Cost Estimator

Calderys; Vereeniging; On-site; ZAR 350,000 - 500,000; Full time

Job summary

A leading company in South Africa is seeking a Cost Accountant to join their team. In this challenging role, you will be responsible for producing cost estimations, generating quotations, and managing project costs. Ideal candidates will have strong analytical skills and relevant qualifications, ensuring optimal financial practices and partnerships with vendors.

Qualifications

• Proven work experience as a cost Accountant, Cost Analyst, Accountant or similar role.
• Knowledge of industrial processes and costing principles.
• Ability to manage complex financial information.

Responsibilities

• Produce cost estimations, ensuring accuracy and reliability.
• Generate final quotations/tenders for clients.
• Review project costs variances and improve costing models.

Skills

Analytical skills

Communication skills

Financial software proficiency

Attention to detail

Teamwork

Education

AAT or Part Qualified ACCA or CIMA

CIMA Finalist

Tools

IFS

SAP

Excel

Google suite package

Job description

Role

We have a fantastic opportunity in our team based in South Africa. This is a challenging role where you will be involved in producing cost estimations, considering the production cost requirements, all related costs and margins.

Responsibilities

• Responsible for producing cost estimations, considering the production cost requirements, all related costs and margins.
• Responsible for generating final and complete quotations/tenders for presentation to clients.
• Required to have in-depth understanding of all cost items and variables influencing pricing.
• Review and report on project costs variances and improve costing model.
• Project Management and Project Planning
• Oversee and update the cost estimation processes and procedures, considering the production cost requirements, reliability, accuracy and timeousness of production costing processes as well as all related costs and margins.
• Produce and generate quotations/tenders to be presented to clients. Determine the cost items and variables influencing pricing.
• Review and report on project costs variances and improve costing model
• Review all rental costs and implement a saving strategy on equipment, labor and tools
• Analysing requirement documents, blueprints/drawings and project plans to gain a thorough understanding of the projects
• Developing and maintaining relationships with company vendors and contractors and negotiate a reasonable cost.
• Managing tenders from vendors and contractors
• Using tendering data to prepare detailed a cost analysis
• Presenting prepared estimates to management and other stakeholders
• Compiling and recording actual costs versus the tendered prices and compile cost reports
• Learning & Growth – Train and upskill team members as required by manager.
• Financial (Budget) –. Accountable for the application of an accurate project costing model. Ensuring efficient and optimal charging out of projects and thereby reducing financial risks.
• Project planning- Materials, Manpower, Material and labour transportation and accommodations
• Assist by Overseeing and managing precast and ready shape department
• Project close-outs and meetings.
• Customer – achieving internal customer satisfaction objectives by ensuring that all cost estimation activities are executed accurately and timeously in terms of the standards and requirements.
• Meeting and achieving all applicable HSEQ SOPs for the Area.

Requirements

• Proven work experience as a cost Accountant, Cost Analyst, Accountant or similar role
• Minimum Qualified AAT \ Part Qualified ACCA \ CIMA, but ideally CIMA Finalist
• Knowledge, skills, abilities and other characteristics
• Typical profile as Plant Controller
• Understand industrial processes and costing principles
• Reasonable understanding of accounting principles (GAAP, IFRS), practices, standards, laws and regulations.
• Ability to handle complex financial information
• Ability to create a strong bonds with other people, inspires trust and confidence in both his peers, senior, and external partners
• Demonstrate good communication skills to convey information
• Have a keen eye for details, ability to manage multi tasks / project and meet tight deadlines, is analytical and highly organized
• Work comfortably in a highly collaborative setting, have a confident and outgoing personality,
• Proficient in financial software as IFS/SAP
• Strong IT skills especially in Excel and Google suite package
• Be able to continuously look for improvements in reporting
• Strong relationship builder; team worker
• Self-motivated, curious & questioning
• Ability to work under pressure
• Conscientious and able to meet deadlines with consistently high- quality output