Cost & Management Accountant

BGA Recruitment; Durban; On-site; ZAR 300,000 - 450,000; Full time

Job summary

A leading recruitment agency seeks a financial services professional in Durban to provide costing, management accounting, and budget preparation services. The ideal candidate has a strong financial background with experience in reporting and compliance. This role requires attention to detail and adherence to company policies. Competitive compensation is offered.

Qualifications

• Strong understanding of management accounting and capital expenditure evaluations.
• Experience in budget preparation and reporting.
• Ability to analyze financial variances effectively.

Responsibilities

• Provide costing and financial services to the company.
• Prepare manufacturing journals and reconcile accounts.
• Assist in budget and forecasting processes.

Skills

Management accounting services

Financial evaluation

Costing analysis

Budget preparation

Reporting

Education

Relevant degree in finance or accounting

Job description

Overview

PLEASE NOTE: This position is in Mandeni north of Stanger

PURPOSE of the role :

To provide costing and financial services to the company by performing the following core tasks: management accounting services; capital expenditure evaluations, monthly management account reporting, process audits, assist in budget and forecasting process / adhoc costing queries / projects requested by management and other service departments.

Manufacturing Accounting Services

• Prepare manufacturing journals
• Recoveries, finished goods and raw material journals
• Investigate and analyse the material usage variance and implement necessary controls
• Reconciliation and balancing of general ledger to inventory stock reports at month end and inventory adjustments
• Reporting on the variances between departmental expenditures and recoveries

Capital Expenditure evaluations

• Assist departments, predominantly production departments with capital expenditure evaluations taking cognizance of payback periods and discounted cash flows
• Assist in decision making process as to whether the project is financially viable and determines the variables that triggers the viability of the project

Budgets and other costing queries

• Assist managers to resolve costing queries relating to the costing of products
• Review cost benefit of overtime against recovery – adhoc feasibility studies and other duties as required by financial manager
• Assist financial manager in preparation of the budgets

Standards, Procedures and Administration

• Ensure compliance with company policies and procedures
• Ensure confidentiality of information is maintained at all times
• Ensure all administration and documentation is presented in a neat and professional manner

Quality

• Ensure understanding and application of all relevant policies and procedures set out in the QMS as may be appropriate

Safety, Health, Environment and Housekeeping

• Adhere to all laid down Company safety policies and OHS act
• Ensure that the work environment, equipment, furniture is maintained and kept in an orderly manner

Budgets

• Understand departmental budget, as may be applicable and apply a practice of cost control

Reporting

• Ensure accurate and timely reporting as may be applicable to the respective KPA’s for the position

Authority

• Ensure compliance with Company policy and procedures and legislative acts.