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Senior Management Accountant
2 months ago
Senior Management Accountant Role
Overview: The Senior Management Accountant will be essential in enhancing the financial stability and operational efficiency of the organization. This role encompasses the preparation of comprehensive financial statements, performing cost evaluations, managing budgets, and delivering strategic financial analysis to aid in informed decision-making. The successful candidate will possess a robust foundation in accounting and finance, particularly within the construction sector.
Core Responsibilities:
- Budget Management and Forecasting:
- Assist in crafting the yearly budget and ongoing forecasts.
- Track actual performance versus budget and conduct variance assessments.
- Identify and evaluate trends to provide actionable insights.
- Financial Reporting and Insight:
- Compile and assess monthly, quarterly, and annual financial statements.
- Create management reports that include variance analysis, cost distribution, and project profitability.
- Develop financial models and projections to support business planning and strategy.
- Perform thorough cost evaluations for projects, covering labor, materials, and overhead.
- Establish and uphold cost accounting systems and protocols.
- Collaborate with project leaders to ensure precise cost monitoring and reporting.
- Execute month-end closure tasks including journal entries, reconciliations, and accruals.
- Verify that all financial data is accurate and complete prior to closing.
- Review and assess account balances, making necessary adjustments.
- Prepare month-end summaries and present findings to upper management.
- Ensure compliance with internal financial policies and procedures.
- Assist in internal and external audits by providing required documentation.
- Maintain adherence to relevant regulatory and statutory standards.
- Identify areas for process improvements to boost efficiency and accuracy.
- Implement best practices in financial reporting and analysis.
- Support the deployment and optimization of financial systems and software.
- Offer financial insights and recommendations to facilitate strategic decision-making.
- Work alongside various departments to enhance financial performance.
- Engage in financial planning and analysis activities to promote business advancement.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related discipline; CPA, CMA, or equivalent certification is preferred.
- A minimum of 4 years of experience in management accounting, ideally within the construction or infrastructure sector.
- Strong understanding of accounting principles, financial reporting, and cost management.
- Proficiency in financial software and ERP systems such as Microsoft Dynamics (NAV).
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