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Durban: Project Accountant posted by Tower Group

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Job Description

About the Role

Our client, a leader in the automotive industry, is seeking a Project Accountant to join their team based in Durban. The successful candidate will be responsible for ensuring pricing accuracy, maintaining standard costs, and compiling project budgets.

Key Responsibilities

  • Sales price maintenance Ensure pricing is always at the correct levels and adhere to increase/decrease submissions based on Forex, raw materials and economic adjustments.
  • Standard cost maintenance Ensure BOMs are accurate for newly launched products. Review costing and judgement of price levels for the various input costs.
  • Compile project budgets Understand profit and loss statements, cashflows and budgeting to ensure projects are profitable and financed correctly.
  • Customer RFQ submissions Complete internal costing for RFQs received from customers, translate into customer formats.
  • Profitability studies Ongoing studies on products to determine costing related problems and actions to rectify.
  • Project accounting Ensure the project account (Ledger) is up to date and reconciled monthly with amortization tables.
  • Ensuring compliance with companies’ internal controls
  • Interaction with plants to resolve queries

Requirements

  • B Com degree or equivalent diploma;
  • 3-5 years experience in a production accounting environment, specifically with the below-mentioned responsibilities.

Qualifications

Salary & Benefits

How to Apply

About Other Motoring Jobs in Kwazulu-Natal

In the Kwazulu-Natal region, South Africa, the motoring industry is a significant contributor to the economy, with various job opportunities available for those passionate about vehicles and mechanical engineering. Typically, this field offers a dynamic work environment, with many companies focusing on innovation, efficiency, and sustainability in their products and services.

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Generally, salaries for motoring-related roles in Kwazulu-Natal can vary widely depending on factors such as experience, company size, and industry sector. For instance, entry-level positions may offer salary ranges between R300 000 to R500 000 per annum, while more senior roles can command salaries ranging from R800 000 to R1 500 000 or more. However, please note that these are broad estimates, and actual salaries may differ significantly.

Common skills required for a career in motoring include mechanical aptitude, problem-solving abilities, effective communication, attention to detail, analytical thinking, and teamwork. Typically, employers seek candidates with a strong foundation in mathematics, physics, and engineering principles. Additionally, experience with industry-standard software and technologies is often preferred. Overall, a strong educational background in a relevant field, such as mechanical engineering or automotive technology, can provide a solid foundation for a successful career in the motoring industry.

The industry sectors that commonly employ motoring professionals include financial services sector, technology industry, manufacturing sector, and logistics and transportation companies. These sectors require specialized knowledge of vehicle systems, maintenance, and repair to ensure efficient operations and compliance with regulatory requirements. In addition, some companies may also have roles available in research and development, testing and quality assurance, or sales and marketing.

Career development opportunities in the motoring industry are diverse and varied. Typically, employees can progress from entry-level positions to specialized roles, such as engineer, technician, or manager. With experience and further education, professionals can move into senior leadership positions, oversee large-scale projects, or even establish their own businesses. Overall, a career in the motoring industry offers a range of challenges, opportunities for growth, and rewards for those passionate about vehicles and mechanical engineering.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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