Job Description

Minimum Job Requirements:

• Matric essential.
• B.Com or Diploma in Financial Accounting, a must.
• Minimum 2 to 3 years experience in management accounting role within the Automotive Industry or Manufacturing environment

Key Performance Areas:
Report to the Finance & Commercial Manager:

• Cost Accounting:

• Prepare and review details product costing analysis.
• Analysis all current products and make recommendations for financial recovery.
• Calculate and propose potential price increases
• Review GP percentage of individual BOMs and identify distress products.
• Participate in continuous improvement initiatives.
• Costing:

• Provide indicative what-if costings and impact on profitability.
• Worked closely with:

• Technical team to ensure integrity of the control sheet;
• Factory Accountants to facilitate an understanding of and ensure that most current costs (both production and distribution) are used when calculating the profitability.
• Effectively communicate and present findings as well as recommendations to Management.
• Costing Analysis:

• Provide meaningful profitability information and recommend ways to optimise profitability and project profitability for new business.
• Recover margin in underperforming categories by highlighting commercial impact (margin enhancement vs volume opportunity) and assist in strategic decision-making.
• Support the Business Development Managers in the use of system tools regarding costing and profitability.
• Support Commercial Manager in considering product rationalisation, mix comparisons and other business improvement opportunities.
• Attend customer and commercial meetings to provide insight to ongoing projects and commercial items.
• Financial Strategy:

• Participate in organisational strategy management from a financial management perspective.
• General Financial:

• Provide financial analysis and support to Management and all operational areas.
• Maintain and update accounting system.
• Ensure compliance with internal control.
• Reporting:

• Create a platform within quarterly profitability review to evaluate the success of project post launch review, providing insight and learnings.
• Develop suitable standard of commercial reports that will provide insight, stimulate further discussion, and assist in decision-making.
• Work closely with IT to automate reporting where possible.
• Weekly tracking of costings done to create visibility of projects, manage workload with project and customer team.

Competencies:

• Take ownership and accountability for tasks and activities.
• Demonstrate effective self-management in terms of planning and prioritising, and self-development.
• Follow through to ensure that quality and productivity standards of work are consistently and accurately maintained.
• Inform relevant parties in the event of tasks or deadlines not met, the potential risks thereof and provided appropriate resolution.
• Demonstrate willingness to help others and go the extra mile to meet team targets and objectives.
• Participate and drive regular performance appraisals and ensure that own targets and goals are clear and achievable.
• Maintain a basic appreciation and awareness of employee relations climate and ensure corrective action is taken where required in line with relevant legislation and company policy.

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