Cost and Management Accountant - 018/2020
Code/Reference:
018/2020
Applications accepted until:
2020-06-08
Number of Openings
1

Employment Type

Permanent

Department

Finance

Minimum Requirements

  • B. Tech Cost and Management Accounting / CIMA / relevant B.Com Honours degree
  • Knowledge of ERP systems
  • 3 years€™ cost accounting experience in a manufacturing environment
  • SAP knowledge preferred

Additional Requirements

*

Specific Operational Requirements

  • The successful candidate will be required to work an 8 hour day between 08h00 to 16h00
  • The incumbent may be required to work additional hours to meet business needs

    In line with the Employment Equity Act, preference will be given to those applicants whose appointment will address the demographic imbalances in our work force profile.

    Due to the nature of the business, pre-employment, routine and exit medical examinations are compulsory.

    All personal information received will be processed in accordance with The Protection of Personal Information Act No. 4 OF 2013

    Applications are invited from suitably qualified candidates meeting the minimum requirements. To apply for this position, please click here https://nbi-sa.jonti2.co.za/.

    If you have not had a response from us within 30 days after the closing date, kindly accept that your application has been unsuccessful

Key Performance Areas

Product Costing

  • Manage and update standard cost of all products
  • Liaise with Planning & Logistics to ensure product costs are updated for changes to Bill of Materials
  • Review changes to Bills of Materials on a monthly basis for validity
  • Establish yearly standard and review labour and overhead rate variances for the plant
  • Assist with annual budget preparation ( product costs, overhead rates)

Cost Accounting

  • Monthly Work in Progress valuation
  • Analyse production variances, obtain explanations and determine corrective action plans
  • Monitor and report on progress against agreed action plans
  • Monthly review of process orders and relevant status
  • Review monthly factory overhead spend versus budget, highlight variances and discuss with relevant cost centre manager
  • Incorporate changes in overhead rates/allocations into product cost model
  • Participate in half yearly and annual stock counts

 Management Accounting and reporting

  • Analyse price variances on a monthly basis and report to management
  • Review inventory holding on a monthly basis, highlight slow moving and embargoed inventory items and ensure required provisions are raised
  • Inventory reporting and explanation of movements
  • Monthly reporting on stock write offs
  • Preparation of Journal entries
  • Prepare general ledger reconciliations for accounts under your control
  • Ensure monthly statistical data is compiled and reported to Statistics SA in stipulated timeframe
  • Identify areas for improvement and recommendations on how to improve overall cost effectiveness within the business
General
  • Attend to ad hoc tasks as assigned by the Financial Manager
  • Develop financial reporting tools to assist with management accounts
  • Assist in finance related projects

Competencies

  • Strong communication, leadership and interpersonal skills
  • Ability to work under pressure
  • Planning and organizing
  • Strong attention to detail and accuracy
  • Able to proactively identify and resolve problems
  • Analytical and problem solving skills
  • Responsible and accountable
  • Ability to work in collaborative team environment