Durban: Product Costing Administrator posted by Hire Resolve

About the Role

Hire Resolve’s Client is currently seeking a skilled Product Costing Administrator to join their dynamic team in Durban. As a Product Costing Administrator, you will be responsible for performing administration functions that contribute to the profitability, business growth and sustainability of the Company.

Key Responsibilities

• Provide administration support as input into distribution of volumes budgeted for specific parts and components.
• Perform selling price adjustments in line with customer parameters (e.g., foreign exchange), licensor requirements and supplier submissions in consultation with the Bill of Materials (BOM)
• Record and control all request for quotations, collate information to prepare and submit customer quotations.
• Apply basic understanding of costing principles to perform various job functions.
• Perform amortization calculation of investment for various components.
• Record and track the approved price change notifications (PCNs) for customer pricing reviews.
• Collate invoices for all components to conduct FOB adjustments, verification, and validation with the Customer.
• Create cost studies to measure impacts of engineering changes.
• Work with Finance Department (Costing) to monitor and maintain gap between Annual Price Reviews (APRs) and forex declarations for the Customer.
• Compile Bills of Material comparison report when required by the business.
• Draw information from different sources and perform calculations to assist in margin analysis.
• Create forecast/Budget customer volumes and selling prices as per schedule issued by Finance.
• Recreate APR using the new JDE platform to verify the APR.
• Create a summary of cost studies for verification with the Customer and validate these studied with the Costing Department.
• Track implementation dates of Engineering Change Instruction (ECIs) and notify the Customer and provide support documentation.
• Receive quotations from the Costing Department and edit documents to meet the requirements of the Customer format.
• Perform ad hoc general costing and sales administration on request.

Requirements

• BTech/Advanced Diploma in Cost and Management Accounting or BCom (Cost Management major)
• Minimum of 3 – 5 years experience in costing within a manufacturing environment
• Ability to perform complex calculations using advanced Microsoft Excel skills
• Customer liaison experience
• Experience in working within an Original Equipment Manufacturer (OEM) environment
• JDE system experience

Qualifications

No formal education or certifications mentioned.

Salary & Benefits

Salary negotiable.