Here a sample job advertisements for managerial / cost accounting roles…
Management Accountant Walmart Division
The Experienced Management Accountant is primarily responsible for assisting the Senior Management Accountant by providing appropriate financial information to company management to help them make upper level management decisions, thus driving the business’s overall management and strategy.
Key Responsibilities
- Supervise and manage workload for the capital billing team
- Review capital invoices and related processes to ensure monthly capital invoicing targets are met as per forecast
- Provide key financial support to Operations Team
- Deliver operational finance support to business (support other departments with financial matters/queries) as required
- Conduct analytical reviews, explain variances to forecast, investigate anomalies and report to Management as required
- Gain a thorough understanding of all cost and revenue drivers impacting the forecast thereby enabling process improvements to be identified and implemented to improve forecasting accuracy
- Manage delivery of weekly and ad-hoc KPI reporting and issue within agreed timeframes
- Assist the Senior Management Accountant in all Financial and Reporting activities and offer support and to other sections within the department and the business as a whole
- Further adapt and enhance the reporting procedures and strategy to ensure the finance function continues to achieve efficiencies and compliance with policies and accounting standards
- Integrate and assess impact of new developments and activities (i.e. new services) on the Company
- Assist in preparation of relevant presentations of budget data to Senior Management
- Input City budget data into SunSystems
- Prepare and distribute City budget & forecasting material to City departments as required
- Liaise with the company’s external auditors in the fulfilment of the audit plan as required
- Participate as required in projects and other ad-hoc financial tasks
Management Accountant
Summary: The Management Accountant will collect, analyze, and present financial information used to help FDBT management make sound business decisions. The Management Accountant will analyze FDBT’s historical financial data to estimate future costs and revenues, as well as creating budgets and preparing internal reports which will be utilized by senior management to make business planning decisions. The incumbent in this position must combine his/her accounting skills with effective management and concise communication to both financial and non-financial management. Work is performed under moderate supervision, with limited latitude to exercise initiative and independent judgment applying knowledge of accounting terminology and using spreadsheets and/or automated accounting systems.
External US
Essential Functions:
Responsible for analyzing business performance and advising management on methods to pre-empt problems and/or adapt to ever changing circumstances and developments.
Responsible for analyzing and preparing financial data and statements including profit and loss accounts, budgets, cash flows, variance analysis, and commentaries.
Assist in business planning and departmental/site budgeting process and providing periodic forecasting.
Responsible for ensuring that spending is in line with approved budgets.
Analyze historical financial data to estimate future costs and revenues.
Assist in analyzing FDBT’s financial performance and making long term forecasts.
Recommend cost savings opportunities and effective strategies to improve value in all areas of the budget.
Report on company assets and liabilities including balance sheet account reconciliations and review of intangible assets.
Ensure compliance with all financial regulations.
Provide information for audits.
Assist management in analyzing the financial impact of potential expansions.
Prepare detailed analyses of business problems and opportunities.
Develops and/or creates ad-hoc reports.
Cost-benefit analysis, including recommendations on options and specific return on investment figures in order for the leadership team to make short and long term financial decisions.
All other duties as assigned.
Required Skills & Abilities:
Good math and computer skills.
Expert understanding of current accounting principles.
Ability to analyze, summarize and explain complex financial information in a clear and concise manner.
Analytical and logical problem solving skills.
Great attention to detail, accuracy, and strong organizational skills are critical to the position.
Excellent customer service, presentation and communication skills (written and verbal).
Strong understanding of business principles and finance in order to interpret data and make strategic recommendations.
Strong interpersonal skills and the ability to work well under tight timelines and pressure.
Demonstrated ability to conduct research into accounting issues and provide resolutions to management for review/consideration.
Ability to multi-task and prioritize work assignments with little supervision.
Demonstrated ability to work collaboratively in resolving inquiries and responding to problems and/or complaints from employees, vendors, customers, etc.
Advanced skills in MS Office (Word, Excel, Outlook, PowerPoint).
Prior experience with accounting software applications, such as Great Plains accounting system or other financial accounting systems.
Working Conditions & Physical Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to:
Experience prolonged sitting, some bending, stooping and stretching.
Use hand-eye coordination and manual dexterity sufficient to operate a keyboard, photocopier, telephone, calculator, and other office equipment is required.
Attendance is mandatory.
Minimum Qualifications:
Bachelor’s Degree preferably in Accounting, Finance, or a related field and three (3) years’ experience preferably in management accounting, auditing, budgeting, or closely related financial activity; OR
Associates degree and five (5) years’ experience preferably in management accounting, auditing, budgeting, or closely related financial activity
Preferred Qualifications:
Certified Public Accountant (CPA)
Certified Management Accountant (CMA)
Chartered Institute of Management Accountants (CIMA) Certificate in Business Accounting
Big Four accounting firm experience
Management Accountant
Serves as the financial manager for specific service lines as designated by the Supporting Vice President. Functions as the point person between the Finance Department and the SLD level of management within the VP’s organization on budgetary, operational and strategic issues. Provide high level analytical and operational support to SLDs and their line management in the form of budget preparation, pro forma analysis, financial and operational presentations, reimbursement analysis, operational and reengineering studies. Participates in performance improvement initiatives to improve existing and develop new and innovative processes.
Minimum Qualifications:
Education and Experience:
Bachelor degree in accounting, finance, business or hospital administration with five years experience in financial management, hospital administration or comparable experience in public accounting. OR Masters degree in business, health administration or related field and/or CPA certification.
Licensure/Certification: CPA and/or MBA preferred
Primary Source Verification (if applicable): N/A
Knowledge/Skills: Must be able to work independently. Ability to identify process improvements, develop new processes/procedures to improve quality, efficient and or customer service and carry through to implementation. Perform all functions assigned in an accurate and timely manner, as well as the ability to organize and present information in a neat and effective manner. Strong written and verbal communication skills. Produce presentation quality reports accurately translating data into meaningful information used for decision making. Ability to direct, monitor and lead other staff members within the Finance department and from other departments working together to complete projects. Extensive knowledge and in-depth understanding of financial principles including analysis of corporate financial statement cost reports, variance analysis and budgeting. Broad operational understanding of the internal and external health care environment is required. Ability to exercise good judgment in areas of high complexity when the situation warrants. Advanced skill in general office software such as Excel, Work, Office, PowerPoint, Outlook, etc.