Cost and Management Accountant

Recruiter:

SHARON NUROCK RECRUITMENT CC

Job Ref:

DUR002410/SN

Date posted:

Saturday, May 21, 2022

Location:

Durban, South Africa

Salary:

600 000 per annum (cost to company) negotiable

JOB SUMMARY:
Our client, a leading manufacturing concern, is looking for an experienced individual, to provide overview and analysis at contribution level, as well as support on commercial related projects. Reporting to the Commercial Manager.

JOB DESCRIPTION:

Minimum Requirements:

B.Com Degree in Financial Accounting or related.
Min 4 years experience in a management accounting / costing role.
Automotive and manufacturing environment experience.

Skills and Competencies:

Outspoken, eager and willing.
Independent worker.
Team player.
Confident to provide insight to internal and external customers at commercial meetings.
Excellent report writing skills.

Key Performance Areas:

Financial:

Participate in organisational strategy management from a financial management perspective.
Provide financial analysis and support to management and all operational areas of the business.
Maintain and update accounting system (ERP: BPCS).
Ensure compliance with internal controls.

Cost Accounting:

Prepare and review detailed product costing analysis for all new parts.
Analyse all current parts and make recommendations for the financial recovery on distressed parts.
Calculate and propose potential price increases.
Review GP percentage of individual BOM’s and identify distressed parts.
Participate in continuous improvement initiatives.

Costing:

Provide indicative “what-if” costings and impact on profitability for: New Product Generation and Specification to existing products.
Work closely with Technical team to ensure integrity of the control sheet.
Work closely with Factory Accountants to ensure that most current costs are used when calculating the profitability.
Effectively communicate and present findings as well as recommendations to various stakeholders and the rest of the cross functional team.

Costing Analysis:

Provide meaningful profitability information and recommend ways to optimise OEM profitability and project profitability for new business.
Recover margin in under-performing categories by highlighting commercial impact and assist in strategic decision making.
Support the Business Development Managers in the use of system tools regarding costing and profitability.
Support Commercial Manager in considering product rationalisation, mix comparisons and other business improvement opportunities.
Challenge product enhancement opportunities.
Attend client and commercial meetings to provide insight to ongoing projects and commercial items.

Reporting:

Create a platform within quarterly profitability review to evaluate the success of project post launch review, providing insight and learnings which can be taken into future launches.
Develop suitable standard of commercial reports that will provide insight, stimulate further discussion, and assist in decision making across RFQ patch.
Work closely with IT to automate reporting where possible.
Weekly tracking of costings done to create visibility of projects manage workload with project and client team.

Effective teamwork, self-management, and management of staff:

Take ownership and accountability for tasks and activities.
Demonstrate effective self-management in terms of planning and prioritising, and self-development.
Follow through to ensure that quality and productivity standards of work are consistently and accurately maintained.
Inform relevant parties in the event of tasks or deadlines not met, the potential risks thereof and provide appropriate resolution.
Support and drive the business core values.
Manage colleagues and client’s expectations and communicate appropriately.
Demonstrate willingness to help others and “go the extra mile” to meet team targets and objectives.
Participate and drive regular performance appraisals and ensure that own targets and goals are clear and achievable.

This is your chance to make a difference!

NB! This job is now closed. You can apply for other jobs by uploading your CV.

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