Cost & Management Accountant

Found in: Talent ZA C2 - 2 weeks ago

Durban, South Africa BGA Recruitment Full time

PLEASE NOTE: This position is in Mandeni north of Stanger

PURPOSE of the role:

To provide costing and financial services to the co by performing the following core tasks; management accounting services; capital expenditure evaluations, monthly management account reporting, process audits, assist in budget and forecasting process / adhoc costing queries/projects requested by management and other service departments.

 

Job Description:

Manufacturing Accounting Services,

  • Prepare manufacturing journals
  • Recoveries, finished goods and raw material journals
  • Investigate and analyse the material usage variance and implement necessary controls
  • Reconciliation and balancing of general ledger to inventory stock reports at month end and inventory adjustments
  • Reporting on the variances between departmental expenditures and recoveries

Capital Expenditure evaluations,

  • Assist departments, predominantly production departments with capital expenditure evaluations taking cognizance of payback periods and discounted cash flows
  • Assist in decision making process as to whether the project is financially viable and determines the variables that triggers the viability of the project

Budgets and other costing queries,

  • Assist managers to resolve costing queries relating to the costing of products
  • Review cost benefit of overtime against recovery – adhoc feasibility studies and other duties as required by financial manager
  • Assist financial manager in preparation of the budgets

Standards, Procedures and Administration,

  • Ensure compliance with company policies and procedures
  • Ensure confidentiality of information is maintained at all times
  • Ensure all administration and documentation is presented in a neat and professional manner

Quality,

  • Ensure understanding and application of all relevant policies and procedures set out in the QMS as may be appropriate

Safety, Health, Environment and Housekeeping,

  • Adhere to all laid down Company safety policies and OHS act
  • Ensure that the work environment, equipment, furniture is maintained and kept in an orderly manner

Budgets,

  • Ensure an understanding of departmental budget, as may be applicable and apply a practice of cost control

Reporting,

  • Ensure accurate and timely reporting as may be applicable to the respective KPA’s for the position

Authority,

  • Ensure compliance with Company policy and procedures and legislative acts.

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