Cost Analyst

JOB DESCRIPTION

You are responsible to drive continuous improvement in the unit in order to maintain and improve operating efficiencies, reduce cost and improve sustainability You will act as a custodian for the production batch/job management as well as stock management process You will provide support to the process engineer and production staff, with a particular focus on tracking financial benefits around continuous improvement and value add projects

RESPONSIBILITIES

• Perform data analysis, root cause analysis and work with the cost accountant to implement process improvements to support issue resolution and optimizing production processes to eliminate losses, improve capacity, throughput and reduce conversion cost.

• Assist with mass balance calculations and monitoring of actual waste factors vs benchmarked standards.

• Monitor material issues and returns and ensure adherence to standard operating procedures

• Track the financial benefits associated with the various improvement projects

• Work with the Production, R&D, Technology and Quality teams to support the design of new systems and processes for the introduction of new products and the improvement of existing processes, with regard to financial benefits

• Ensure that jobs and batches are opened and closed timeously

• Report on actual volumes and variances vs plan on a daily basis, escalating to cost accountant and site management for action, in order to minimize losses

• Assist Cost Accountant with variance analysis and validation monthly

• Training production staff to complete basic system transactions, to ensure that internal controls and standard practice is followed at all times

• Assist cost accountant with internal controls at the unit ensuring compliance with standard operating procedures and assist with preparation and support during audits and self assessments.

• Attend stock takes and assist cost accountant to ensure compliance to standard operating procedure

QUALIFICATIONS

• Function Graduate with a 3 year degree/diploma in costing, administration or related fields.
• Industry FMCG experience is required, exceptions will be considered; Oracle experience preferred
• Analytical skill and ability to display problem solving qualities
• Intermediate to advanced excel skills
• Effective communication, Interpersonal skills, continuous learning, detail orientated, numerical acumen and accurate, self-motivated, high level of personal discipline and deadline driven.

In accordance with the employment equity plan of Tiger Brands and its employment equity goals and targets, preference may be given, but is not limited, to candidates from under-represented designated groups.