Assistant Accountant: Manufacturing

7 months ago

Pretoria, South Africa South African Bank Note Company Full time

**Job Summary**:
To support in the implementation and maintenance the standard process for manufacturing and project environment including policies and procedures.

**Main Responsibilities (not limited to)**:
**_Manufacturing Accounting_**
- To document and maintain the standard process costing system including policies and procedures.
- Maintain and ensure the accuracy of the bill of materials and individual product costing.
- Analyse variance against standards including reasons and assist with action plans.
- Ensure accurate stock valuation, including raw materials, work in progress, cost of sales and the valuation of waste.
- Ensure the revaluation of stock from standard to actual at financial year-end.
- Maintain the integrity of the inventory and production modules in the ERP system.
- Conduct monthly inventory counts and reconciliation to the inventory modules.

**_ Project Accounting_**
- To ensure adherence to a sound Project Financial Management Framework (PFMF) that will support the strategy of the company in accordance with International Financial Reporting Standards (IFRS).
- To provide guidance on the Project Investment Decision-Making Models used by the business to inform sound financial decision making.
- To monitor project costs against budgets and cash flow forecasts on an ongoing basis to ensure compliance to approved budgets.
- To prepare comprehensive management accounts and report monthly to the relevant stakeholders on projects.
- To coordinate and ensure project capital costs are correctly budgeted for by stakeholders monthly.
- To provide support and financial guidance to internal and external stakeholders on project financial management related matters in order to optimise the company’s financial performance and business opportunities.
- B Comm (Hons) Accounting or Management Accounting or equivalent
- CIMA or studying towards CIMA will be advantageous
- Minimum 3 to 5 years’ experience in manufacturing/costing accounting.

**Knowledge and Skills**:

- Financial Systems and Procedures
- Project management, analysis and return on investment
- Manufacturing in a process costing environment
- Variance analysis of standard costing
- Planning and Organising
- Tax knowledge
- Provide guidance on sound financial decision making

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