Occupational Certificate: Management Accountant

SAQA ID 112809

NQF Level 08

Credits 180

Course Overview

The Occupational Certificate: Management Accountant prepares learners to excel as Management Accountants, who serve as business strategists linking organizational goals to operational practices. They play a vital role in guiding decisions that foster sustainable business growth and managing organizational performance and risk. Graduates will perform various financial management tasks across all sectors, applying both theoretical knowledge and technical skills effectively.

Exit Level Outcomes

Economic Insights: Provide information on areas of economic activity relevant to an organisation's decisions and apply within this context the numerical techniques to support such decisions.
Organisational Management: Provide direction on the efficient management and interaction of organisational structure and operational functions to achieve the organisational strategy.
Strategy Implementation: Manage implementation of organisational strategy through people, processes and relationships.
Vision and Change: Create and articulate the vision and direction for the growth and long-term sustainable success of the organisation, including successfully managing and leading change within the process of strategy formulation and implementation.
Cost Management: Identify and classify costs and cost behaviour and apply budgetary control measures.
Budget Preparation: Prepare organisational budgets and provide advice regarding products and services, taking into consideration production costs, drivers of costs, sales volumes and prices as well as the short-term risks associated with all of these.
Cost Analysis: Analyse, plan and manage costs to support the implementation of the organisation's strategy and assess investment decisions and their associated risks.
Risk Management: Identify, evaluate and manage various risks that could adversely affect the implementation of the organisation's strategy.
Financial Statements: Prepare financial statements within a conceptual and regulatory framework.
Working Capital: Manage working capital and analyse financial statements which have been prepared using appropriate international financial reporting standards to facilitate business decision making.
Consolidated Statements: Use consolidated financial statements to analyse performance and position and source the long-term finance required to fund the operations of organisations, particularly their capital investments.
Financial Strategy: Formulate and implement a financial strategy to support the objectives of the organisation.
Ethics and Governance: Apply ethical values in the context of corporate governance and company administration.

Key Competencies

Provide economic insights and apply numerical techniques to support organizational decisions.
Guide the efficient management of structures and operational functions aligned with organizational strategy.
Manage implementation of strategies through effective leadership and relationship management.
Create and communicate a vision for long-term organizational success while managing change.
Identify and analyze costs, prepare budgets, and assess investment risks.
Prepare financial statements in accordance with international standards to facilitate decision-making.
Formulate and implement financial strategies, upholding ethical standards in corporate governance.

Articulation Options

Horizontal Articulation: Bachelor of Accounting Sciences Honours in Management Accounting, Level 8; Bachelor of Commerce Honours in Management Accounting, Level 8.
Vertical Articulation: Master of Commerce in Management Accounting, Level 9.