Cost Analyst

3 months ago


Cape Town, South Africa Lesaka Technologies Full time

A vacancy exists for a **Cost** **Analyst **within **Kazang - Micro Merchant Division, Finance **in **Century City, Cape Town**.

The Cost Analyst will be responsible for preparing daily/weekly/monthly reports, overseeing audit files, providing financial information to internal stakeholders to help them make informed business decisions, as well as tracking, analyzing, and controlling costs to maximize profitability

**Key Responsibilities include, but are not limited to**:
**Daily/Weekly/Monthly Reporting**
- Daily sales stats reporting, per sales rep and agent (projected sales, active devices, zero
- trading devices, average revenue per unit).
- Daily/weekly/monthly direct sales and agents income statement reporting, including gross profit per airtime, electricity and other; actual month-to-date and projected for the month versus budget.
- Assistance with monthly Dashboards which are distributed to management.
- Assistance with reports for various stakeholders in the business(Excel and from Content Ready).

**Inventory & Device Amortization**
- Ensure all inventory movements are correctly processed.
- Write off hardware spare usage on a monthly basis.
- Investigation into and write-off of stock variances on a monthly basis.
- Assist with stock reconciliations between Pastel accounting system and Content Ready.
- Maintain the amortization spreadsheet which calculates the monthly amortization amounts.
- Reconcile the amortization list to the transactional database (content Ready).

**Margin costing**
- Testing of margin changes on the transactional database (Content Ready).
- Margin control/testing from suppliers and customers.
- Monthly margin schedules.
- Supplier contract control (working with Legal).

**Costing, Budgets and Forecasting**
- Checking of monthly costs in the income statement against the budget and previous period.
- Ad hoc costing exercises to highlight any cost savings.
- Assistance with annual budget and quarterly forecasts.

**Invoicing and commission calculations**
- Assistance with monthly annuity invoicing calculations.
- Assistance with monthly rep and manager commission calculations.

**Analytical and Modelling exercises**
- Creating models to predict various scenarios to assist management in decision-making.
- Revenue, COS and gross profit analysis.

**In order to be considered for this position, the following requirements must be met**:

- Postgraduate accounting/finance degree or equivalent qualification.
- Experience in financial planning and analysis.
- Advanced System expertise in Microsoft Office (Excel, PowerPoint).
- 2-4 years of experience in the same or similar field.
- Solid accounting skills and experience.
- Industry experience: ideally in Fintech.


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