Cost Accountant

Gauteng, South Africa

Job Description


  • Proactiveness
  • Responsiveness
  • Attention to detail
  • Reliability
  • Integrity
  • Self-confidence and awareness
  • Assertiveness
  • Self-starter and quick learner
  • Problem-solving and solutions orientation
  • Organized and self-motivated
  • Strong achievement orientation and ambition to succeed
  • Determination and tenacity
  • Bias for action
  • Presentability
  • Collaboration
  • Discipline
Qualifications
  • BCom Accounting/BTech Cost Accounting or equivalent qualification
  • CA/ CIMA /Post Graduate qualification in Management Accounting advantageous
Experience
  • A minimum of 3-4 years experience at a similar level
  • At least 3-5 years Manufacturing environment essential
  • Standard & FIFO Costing Method Experience
Duties
  • To perform required duties for effective monitoring, control and management of Inventory
  • To provide key stake holders with product cost of sales based on a set of monthly standard costs for informed business decisions
  • To analyse information identifying abnormal variances for investigation and driving the resolution thereof
  • Maintain Bill of Materials to ensure accuracy of cost in the system
  • Maintaining new cost prices and transport rates monthly
  • To provide inventory and pricing support to decentralized Business Units for effective query resolution
  • To provide support to the finance team in effective resolution of business unit queries
  • To facilitate problem solving sessions for inventory variances etc
  • Co-ordinate and control regular Stock Counts for the area under their responsibility
  • To finalize month end process by performing close off procedures against deadlines
  • To finalize year end process by performing close off procedures against audit deadlines
  • To perform reconciliations to monitor the validity of transaction
  • Attending stock takes bi-monthly and monthly
  • Attending maintenance spares bi-annually and sign stock sheets
  • Investigating incorrect capturing of raw material codes and resolving with relevant plant managers
  • Monitoring and managing the Goods-In-Transit and resolving variances timeously
  • Submitting stock reports with comments on abnormal costs
  • Identifying Usage Variances Losses and verifying them with relevant mangers
  • Ensure all relevant work orders are closed and work orders not closed must be listed at month end per Work Order Number
  • Ensure accuracy of standard costs and recovery rates
  • Analysing the Purchase Price Variances and other and and investigate anomalies
  • Budget preaparation for manufacturing expenses and accurately calalculating of labour and overheads recovery rates
  • Preparation of the budget manufacturing expenses and manufacturing recoveries template for upload to VENA.
  • Escalation of variances and anomalies in order to detect and investigate possible thefts, fraud, misrepresentation, etc
  • Collaborate with other departments in managing and controlling all stock and costing related matters
  • Train or facilitate the training of staff on Costing, Controls, and any other management accounting related topics.
Job Competencies
  • Extensive practical and theoretical knowledge of Costing and Management Accounting Principles
  • In-depth knowledge of financial principles and processes (IFRS, Tax Regulations and other applicable legislation)
  • Good understanding of relevant legislation
  • Good understanding of core business principles and processes , including governance and internal controls
  • Good knowledge of manufacturing environment
  • Exceptional communication skills
  • Ability to manage conflict
  • Highly proficient in Microsoft Excel and other applications - Must be able to use data to deliver insights that help business decision making
  • Good tax knowledge

Omnia Holdings

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Job Detail

  • Job Id
    JD1327868
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Gauteng, South Africa
  • Education
    Not mentioned