Senior Cost Analyst

Recruiter:

Network Finance

Job Ref:

NWC011516/SSc

Date posted:

Monday, July 5, 2021

Location:

Johannesburg, South Africa

Salary:

850000 Annually

SUMMARY:
A South African bank is looking for a Lead Analyst: Costing to join they exceptional team in Sandton.

POSITION INFO:

A South African bank is looking for a Lead Analyst: Costing to join they exceptional team in Sandton.

This specific bank has emerged as the best bank in the world by International banking advisory group Lafferty in its inaugural Bank Quality Rankings and when it comes to customer satisfaction as per the results by South African Customer Satisfaction this bank comes first.

Are you energetic and self-motivated individual and hold the CA(SA) or CIMA Qualification with a strong passion for costing? This role is for you!

The successful Lead Analyst: Costing and Projects will be responsible for:

Ensure that the activity-based cost models are up to date and accurate across all dimensions, including transactions, products and distribution channels, and trusted by the business to drive decision making
Apply the activity-based costing framework through building new models and/or interrogating existing models in order to generate new insights that contribute to optimising the business
This requires knowledge and understanding of activity-based costing principles, typically acquired through studying Management Accounting principles
Activity-based costing / Fixed cost allocation / Company structure / Business knowledge
Make significant enhancements to existing models
Build new models
Drive business and MTSC sign-off of the above
Develop optimal solutions to complex problems with a high financial impact
Provide cost-benefit support on all business cases assigned to the Projects team
Assist departments with ad-hoc costing requirements
Run the existing models in order to calculate and analyse the monthly cost model results timeously
Reporting of results to stakeholders
Monitor monthly cost model outputs and perform variance analysis. Drive inclusion of insights gained back into the cost model
Maintain model documentation to the standard as required by internal and external stakeholders, including RDARR principles
Assist departments with ad-hoc costing requirements

Qualifications:

Minimum: Bachelor’s degree
CA(SA)/ CIMA Completed

Experience:

8 years’ experience in an finance/ cost and management accounting function
Strong strategic understanding of costing ( ABC/ Forecasting and budgeting/ modelling)
Experience in a management role dealing with stakeholders and Exco
Financial service experience is a MUST (Business / Retail Banking)

Apply now!

For more finance jobs, please visit www.networkrecruitment.co.za

If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.

For more information contact:

Shouneez J Scheepers

Executive Consultant: IT/Internal Audit and CA (SA)

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

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