Cost and Management Accountant

Abantu Staffing Solutions; Durban; On-site; ZAR 400,000 - 600,000; Full time

Job summary

A leading company in the automotive sector is looking for a Cost and Management Accountant to join their team. You will be responsible for analyzing costs, providing financial insights, and supporting strategic initiatives within the organization. This role requires a strong background in financial and cost accounting, preferably within the automotive industry.

Qualifications

• 2-3 years’ experience in management accounting.
• Must have experience in the automotive and manufacturing environment.

Responsibilities

• Analyze COS and Gross Contributions at division level.
• Prepare and review product costing for new parts.
• Maintain and update ERP systems ensuring compliance.

Skills

Financial Analysis

Cost Accounting

ERP System Management

Teamwork

Self-Management

Education

Bachelor of Commerce

Diploma in Financial Accounting

Grade 12 / Matric

Tools

BPCS ERP System

Job description

Overview :

Our client in the automotive sector is seeking a Cost and Management Accountant to analyze COS and Gross Contributions at division level, assist with sales projects, and complete ad-hoc feasibility studies for the Commercial Manager.

Minimum Requirements / Experience :

• Grade 12 / Matric
• Bachelor of Commerce / Diploma in Financial Accounting
• 2-3 years’ experience in management accounting
• Experience in the automotive industry and manufacturing environment

Key Performance Areas :

Financial Strategy :

• Participate in organizational strategy from a financial perspective

General Financial :

• Provide financial analysis and support to management and operations
• Maintain and update ERP system (BPCS)
• Ensure internal control compliance

Cost Accounting :

• Prepare and review product costing for new parts
• Analyze current parts and recommend financial recovery strategies
• Propose potential price increases
• Review GP percentage of BOMs and identify distressed parts
• Participate in continuous improvement initiatives

Costing :

• Provide 'what-if' costings for new products and specifications
• Collaborate with technical and factory teams to ensure cost accuracy
• Communicate findings and recommendations effectively

Cost Analysis :

• Offer profitability insights and optimization strategies
• Assist in product rationalization and business improvement opportunities
• Participate in customer and commercial meetings to provide insights

Reporting :

• Develop quarterly profitability review platforms
• Create and automate commercial reports
• Track project costings weekly

Teamwork and Self-Management :

• Take ownership of tasks and demonstrate proactive self-management
• Maintain quality and meet deadlines
• Communicate risks and support business values
• Manage expectations and contribute to team targets
• Participate in performance appraisals and ensure personal development