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Cost and Management Accountant - Eastern Cape, East London

Abantu Staffing Solutions
East London East London, Eastern Cape Buffalo City, South Africa
Closing date
Oct 13, 2023

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Job Role
Contract Type
Full Time

To provide overview and analysis of COS and Gross Contributions Stats at division level, as well as assist with Sales related projects and complete ad-hoc feasibility projects for Financial Executive.

Minimum requirements:

  • Grade 12
  • National Diploma: Financial Accounting (or equivalent)
  • 5+ years' experience in a Management Accounting role
  • Experience in a manufacturing environment essential
  • Experience in automotive manufacturing environment advantageous


Cost Accounting:

  • Prepare and review details product costing analysis for all new parts
  • Analysis all current parts and make recommendations for the financial recovery on distressed parts.
  • Calculate and propose potential price increases
  • Review GP percentage of individual BOM's and identify distress parts
  • Participate in continuous improvement initiatives.


  • Provide indicative “what-if” costings and impact on profitability for: New Product Generation and Specification to existing products.
  • Worked closely with technical team to ensure integrity of the control sheet.
  • Worked 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 team.

Costing Analysis:

  • Provide meaningful profitability information and recommend ways to optimise OEM profitability and project profitability for new business.
  • Recover margin in underperforming categories by highlighting commercial impact (margin enhancement vs volume opportunity) and assisted 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.
  • Challenge product enhancement opportunities.
  • Attend customer and commercial meetings to provide insight to ongoing projects and commercial items.


  • 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.
  • Weekly tracking of costings done to create visibility of projects manage workload with project and customer team

General Finance:

  • Provide Financial analysis and support to management and all operational areas of the business.
  • Maintain and update accounting system (ERP: BPCS)
  • Ensure compliance with internal control

Financial Strategy:

  • Participate in organisational strategy management from a financial management perspective.

Desired Skills:
  • Analysis
  • Cost Accounting
  • Costing
  • Management Accounting
  • Reporting

Employer & Job Benefits:
  • Medical Aid Contribution
  • Provident Fund Contribution
  • Annual Bonuses

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