| Date | 2025-01-23 |
|---|---|
| Job Title | Cost & Management Accountant |
| Employer | Sharon Nurock Recruitment cc More Information |
| Salary | 0 |
| Category | Manufacturing |
| Location |
Kwazulu Natal / Durban |
Job Summary
Minimum Job
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 BOM’s 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 client’s 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 Kwazulu-Natal, Durban. This job position was posted by Sharon Nurock Recruitment cc. The job has been posted as a char8000 ad on 2025-01-23 at 01:00:34 in the Manufacturing category
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