Description:
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 informa...
Additional Info:
3 to 5 years
Salary: RR350000 to R500000
Job Reference #: 1461721971
20 Jan 2023;
from:
gumtree.co.za