Senior Financial Analyst
3 weeks ago
About Empire Recruitment: We are a leading recruitment agency, dedicated to connecting talented professionals with exciting career opportunities.
Job Summary: We are seeking a highly skilled Senior Financial Analyst to join our team as a Cost Accountant. In this role, you will play a crucial part in optimizing our operational efficiency and maximizing profitability.
About the Role:
- Conduct thorough financial analysis to identify cost-saving opportunities, inefficiencies, and areas for improvement within our operations.
- Utilize costing methods to accurately determine the cost of production of various products, ensuring cost accuracy and profitability.
- Assist in the development of budgets and forecasts by providing insights into cost trends and variances, aligning with overall business objectives.
- Oversee inventory valuation, reconciliation, and control processes to ensure accurate financial reporting and effective inventory management.
- Analyze and interpret variances between actual and budgeted costs, investigating reasons for discrepancies and recommending corrective actions as necessary.
- Implement cost control measures to optimize operational efficiency, reduce production costs, and maximize profitability.
- Collaborate with cross-functional teams to identify opportunities for process improvements and cost reduction initiatives, driving continuous improvement efforts across the company.
- Prepare accurate and timely financial reports to support decision-making by management, ensuring transparency and accountability.
- Assist in internal and external audits by providing documentation, explanations, and analysis related to costs, ensuring compliance with audit requirements and regulatory standards.
Requirements:
- Similar qualifications and experience as a Cost Accountant are required.
- Ideal if qualified or studying towards CIMA certification.
What We Offer:
We offer a competitive salary of R 550,000 - R 650,000 per annum, depending on experience, plus additional benefits including a performance-related bonus, comprehensive training program, and opportunities for career growth and development.
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