Management Accountant

  • Full Time
  • Colombo
  • Applications have closed

Website Ritz Clothing

Job description
Job description

Job Description:

• Implement and maintain strong internal controls to safeguard company assets and ensure compliance with financial regulations.

• Highlight risk areas to management.

• Initiate measures to reduce costs and improve productivity.

• Ensure that month-end financial reporting is completed within the timeline.

• Maintain accuracy and completeness in all financial reports.

• Develop and manage annual budgets and forecasts, ensuring alignment with business objectives.

• Conduct detailed cost analysis and variance analysis to support decision-making and improve cost efficiency.

• Conduct overhead review meetings in the respective plants.

• Evaluate capital expenditure proposals.

• Conduct detailed overhead (OH) analysis of respective plants.

• Analyze the pay-back period and ensure expenses are within the budget.

• Monitor and report on key financial and operational performance indicators, providing insights and recommendations for improvement.

• Coordinate with internal and external auditors, providing necessary documentation and support during audits.

• Perform ad-hoc financial analysis and provide recommendations to support strategic initiatives and business decisions.

• Work closely with cross-functional teams & factory accountants to provide financial insights and support operational goals.

Requirement

• BSc in Physical science / Finance degree from a recognized university with ACCA, CA, or CIMA qualification. [Candidates with a background in science will be given priority].

• Minimum of 3-5 years of experience in a management accounting role, preferably within the garment manufacturing industry.

• Strong proficiency in Microsoft Excel and experience with accounting software [Quick Books].

• Excellent analytical and problem-solving skills with a keen attention to detail.

• Strong communication and interpersonal skills, with the ability to present complex financial information clearly.

• Ability to manage multiple tasks and deadlines in a fast-paced environment.

• Ability to work effectively both independently and as part of a team.

Submit your application to our email jobs@ritzclothing.lk under Management Accountant by 15th September 2024

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