Management Accountant

The Management Accountant assists the Management team in decision-making by providing insightful analysis about financial position and financial control for Mubex and ABI SSA. He participates in the formulation of department's goals with the Finance Manager and monitors performance against budget.

Key Role and Responsibilities

Team Management

• Accountant manages and supports the Assistant Accountants

• Lead team members as per the ABI management principles • Set annual goals for the Assistant Accountant and regularly monitor team’s performance and achievement of targets

• Ensure KPI measurement and compliance to approved processes

• Identifies and addresses gaps in competency of team members and support them in planning and implementing development plans

• Coaches team members for constant availability of competent resources to support the business

• Apply ABInBev values and guiding principles

Provide relevant information and insights to the Management team for decision making

• Assist the FM in preparing financial statements and HFM submission to meet deadlines

• Assist the FM in Budget Planning and Reporting

• Assist for Internal Control monitoring and implementation

• Clear validation on HFM as per hub requirement

• Review and analyse operating figures and make insightful commentary to the Finance Manager

• Prepare monthly Management pack for presentation by consolidating information from AP and AR providing insightful analysis of figures vs previous months, budgets and any other relevant comparatives

• Assist the FM in preparing all ad-hoc reports such as ZBB tracking & monitoring, monthly variance analysis & reporting, Auditors reports, hub requirements and any other reports on request making sure that these reports are as per required format Efficiently manage financial resources, liquidity needs and treasury related risks

• Collect and consolidate cash outflows and cash inflows from the Accounts Payable and Accounts Receivable sections on a daily basis

• Upload Cash Forecast in IT2 Treasury Management system to sweep excess fund or request fund from Regional Treasury Centre within the prescribed timeframe

• Support the Hedge Capital project with Regional Treasury Centre (RTC) based on Capex Team project request. Upload Capex hedge forex forecast in IT2, follow up on responses and maintain Capex Masterfile

• Support in manual inputting the executed hedge rate received from RTC into the Capex hedge template to calculate Proforma Invoice rate

• Assist in the running of the Capex Hedge report in IT2 and verify that the information contained match the uploaded template for each project

• Prepare End of Month balance sheet exposure and send to global treasury • Check End of Month Foreign Exchange journal for EBIT, Financial and Capex hedge not matured

• Prepare foreign bank reconciliations for current, Treasury and Notional

• Closely follow up Capex hedge maturity, Capex paid and top up by regularly checking the Capex hedge report and journal

• Reconcile Hedge matured in Notional accounts with Masterfile

• Prepare monthly report on Treasury, Loan, Cash position and Exposure

Qualification & Experience

•Postgraduate degree in Accounting or equivalent

•ACCA/ACA fully qualified with previous accounting, financial control and management reporting experience

•3–5 years experience in Accounting or Finance, preferably in a senior position

•Good performance track record

•Proficiency in English is essential

•Proficiency in additional languages may be beneficial