Management accountant program

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SOFTWARE: MYOB, Excel

DURATION: 14 Sessions (8 hours per session)

The Management Accountant Job Ready Program seeks to provide the skill set to those who want to work for a medium to large business in a corporate accounting role. This program aims to give you a strong foundation in hard accounting skills including cost account, bookkeeping and Excel to make you job ready for typical corporate accounting roles and build your career in management accounting.

This program includes training in the following areas:

Management Accounting

  • Management accounting concepts and how to apply them to business
  • Development and reporting of SMART KPI’s
  • Development and generation of management reports
  • Production of management and ad-hoc reports using Excel
  • Budgeting and forecasting
  • Produce appropriate variance analysis
  • Calculating accruals or prepayment
  • Reconciliation
  • Systems and processes

Cost Accounting

  • Cost accounting vs management accounting
  • Advantages and objectives of cost accounting
  • Classification of costs
  • Cost object
  • Costing methods and how to apply them
  • Cost allocation and accumulation
  • Costing data for decision and control purposes
  • Margin, absorption and differential costing methods
  • Inventory management utilising Cost – Volume – Profit analysis (CVP)
  • Assessing business opportunities using breakeven analysis

Bookkeeping

  • Setting up a company
  • Processing purchases and sales invoices
  • Processing accounts payable and accounts receivable
  • Recording of a deposit on purchases
  • Recording credit notes and overpayments
  • Process payroll – PAYG withholding and PAYG instalments
  • Recording employer contributions and deductions in payroll
  • Inventory adjustments for month-end via general journal
  • Bank reconciliation
  • Extracting and preparing reports – profit & loss and balance sheet
  • BAS / annual GST return lodgement

Microsoft Excel

Trainees may choose one level of their choice from Beginners, Intermediate or Advanced level. Please refer to here to see which Excel level is the most relevant and suitable to you.

Upon completion of the Management Accountant Job Ready Program, trainees will have the appropriate and up-to-date skills and knowledge to apply for relevant job positions such as:

  • Assistant accountant
  • Assistant management accountant
  • Assistant cost accountant

 

DURING THE PROGRAM:

Hands-on practical training

Personalised guided-learning

Training facilities and materials provided

Industry qualified trainers

Optional free Xero training

Online forum for on-going support

UPON COMPLETION:

Certificate of completion

Reference letter available

Resume and job support toolkit

Career coaching workshops

Internship opportunities