Requirements:
B.Com or Diploma in Financial Accounting essential. Minimum 2 to 3 years experience in management accounting role. Automotive Industry and Manufacturing environment experience essential. Key Performance Areas: Report to the Commercial Manager: 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. Cost Accounting: Prepare and review details product costing analysis. Analyse all current stock and make recommendations for the financial recovery on distressed stock. Calculate and propose potential price increases. Review GP percentage of individual BOMs and identify distress stock. Participate in continuous improvement initiatives. Costing: Provide indicative “what-if” costings and impact on profitability. Work closely with 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 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 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. 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. Develop commercial reports. Work closely with IT to automate reporting where possible. Weekly tracking of costings done to create visibility of projects. Teamwork, Self-Management, and Management of Staff: 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. Support and drive the business core values. Manage colleagues and clients expectations and communicate appropriately. 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.
Cost & Management Accountant position available in eThekwini, Durban. This job position was posted by . The job has been posted on 2025-01-24 in the Accounting Finance category
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