Farming and Engineering Services Limited (FES), a leading supplier and operator of premium brand products including Massey Ferguson and Challenger tractors, Komatsu machinery, Trimble GPS equipment, and Baldan farm implements has immediate vacancies for the following positions at FES Malawi-Blantyre Office:

MANAGEMENT ACCOUNTANT

Reporting to Finance Manager

The Management Accountant is responsible for providing financial and operational information to assist management in making timely informed business decisions.

Key responsibilities

• Ensure monthly cut-off is in place and adhered to for Ledger closure
• Prepare Management accounts and obtain relevant commentaries on performance from cross functional heads of departments
• Review monthly P&L with all stakeholders
• Compute and review product costing for all products
• Link Product costing to overall P&L
• Cost all Processes in the Supply Chain
• Identify key cost drivers in the business
• Provide key input on pricing decisions
• Compute margin implications of varying price points
• Drive the budgeting process
• Set timetables, accountabilities and tasks for the budget process
• Compute actual performance against budget monthly
• Obtain and report reasons for variances against budget monthly
• Compute and report latest forecasts when these differ from budget
• Help HODs identify cost saving and value addition measures
• Ensure stakeholders conduct cycle counts as part of stock loss management
• Ensure stock counts are compared against theoretical stock and variances explained
• Develop and implement a stock valuation module
• Identify slow moving and obsolete stocks
• Ensure appropriate stock provisions are taken monthly
• Monitor stock movements across the business

Qualifications and Experience

• Minimum of degree in Accounting or ACCA/CA/ CIMA Professional qualifications.
• Minimum of 5 years proven working experience in a similar position
• Knowledge of Sage X3 Accounting system and Microsoft Excel

Personal Qualities

• Strong oral and written communication skills
• Strong computer analytical skills
• Ability to work under pressure to deliver with strict timelines
• High level of integrity,
• Trustworthiness and professionalism
• Must be self-motivated and be results driven
• Ability to work with minimum supervision
• Team player

Application Method

Interested candidates who meet the above requirements should send their application letters together with detailed Curriculum Vitae, and names of three traceable referees (preferably from previous employer) to jobsmw@fes.africa. The closing date for receiving applications is 2nd August 2024.

Kindly note that only shortlisted candidates will be contacted.