Cost Accountant (Johannesburg)

Swift Human Resources; Johannesburg; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading recruitment firm in South Africa seeks a financial and cost accounting professional to manage a small finance team in a manufacturing environment. Candidates must have extensive experience in financial reporting and budgeting, as well as a solid understanding of costing and production processes. The ideal applicant will possess strong presentation skills and a minimum of 5 years' experience in the industry.

Qualifications

• Experience managing people, preferably with 2-3 years in a relevant role.
• 5+ years of experience in a manufacturing environment.
• Ability to compile financials, budgets, and BOMs.

Responsibilities

• Manage a small finance team.
• Prepare accurate financial reports and management reports.
• Assist with forecasts and budget preparations.
• Costing and financial responsibility in a manufacturing setting.

Skills

Knowledge of IFRS

Financial reporting skills

Analytical skills

Presentation skills

Management experience

Education

Grade 12 or equivalent qualification

Diploma or B. Com Degree

Job description

SUMMARY :

This is a financial and cost accounting responsibility at a factory level with executive reporting expertise. Leading a small finance team.

Minimum Requirements and Experience :

• Grade 12 or equivalent academic qualification, Diploma, B. Com Degree, or an equivalent qualification. Pre-requisite is articles served.
• Knowledge of IFRS
• 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.

Duties :

• 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 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
• 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

POSITION INFO :