Cost & Management Accountant

SUMMARY:
Our client, a National manufacturing company, seeks your financial experience to provide an overview and analysis of COS and Gross Contributions Stats, as well as to assist with sales related projects and complete adhoc feasibility projects for Financial Executive.

POSITION INFO:
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

• 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 BOM’s 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.

• 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.