Management Accountant job at Newrest Uganda Inflight Services Limited

Budgeting and Forecasting:

• Develop and manage the company's budget.

• Prepare financial forecasts to assist in planning and decision-making.

• Monitor actual performance against budget and forecast, explaining variances.

  
  

Financial Reporting and Analysis:

• Generate internal financial reports for management, highlighting key metrics and financial performance.

• Analyze financial data to identify trends, risks, and opportunities.

• Provide insights and recommendations based on financial analysis.

  
  

Cost Management:

• Track and analyze costs associated with production and operations.

• Implement cost control measures to optimize spending.

• Conduct cost-benefit analysis for various projects and initiatives.

  
  

Strategic Planning:

• Support long-term strategic planning by providing financial projections and analysis.

• Assist in the development of business strategies and plans.

• Evaluate the financial implications of strategic decisions.

Performance Management:

• Develop and monitor key performance indicators (KPIs) to assess organizational performance.

• Implement performance measurement systems to track efficiency and effectiveness.

• Provide feedback to management on performance issues and areas for improvement.

  
  

Internal Controls and Compliance:

• Ensure adherence to internal financial policies and procedures.

• Assist in the development and implementation of internal controls to safeguard assets.

• Ensure compliance with relevant laws, regulations, and financial reporting standards.

Decision Support:

• Provide financial insights to support operational and strategic decisions.

• Conduct financial modeling and scenario analysis to evaluate potential outcomes of decisions.

• Collaborate with other departments to understand their financial needs and challenges.

  
  

Risk Management:

• Identify and assess financial risks facing the organization.

• Develop strategies to mitigate financial risks.

• Monitor and report on the effectiveness of risk management strategies.

  
  

Capital Management:

• Analyze and manage the company's capital structure and funding needs.

• Evaluate investment opportunities and their financial implications.

• Assist in capital budgeting and expenditure planning.

  
  

Technology and Systems:

• Utilize financial software and tools to streamline accounting processes.

• Implement and maintain financial management systems.

• Stay updated on technological advancements to improve financial reporting and analysis.

Team Leadership and Development:

• Lead and develop the accounting team.

• Provide training and support to team members.

• Foster a culture of continuous improvement within the finance department