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Cost & Management Accountant

Employer
Sharon Nurock Recruitment c.c.
Location
Durban Durban, Durban eThekwini, South Africa
Salary
Competitive
Closing date
Oct 7, 2022

View more

Job Role
Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Reference: DUR002485-SN-2

Our client, a national manufacturing concern needs your experience and expertise to provide overview and analysis of COS and Gross Contributions Stats at division level, as well as assist with Sales related projects and complete adhoc feasibility projects for Financial Executive.
The Person:
  • National Diploma in Cost & Management Accounting or equivalent.
  • CIMA would be an advantage.
  • Minimum 5 years' experience in a similar role within the Automotive Industry / Manufacturing environment.
  • Must have a strong costing background.
  • Commercial experience.
The Job:
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 of the
  • Maintain and update accounting system (ERP: BPCS).
  • Ensure compliance with internal control.
Cost Accounting:
  • Prepare and review details product costing analysis for all new parts.
  • Analyse all current parts and make recommendations for the financial recovery on distressed
  • Calculate and propose potential price increases.
  • Review GP percentage of individual BOM's and identify distress parts.
  • Participate in continuous improvement initiatives.
Costing:
  • Provide indicative “what-if” costings and impact on profitability for: New Product Generation and Specification to existing products.
  • Work closely with the Technical team to ensure integrity of the control sheet.
  • Work closely with 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 the Commercial Manager, Business Development Manager, Technical team and the rest of the cross functional
Cost Analysis:
  • Provide meaningful profitability information and recommend ways to optimise OEM profitability and project profitability for new business.
  • Recover margin in under-performing 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
  • Support Commercial Manager in considering product rationalisation, mix comparisons and other business improvement opportunities.
  • Challenge product enhancement opportunities.
  • Attend customer and commercial meetings to provide insight to ongoing projects and commercial items.
Reporting:
  • Create a platform within quarterly profitability review to evaluate the success of project post launch review, providing insight and learnings which can be taken into future launches.
  • Develop suitable standard of commercial reports that will provide insight, stimulate further discussion, and assist in decision making across RFQ patch.
  • Work closely with IT to automate reporting where possible.
  • Weekly tracking of costings done to create visibility of projects.
Effective teamwork, self-management, and management of staff:
  • Good sense of structure, processes and controls.
  • Experience in managing/supervising staff
  • Good grasp of brilliant basics.
  • Take ownership and accountability for tasks and activities.
  • Demonstrate effective self-{1}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.
  • Support and drive the business core values.
  • Manage colleagues and client's expectations and communicate appropriately.
  • Demonstrate willingness to help others and “go the extra mile” to meet team targets.
  • 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.

R750 000.00 per annum (cost to company) - negotiable

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