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Plant Accountant

1 month ago

East London, South Africa Abantu Staffing Solutions Full time

The Main Purpose of Role is to support the Plant Financial Controller in controlling all plant costs and internal controls, compiling the annual budgets / forecasts and ensuring that all plant statutory reporting requirements are met. Working closely with the Senior Operational and Commercial Management to ensure that the plant remains profitable and drive cost savings through economic efficiency.

Main Functions and Duties:

  • Control of Stock holding: Ensure the correct level of stock is held for the business requirements and the accounting is accurate and
  • Change Control: Review and approval of purchase price, BOM and standard costs Develop reporting systems to communicate impact of changes
  • Standard Costs: Understand and maintain standard costing for existing parts. Assist in the development of reporting systems to communicate financial margins at part, commodity and vehicle level
  • Launch costs: Control and report all plant launch costs. Work with launch team to prepare annual launch forecast
  • P&L responsibility: Full responsibility for specific P&L lines
  • Monthly forecasting: Assist in Plant monthly forecasting
  • Month End procedures: Journal preparation, P&L and Balance Sheet analysis during 3 day Balance Sheet reconciliation
  • Balance Sheet: ensure balance sheet integrity (including Fixed Asset Register)
  • Corporate reporting: Assist in the completion of monthly management information pack including Support Plant Controller on other reports required for monthly management pack.
  • Inventory analysis: Critical review of inventory profile and Detailed analysis and review of scrap entries.
  • Control:- Monthly review of AP and AR ledgers to ensure accuracy and
  • Reporting/Forecasting: Liaise with purchasing re control and forecast of P Saves and Purchase Economics, prepare monthly reports for group
  • Accounting: Sole control for accounting and reporting.
  • Reporting: Daily reporting on sales and scrap for the
  • Supervision: Support and provide guidance to other finance team members on daily
  • HSE: Ensure that all HSE policies and procedures are adhered to at all
  • APDP: Understanding on the program and constantly keep up to date with any new development
  • Declarations: Submission of yearly, annual declaration and maintaining adequate data and assist in developing systems to keep
  • Tax: to be able to prepare VAT, EMP 201 and provide any tax support as required by the plant controller
  • Customs: Basic understanding of customs and requirement applicable to the entity including managing a
  • Payments : Prepare local and foreign
  • Accounts payable : Process all eligible invoices and follow up on any queries

Qualification Requirements:

  • BCom Accounting Degree/ Diploma or equivalent/CIMA
  • Accounting Experience working in Manufacturing with ERP experience of standard cost and BOM
  • Confident with strong Interpersonal, influencing and communication skills
  • Hands-on approach
  • Highly flexible and adaptable with the ability to work as an individual or as part of a team and to work on their own initiative when required.
  • High standard of Excel skills

Skills & Experience:

  • Automotive Manufacturing experience
  • Understanding of ISO9001
  • AS400 (System21) or similar operating
  • ERP experience
  • Hyperion experience
  • Experience of SOX Internal Audit procedures
  • QAD

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