Overview

Cost and Management Accountant Job at Pollock & Associates – in Durban, KwaZulu-Natal

Accounting and Finance

Job Location

Durban

Job Type

Full Time

Education

Bachelor’s Degree

Total Positions

1

BEE Position

Yes

Job Description

To provide the business unit with a comprehensive cost accounting service designed to acquire new business and retain existing business on a profitable basis.

Minimum qualification Skills & Experience

  • CIMA, BCom or National Diploma (Cost and Management Accounting) or equivalent
  • MS Office (Excel, Word, PowerPoint, Outlook)
  • Produce spreadsheets using accounting-related information technology (Advanced Excel)
  • Understand costing methodologies
  • Preparation of quotations
  • Prepare and Interpret costing models

Job Duties

Key Result Areas

  • Provide guidance and input where necessary to the plant and finance managers of the business units on matters impacting profitability.
  • Periodically review the accuracy of plant bills of materials and standard margins and provide guidance on corrective actions where applicable.
  • Contribute to improvements in the functioning of the organisation’s risk management and control systems
  • Apply business accounting practices
  • Management of costing system to ensure accuracy at all times
  • Review cost requests to ensure accuracy
  • Review monthly standard cost changes for reasonability
  • Verify accuracy of costings versus process documents
  • Cost differential exercises and related margin impact
  • Material usage analysis and drive solutions to correct variances
  • Play an integral part in cost analyses for customer increase negotiations
  • Proactive, continuous review of entire costing system including production transfer points to ensure best accounting practice and efficient business operations
  • Manage Capex Applications
  • Capex tracking versus budget and forecast spend
  • Weekly Capex spend update
  • WIP stock count capture
  • Review all stock adjustments monthly
  • Play an integral part in cost analyses for customer increase negotiations
  • Significant involvement in the set-up of MRP
  • Work with Supply Chain Manager ensuring MRP works effectively and efficiently
  • Monthly management accounts pack
  • Margin analysis
  • Slow moving and obsolete stock report driving provision reductions
  • Scrap analysis versus standard allowances
  • Set up and maintain meaningful manufacturing reports and analysis including machine and labour efficiency reporting
  • Compile advanced Reconciliations
  • Complete Year-End Procedures
  • Reporting: Present information in report format
  • Monitor and maintain Quality within Finance
  • Attend to all queries from applicable regulatory bodies.
  • Track and finalised applicable grants to completion and collection of grants.
  • Analyse and interpret Finance reports and statistical data
  • Prepare financial reports and returns as required.

About the Company

Company: Pollock & Associates –

Company Location:  Durban, KwaZulu-Natal

Estimated Salary:

About Pollock & Associates -