Management Accountant: Production Costs

SUMMARY:
Have you always seen production as a part of you? Does working in a manufacturing environment fulfil you? Our client is looking for a Management Accountant to join their team. A young, energetic, optimistic, solution driven individual will do well in this role. Join a team of intelligent, great work ethic and expand your skill in a challenging environment with lots of growth potential by forwarding your cv to ofentse@salixrecruitment.co.za

POSITION INFO:
Duties:
 

• Responsible for providing variations analysis, downloads and forecasts in real time and summarising these through the month end close and forecasting process.
• As part of regular reporting cycle, provide Plant Management team, Business and Finance stakeholders with prompt, clear, comprehensive reporting summarising monthly production costs against targets. Specifically:
• Responsible for MOR submissions for all variations to standard lines in the plant.
• Responsible for reviewing cost centre accounts with the GL Accountants and Metal Accountants ensuring any accounting entries required are made to ensure that balance sheets are recorded accurately.
• Work closely with the Plant Finance Manager to provide business partnering support to the plant operations team undertaking variance analysis reviews on standards, identification of trend and preparing root cause analysis. Use this analysis to improve profit by identifying risks and opportunities, translating this into actionable insights and plans, setting stretch target plans and monitoring plan execution.  
• Act as the key liaison point for the sector product costing and segment analyst teams in understanding short and long-term standard cost developments for the plant, and work with these teams to set standard costs for the plant for both new product introductions and for an annual re-setting of existing product standards.
• Liaise with all departments, especially production, procurement and logistics, to support the product costing team in submitting standard costs, including material standards, metal usage standards and allocation of overheads following sector policies. Align standard costs to ensure they map to the procurement, manufacturing and supply chain excellence improvements signed off by the plant and sector management teams.
• Work closely with the Sector FP&A team to provide a robust suite of standard operational management reports and dashboards enabling monitoring and measuring of key cost drivers to support management insights.
• Prepare ad hoc Plant financial analysis to support Plant Management team with tactical and strategic decision-making including process optimisation suggestions.
• Develop and maintain strong relationships with Plant Management team and Sector team stakeholders involved in Plant management accounting processes and support the development and adherence to local accounting policies and procedures.
• Act as a leading figure in change and continuous improvement of the plant’s insights & decision support processes including implementation of innovative technologies, standard processes, process automation and productivity improvements

• Grade 12(Matric)
• BCom degree Accounting / Cost and Management
• Professional accounting qualification, e.g. ACA, CIMA or CA(SA)

• Completed SAICA Articles
• 2-3 years’ experience post articles experience
• Significant experience in financial cost management and analysis
• substantial experience within Finance function preferably in the manufacturing environment
• Ability to work collaboratively and provide appropriate challenge and insight, often under time pressure
• Good analytical skills
• Ability to analyse data, communicate it simply and determine impactful action plans

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