Position Description
Position: Management Accountant
Reports To: Finance Manager - Generation, Wholesale and Support Functions
Function: Finance
Location: Melbourne
EC Job Classification: Team Leader/Specialist
Critical Infrastructure role: No
Approved By: CFO (This is either the CEO or the function GM.)
Approval Date: 19/04/2021
Position creation date:
Last review date: 16/05/2025
Purpose
* This role provides accounting and commercial support to the Generation, Wholesale, and Support Functions, to assist in meeting their goals and objectives.
* It provides accounting and administration support to Pacific Blue for monthly accounting transactions, budgeting, forecasting and analysis.
* The role assists in the areas of Accounts Payable, Accounts Receivable, Settlements, Bank Account management, whilst also providing broad support to other areas of the team.
* This role involves demonstrating a strong attention to detail; as well as having the ability to understand, process and articulate information to the Finance team and wider business as appropriate.
Key Duties and Responsibilities
Reporting activities
* Prepare monthly cost center reports including analysis of variances to budget/forecast to discuss regularly with cost center owners.
* Preparing journal entries where required for month end close.
* Coordinate the preparation of the monthly executive reporting pack.
* Support the preparation of the PHPL Group statutory accounts and standalone statutory accounts as required.
* Liaise with the Auditors and other compliance activities.
* Preparation, analysis and reporting of the Generation, Wholesale and Support Functions annual budgets and quarterly forecasts.
* Prepare month-end and year-end management accounting, balance sheet reconciliations, and monthly accrual and prepayment listings.
* Accounting for inventory movements in adherence with Inventory accounting policy.
* Analyse electricity market pricing and contribute to periodic revenue reporting.
* Assist Commercial team in Renewable Energy Certificate Purchase Agreements.
* Ensure continual assessment and identification of process and system improvements.
Receivables and banking
* Preparation of Ad hoc Revenue invoices as required.
* Manage the end of month Bank Reconciliations.
Other activities
* Ad hoc responsibilities and projects as directed by Finance Manager - Generation, Wholesale and Support Functions.
Challenges
* Provide quality and timely financial support services in an environment of significant business growth whilst delivering improved processes, systems and reporting as the finance team strives to become a best practice business support function.
Judgments
* Determine the applicability of accounting standards and tax laws to business transactions.
* Effectively determine when to escalate issues.
* Understand team goals and objectives and prioritise work accordingly.
* Assess the adequacy of own work and the depth of research and analysis required.
* Anticipate queries from financial information users and prepare concise explanations.
Knowledge, experience (including qualification) and skill
Knowledge and Experience
* Accounting degree qualified.
* Good knowledge of accounting standards and Australian taxes.
* Understanding of key components of management and statutory reporting processes and tax compliance in Australia.
* SAP experience highly regarded.
Skills
* Ability to operate an integrated accounting system effectively (SAP R/3 preferred).
* Ability to work autonomously and collaboratively as part of a team.
* Mentoring skills.
* Advanced Excel and basic MS Office skills.
* Power BI skills highly regarded.
* Ability to identify business process, systems and reporting improvements.
* Strong written and verbal communication skills.
* Organise and prioritise work to meet team goals.
* Analyse data and transform it into meaningful information for users.
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