COST ACCOUNTANT

Milton Resourcing; Johannesburg; On-site; ZAR 350,000 - 450,000; Full time

Job summary

Milton Resourcing is looking for a skilled financial and cost accountant in Johannesburg, South Africa. The ideal candidate will have at least 5 years of experience in the manufacturing sector and a strong supervisory background.

Your role will include managing a small team, preparing financial reports, and maintaining accurate accounting records. Expertise in accounting practices and relevant software is essential. This position offers opportunities to contribute to financial strategy and management efficiency.

Qualifications

• 5 years of experience in a manufacturing environment.
• Experience managing a team of 2-3 people.
• Ability to compile financials and budgets.

Responsibilities

• Manage a small team and oversee their work.
• Prepare and present financial reports to executives.
• Maintain accurate financial records for auditing.

Skills

Financial analysis

Cost accounting

Supervisory skills

Analytical ability

Excellent communication

Education

Grade 12 or equivalent qualification

B. Com Degree

Tools

Excel

Word

Outlook

Embrace

Job description

JOB REQUIREMENTS

• Grade 12 or equivalent academic qualification, Diploma, B. Com Degree, or an equivalent qualification. Pre-requisite is articles served.
• The candidate should have experience of managing people (±2-3 years), good understating of finance, costing, production and projects management skills.
• Previous working experience ±5 years in a manufacturing environment preferably in the remanufacturing of automotive components i.e., engines, gearboxes, axles, starters, alternators, brake components, fuel pumps, injectors, retreading of tyres and upholstery work.
• The candidate must be able to compile financials, budgets, bills of materials (BOM) for automotive products in conjunction with production and stores.
• This is a financial and cost accounting responsibility at a factory level with executive reporting expertise.
• The candidate must possess solid presentation skills, as the role involves presenting budgets and financial reports to executives and directors.

JOB OUTPUTS

• Manage a group of approximately ±2-3 people.
• Maintain accurate financial records and prepare accurate financial reports for information sharing, auditing, operational and auditors use.
• Prepare monthly management reports with statistics for executive presentation.
• Participate, prepare and make inputs for VOMS forecast & budget preparations.
• Prepare financial statements to the extent of modelling scenarios for new products.
• Costing in a manufacturing environment to the extent of preparing costing models.
• Assist with establishment and maintenance of BOMs and production processes.
• Be able to determine the unit price of a product using either job costing or process costing in the job and remanufacturing environment respectively.
• Prepare and reconcile cashbook and petty cash monthly.
• Maintain an asset register.
• Monitor all WIP jobs.
• Reconcile accounts, records, and reports and perform journal entries.
• Prepare financial and/or auditor statements, schedules and reports.
• Interpret and apply acts, codes and regulations (e.g. COID, Tax, and Vat & MIBCO).
• Review and verify accuracy of data with accurate variance analysis reporting.
• Maintain accounting records for production, special accounts and special projects.
• Make sound, independent judgments within established policies and procedures.
• Organize own work, setting priorities and meet critical deadlines.
• Effective communication with co-workers, managers and subordinates sufficient to convey information and to receive work direction.
• Work closely with both executive, management, stores and production.
• Assist the senior management in developing and improving profitability at factory level.
• Participate in the implementation of the Embrace system (costing & financial), ISO 9001:2015 QMS requirements and Time and Attendance system.
• Attend to audit queries and reports.
• Perform and co-ordinate interim and annual stock count.
• Based on production requirements management will move employees to required areas or sections of the business.
• Perform other Admin related tasks as per operational requirements.

WORKING CONDITIONS

Normal VOMS working conditions

COMPETENCIES

KNOWLEDGE

• Accounting background
• Knowledge of Accounting Practices
• Knowledge of IFRS
• Accounting practices and principles
• Auditing practices and principles
• Ability to Analyze data
• Company policies and procedures
• Knowledge of the automotive industry
• Knowledge on the automotive remanufacturing processes.

SKILLS

• Advanced computer skills
• Analytical ability
• Supervisory Skills
• Ability to work under pressure
• Good communication skills
• Good planning and organizing skills
• Time management
• Fault finding skills
• Excel
• Word
• Outlook
• Embrace

ATTITUDE

• Have good work ethics
• Ability to work under pressure
• Ability to work in a team
• Ability to handle multi tasks
• Good work ethics
• Results orientation
• Willingness to work after hours when necessary
• Quality orientation
• Maintain confidentiality
• Safety awareness orientation
• Attention to detail
• Self-management
• Teamwork orientation
• Honesty