| Date | 2024-07-07 |
|---|---|
| Job Title | Cost And Management Accountant |
| Employer | EMPIRE RECRUITMENT More Information |
| Salary | 350000 |
| Category | Finance Accounting |
| Location |
Gauteng / Johannesburg |
Job Summary
Our client that specialises in the engineering industry requires the expertise of a Cost and Management Accountant. This is an opportunity to be apart of a global company that has a name synonymous with their niche.
Key
Responsibilities:
- Daily tracking of costing flow functioning properly and keeping in touch with the involved departments to support corrections.
- Review of operating margins at product level in order to ensure that margins are being maintained and costing errors are highlighted and resolved.
- Prepare/ Review product and preliminary costings, specific cost impacts and conduct associated procedures.
- Maintain financial system integrity to ensure that all costings are applied correctly and timeously, and product costs are complete and accurate.
- Maintain costing database (i.e. BOM).
- Implement and review changes to item master.
- Applied marginal costing where applicable for transfer pricing.
- Responsible for the annual Hourly rated determination and roll up process in SAP.
- Manage month-end/year-end closure process and perform all Inventory related balance sheet reconciliations, as required.
- Monthly management of company COGS including PPV (Purchase price variance including FX impact), Freight variances, Inventory adjustments.
- All aspects of inventory management including the annual stock counts and reconciliation of variances (FIFO, GAAP, KPI zero cost inventory).
- Monthly monitoring of obsolescence and slow-moving stock provision in line with Company.
- Assist with budgets and quarterly forecasts from a COGS (Cost of Goods Sold) point of view.
Supply Chain
- Business partnering with the, Supply Chain and Operations Department.
- Monthly tracking of all supply chain related cost and challenging the Supply Chain department (Finished goods imports, Import Costs).
- Follow up with Supply Chain Manager and resolve zero cost inventory.
Financial Accounting and Reporting
- Play an active role in improving internal control processes within the Finance, Supply Chain and Operations environment.
- Monthly balance sheet responsibility of all Inventory accounts including sub-ledger and obsolescence recons.
- Consult with HQ controllership on all COGS related matter.
- Monthly reporting responsibility for Supply Chain related reporting (Inventory/ Freight/Freight recovery & Low Margin report).
- Preparation and presenting of Ad-Hoc reports or analysis required (Pricing of a specific project, What If analysis, Sales Analysis etc.)
Qualifications:
- A recognized cost accounting or finance qualification from a SA university
- CIMA qualification is preferable
- A detailed knowledge of the SAP informatics system
- 3 to 5 years of post-qualification experience in a finance-costing role, preferably with a multi-national corporation
Cost And Management Accountant position available in Gauteng, Johannesburg. This job position was posted by EMPIRE RECRUITMENT. The job has been posted as a premium ad on 2024-07-07 at 13:22:16 in the Finance Accounting category
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