Job Description: Responsibilities, Qualifications, and Necessary Skills
Accounting / Finance Jobs In South Africa 2024Jobs In Eastern Cape 2024
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Description
- Assist Finance Lead: Costing and Management Accounts in preparing final costs for tenders and budgets.
- Prepare preliminary costs and commercial evaluations for various business decisions.
- Prepare standard cost variance analysis on reporting variances.
Requirements
Cost Accounting
- Assist with budgets, tenders, and reviews.
- Prepare product and preliminary costings, specific cost impacts and carry out associated procedures.
- Record cost information for use in expenditure control
- Maintain financial system integrity, including checking signal codes are applied correctly and product costs are complete and accurate.
- Maintain costing database.
- Implement and review changes to the item master.
- Applied marginal costing where applicable for transfer pricing.
- Ensure all transfer pricing markups are adhered to.
- Roll up new products.
- Assist in month-end closure of the General Ledger and other reconciliations, as required.
Analysis and Reporting
- Perform and report on feasibility studies.
- Analyse and report on changes in products, materials, and methods to determine effects on cost (commercial evaluations)
- Conduct and report on cost review and analysis and on benchmarking and trend analysis
- Analyse and advise on factors affecting prices and profitability.
- Prepare and provide reports on standard cost variances.
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Operational Input
- Provide technical and operational input on the operational planning of the unit and on the prioritization of objectives.
- Indicate required changes in resources to enable the achievement of work objectives.
- Monitor and control the use of assets and resources within the area of responsibility.
- Apply advanced understanding of the area of specialization.
- Analyse concepts and suggest streamlined procedures.
- Provide information for reports, as required by the Supervisor.
- Compile standardized reports and consolidate documents.
- Comply with document filing requirements and maintain and update records and systems as required.
- Update SOPs on a continual basis
- Undertake IT improvement projects, where required.
Skills Required
Background/experience
- 4 to 6 years’ experience in an accounting role in a manufacturing organization
- BCom Degree in Financial Field or equivalent
Specific job skills
- Computer literacy: proficiency in Excel, Word, PowerPoint, and a fully integrated ERP system
Competencies
- Offering Insights
- Maintaining Accuracy
- Managing Performance
- Interrogating Information
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