Assistant Manager Finance Component Costing

Toyota Sa; Durban; On-site; ZAR 650,000 - 900,000; Full time

Job summary

Toyota SA in Durban seeks an experienced Costing Manager to lead standard cost estimates for local, imported and in-house materials. You will perform variance analysis, support pricing for new models, and manage costing parameters across multiple plants and finance teams.

The role requires 3–5 years in managerial accounting within manufacturing, plus strong SAP CO and MS Excel skills. This is a fulltime on-site position aligned with our Durban operations.

Qualifications

• Minimum NQF5 qualification majoring in Accounting / Management accounts / B.Comm / Finance equivalent.
• Minimum of 3-5 years managerial accounting / costing experience in a manufacturing environment.
• Excellent SAP CO module and MS Excel skills are essential.

Responsibilities

• Compile standard cost estimates for Local, Imported and In-house materials and Parts and Accessories.
• Perform variance analysis for monthly price movements with Purchasing, affiliates, Plant and Logistics division.
• Analyse costing for new models and facelifts and check pricing adequacy.
• Determine parameters for costing and ensure reasonableness and completeness.
• Prepare monthly, quarterly and annual cost comparisons for Exec. presentations.
• Ensure SOX requirements are met and monitor stock valuations and variances.

Skills

Accurate information gathering

Analytical thinking

MS Excel

Education

NQF5 qualification in Accounting/Finance/B.Comm

Tools

SAP CO

MS Excel

Job description

Key Performance Areas

• Compile Standard cost estimates for Local, Imported and In-house materials and Parts and Accessories.
• Perform variance analysis for monthly price movements by liaising with Purchasing Division, Toyota affiliates, Plant and Logistics division.
• Compile Standard cost estimates for Components on New models and Facelifts.
• Perform analysis to check whether new pricing is adequate for Component and Vehicle Costing.
• Determine parameters to be used for Costing, assessing reasonableness and completeness.
• Compile and issue Costing activity timing plan to co-ordinate activities from various areas (PCLD, PUD, Unit plants, Finance, Component Exports).
• Analyse revaluation accounts to ensure that stock are valuated correctly and standard prices updated correctly. Also check that there are no unauthorised entries.
• Investigate, analyse and report on local and import price variances (Standard vs Actual cost).
• Analyse Unit Plant Production variances (Standard vs Actual Consumption).
• Adjust stock accounts (via capitalised price variances) for actual stock valuations.
• Identify master data issues, follow up and co-ordinate meetings with relevant areas.
• Prepare monthly, quarterly and annual cost comparisons for Exec. presentations.
• Check stock with zero or 1 cent cost to determine validity of pricing.
• Perform continuous evaluation of component costing processes for areas of improvement/enhancement.
• Compile change managements for system changes to improve reporting.
• Ensure SOX requirements are met.
• Investigate, analyse and report on Standard cost estimate errors.
• Monitor financial loss/gain account and investigate material to material transfers and plant to plant transfers.
• Compile materials budget for Export components and Parts and Accessories based on budget parameters and volumes.
• Provide Costing for Intercompany Selling prices.

Qualifications And Experience

• Minimum NQF5 qualification (240 credits) majoring in Accounting / Management accounts /B.Comm /Finance equivalent
• Minimum of 3-5 years Managerial accounting/Costing experience in a Manufacturing environment
• Excellent SAP CO module and MS Excel skills are essential.

Competencies

• Accurate Information gathering and analysis
• Awareness and commitment to our mission
• Awareness of situations and Decisiveness
• Communication and sharing of mid to long term plans
• Creation of innovative vision
• Establishing framework and systems for organisational review
• Feedback of evaluation results and long-term development of others
• Perseverance
• Strategic re-allocation of resources and review of work methods
• Suitable assignment and objective performance review

THIS APPOINTMENT WILL BE MADE IN LINE WITH THE COMPANY’S EMPLOYMENT EQUITY

POLICY

Closing Date: 15 October 2026