Lead Cost Accountant

Recruiter:

Communicate Recruitment: Finance 3

Job Ref:

CPM046554/KP

Date posted:

Friday, July 2, 2021

Location:

Johannesburg, South Africa

Salary:

1000000

SUMMARY:
A household name in the manufacturing industry is looking for a Lead Cost Accountant to join their expanding team. The Lead Cost Accountant will be responsible for the reporting of, but not limited to, product cost, mix, volume, material, and conversion variances, as well as responsible for the inventory, fixed assets and related balance sheets accounts for your unit.

POSITION INFO:

Realize your potential and take the next step in advancing your career today.

Minimum Requirements:

CA(SA) OR CIMA Completed
8 years’ experience in working in factories
Operational experience is essential
Experience with ABC Costing
Experience with Oracle/ SAP
Minimum 3 years’ experience in supervisory role

Performance Areas (Responsibilities):

The Lead Cost Accountant’s duties shall include, but not be limited to:

Setting, uploading and monitoring standard costs (using a fully absorbed, activity based model) with the assistance of procurement and operations.
Accurate and timeous loading of new and amended bill of materials
Reporting weekly on factory performance for the current month
Reviewing and following up on open orders, long outstanding orders.
Perform month-end accruals, cut-off transactions, reallocations and validation of accounts for the period close on a monthly basis.
Pro-actively manage variances on a daily basis with the cost analyst, escalating to site
management for action, in order to minimize losses
Perform monthly reporting and validation of material variances, under and over recoveries and continuous improvement projects
Report on and assist department heads with cost control, budgeting and forecasting
Ensure full transparency of costs and financial impact to the organization of major or strategic decisions relating to the factory or cluster of responsibility
Ensure that capital and operating expenditure and other scenario based calculations are properly investigated, detailed and yield the expected returns.
Ensure that internal controls at the unit are adequate, regularly monitored, compliant with standard operating procedures and to assist with preparation and support during audits and self-assessments.
Seek for and support cost improvement opportunities, be an active contributor to improvement projects and initiatives, validate and review proposed savings.
Reconcile and validate inventory, fixed assets and related balance sheet accounts.
Attend stock takes and ensure adherence to standard operating procedures including assisting with the authorization of inventory write-off
Provide ongoing guidance and support to cost accountants within your manufacturing cluster including the review and timeous delivery of outputs within your team.

Please apply directly, by clicking on the apply button or visit --------Please upload your CV here--------> for more exciting finance opportunities.

If you have not had any response from us in two weeks, please consider your application unsuccessful. Your profile will be kept on our data base for any other suitable positions.

For more information, contact:

Contact number: -----

Recruitment Consultant: Kaylah Pillay

Email: kaypillay@------

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

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