Posted on: 05 September 2024
ID 922964

Cost Management Accountant

Cost & Management Accountant Finance

Durban - KwaZulu Natal - South Africa

Our client, a listed multinational manufacturing company in South Africa, is looking for a Cost & Management Accountant to provide overview & analysis of Cost of Sales & Gross Contributions Stats at Business Unit level, as well as assist with Sales related projects & complete ad-hoc feasibility projects.

This is an EE position, therefore preference will be given to African & Coloured applicants.

Requirements:
  • Bachelor of Commerce / Diploma in Financial Accounting
  • 3 years' experience in a management accounting role
  • Automotive & Manufacturing experience
Key Performance Areas:
  • Participate in organisational strategy management from a financial management perspective
  • Provide financial analysis & support to management & all operational areas of the business
  • Maintain & update accounting system
  • Prepare & review details product costing for all new parts
  • Analyse all current parts & make recommendations for the financial recovery on distressed parts
  • Calculate & propose potential price increases
  • Provide indicative what-if costings and impact on profitability for: New Product Generation and Specification to existing products.
  • Work closely with technical team to ensure integrity of the control sheet.
  • Provide meaningful profitability information and recommend ways to optimise customer profitability and project profitability for new business.
  • Recover margin in underperforming categories by highlighting commercial impact (margin enhancement vs volume opportunity) and assisted in strategic decision making.
  • Support the Business Development Managers in the use of system tools regarding costing and profitability.
  • Create a platform within quarterly profitability review to evaluate the success of project post launch review, providing insight and learnings which can be taken into future launches.
  • Weekly tracking of costings done to create visibility of projects in order to manage workload with projects and customer focus teams.
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Occupation:
Management, human resources jobs


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