role
  • Solid knowledge of basic and advanced accounting and financial principles and practices
  • Excellent knowledge of cost accounting and reporting
  • Excellent knowledge or risk analysis, budgeting and forecasting
  • Excellent communication, organizational, and analytical skills.
  • Management and leadership skills
  • Ability to work well in a team
  • A problem-solver with attention to detail skills
  • A commercial mindset with the ability to manage resources effectively and explain complex financial information clearly.

HOW TO APPLY:

Send your detailed CV, including three referees, qualification, certificates (ZAQA verified/accredited), and a cover letter to the Human Resource Manager at careers@tyreking.co.zm

Subject Line: Management Accountant Application

Please Note:

  • Only candidates who meet the specified qualifications and experience will be considered.
  • Only shortlisted candidates will be contacted.
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