Lead Cost Accountant

Recruiter:

Communicate Recruitment: Finance 3

Job Ref:

CPM046593/SPu

Date posted:

Tuesday, July 13, 2021

Location:

Johannesburg, South Africa

Salary:

900 000 Annually

SUMMARY:
A leading organization within the FMCG industry is looking for a Lead Cost Accountant to join their dynamic team.

POSITION INFO:

Minimum Requirements:

CA(SA) OR CIMA Completed
8 years’ experience in the FMCG or Manufacturing industry
Operational experience is essential
System experience on Oracle/ SAP
Minimum 3 years’ experience in supervisory role

Responsibilities:

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 visit our website --------Please upload your CV here--------> to submit your CV directly or to view other Finance related jobs. If you have not had any response in two weeks, please consider your application unsuccessful. Your profile will be kept on our database for any other suitable positions.

We also invite you to contact us to discuss other exciting career opportunities in Finance For more information, please call Santhurie Pungan on 087 -----

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

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