Cost & Management Accountant
Finance
Durban – KwaZulu Natal – South Africa
Our client, a listed multinational manufacturing company in South Africa, is looking for a Cost & Management Accountant to provide overview & analysis of Cost of Sales & Gross Contributions Stats at Business Unit level, as well as assist with Sales related projects & complete ad-hoc feasibility projects.
This is an EE position, therefore preference will be given to African & Coloured applicants.
Requirements:
- Bachelor of Commerce / Diploma in Financial Accounting
- 3 years’ experience in a management accounting role
- Automotive & Manufacturing experience
Key Performance Areas:
- Participate in organisational strategy management from a financial management perspective
- Provide financial analysis & support to management & all operational areas of the business
- Maintain & update accounting system
- Prepare & review details product costing for all new parts
- Analyse all current parts & make recommendations for the financial recovery on distressed parts
- Calculate & propose potential price increases
- Provide indicative “what-if” costings and impact on profitability for: New Product Generation and Specification to existing products.
- Work closely with technical team to ensure integrity of the control sheet.
- Provide meaningful profitability information and recommend ways to optimise customer profitability and project profitability for new business.
- Recover margin in underperforming categories by highlighting commercial impact (margin enhancement vs volume opportunity) and assisted in strategic decision making.
- Support the Business Development Managers in the use of system tools regarding costing and profitability.
- Create a platform within quarterly profitability review to evaluate the success of project post launch review, providing insight and learnings which can be taken into future launches.
- Weekly tracking of costings done to create visibility of projects in order to manage workload with projects and customer focus teams.