Dynamic Manufacturing Financial Analyst
1 day ago
Dynamic Manufacturing Financial Analyst
About the Role:We are seeking a highly skilled Cost and Management Accountant to join our dynamic manufacturing team in Johannesburg. The successful candidate will have expertise and passion for financial analysis and reporting in a manufacturing environment.
This is an exciting opportunity for professionals looking for a 6-month contract with an immediate start, offering a chance to work with a leading company in the manufacturing sector.
Key Responsibilities:- Cost Accounting:
- Setup and manage Bill of Materials (BOMs) for SFI.
- Develop, implement, and maintain cost accounting systems and processes.
- Analyze manufacturing costs including raw materials, labor, and overheads.
- Calculate product costs and prepare cost estimates for both new and existing products.
- Perform periodic inventory valuations and reconcile variances.
- Conduct standard cost updates and evaluate profitability impacts.
- Budgeting and Forecasting:
- Prepare and monitor plant budgets, forecasts, and variance analysis reports.
- Provide insights to support cost control and resource allocation.
- Partner with operations teams to assess financial impacts of production changes.
- Management Reporting:
- Generate and analyze weekly, monthly, and quarterly management reports.
- Present financial insights to plant leadership to support decision-making.
- Prepare detailed profitability analysis by product, process, or department.
- Financial Analysis and Performance Tracking:
- Track plant performance metrics, such as efficiency, waste, and utilization.
- Identify cost-saving opportunities and recommend process improvements.
- Perform break-even, margin, and ROI analysis for projects.
- Compliance and Controls:
- Ensure compliance with internal policies and external regulatory requirements.
- Conduct internal audits and recommend corrective actions for discrepancies.
- Maintain accurate documentation of cost and financial records.
- A Bachelor's degree in Accounting, Finance, or a related field is essential.
- Professional certification (CIMA) is highly desirable.
- A minimum of 5 years of experience in cost accounting within a manufacturing environment is required.
- Advanced Excel skills and proficiency in Syspro are essential.
- Excellent organizational skills with a keen eye for detail are necessary.
R520,000 per annum (approximately $36,000 USD), depending on experience and qualifications.
The salary range is based on industry standards and takes into account the cost of living in Johannesburg, South Africa.
Location:Johannesburg, South Africa
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