Cost Accountant - Meyerton Verfied

Salary Negotiable Meyerton, Gauteng Meyerton, Gauteng more than 14 days ago 14-10-2019 8:12:06 AM
09-12-2019 8:12:06 AM
Our client, based in the Vaal Triangle urgently looking for a Cost Accountant, with vast experience in the large FMCG/Manufacturing Industry

Overseeing and complete gross margin analysis related to the company’s product sales and other revenue streams, cost of sales, inventory and its overall value.
Recommend new cost efficient and financially feasible cost options.

Experience:
• Minimum 3 years relevant commercial experience in a large FMCG/Manufacturing Industry

Qualifications:
• Qualified CIMA (ACMA) or SAICA CA (SA)or in the process of studying towards with a minimum
• B.Com Honors in Accounting or Financial Management

Skills:
• Leadership Skills and Experience
• Good Communication Skills
• Ability to design and create data collection systems
• Analyzing Information and data
• Attention to Detail
• Thoroughness and Accuracy
• Organization and Structured Approach
• Problem Solving
• Critical Thinking and Strategic Approach
• Multi Tasting and Time Management
• Ability to Function Under Pressure
• Ability to Work Independently
• Target Driven
• Self-Motivated Individual
• Reporting Skills
• Pastel / Other Relevant Financial Software
• Microsoft Excel and spreadsheet
• Outlook
• Microsoft Office

Stock Takes and Valuations
• Responsible for the management of complete stock take function
• Responsible for stock take planning and post mortem feedback with all relevant departments
• Ensure stock take accuracy and completeness
• Ensure stock takes are conducted according to SOP
• Responsible for stock take verifications
• Responsible for stock valuations and ensuring that it is accurate and complete
• Variance analysis reporting and improvement
• Responsible for identification of areas of risk and improvement

Stock Management
• Managing and reporting on stock ageing
• Effective reporting on stock write offs and losses
• Review and manage correct model stock levels to hold and impact on working capital
• Working closely with relevant production departments, finance department and management in managing and reporting on stock

Reporting:
• As Required
• Identify relevant and meaningful reporting needs
• Identify areas of improvement and risk mitigation
• Find solutions to streamline reporting

Systems, business and production processes
• Identify areas that need improvement and provide recommendations to management
• Review, develop, improve and maintain cost accounting system, documentation and records

Data Analysis
• Collect, compile and analyze data to make recommendations to management on cost savings, improving efficiencies, reducing waste and increasing revenue and margin
• Information related to all areas of the business and as per requirement
• Purchases, production practices and processes, inventory, labor and overheads, maintenance, distribution, sales

Sales Margin reporting
• Compile and present weekly, monthly and quarterly sales margin reports to sales department and management that is accurate, timely and meaningful
• Reports need to be relevant in trending and managing sales margins per product line and product category
• Assist in preparation of relevant reports as per company needs and management request

Sales GP Margin Reconciliations
• Perform a monthly reconciliation between Income Statement GP Margin and GP Margin as recorded in the Sales Reports
• In reconciliation performed any factory efficiencies and other abnormalities need to be taken into account
• Purpose is to test and justify any discrepancies in the GP margin reported in the Management Accounts

Departmental Results Reporting
• Compile and present departmental results within agreed timelines and expectations
• Ensure that Departmental results presented is accurate and complete and are reconcilable back to Management Accounts
• Review and ensure that assumptions used in departmental results are relevant

Standard Costing
• Responsible for production yield reporting and quantification
• Ensure product cost calculations and standard production yields are accurate and updated
• Analyzing of actual production costs and reporting on standard cost variances
• Ensure that factory result reporting is relevant, accurate and meaningful.

ABC Costing:
• Implement, and report on Activity Based Costing

Budgets, Targets & Forecasting
• Assist preparing budgets, targets and forecasting

Training & Assistance
• Provide assistance and training to colleagues
• Responsible to assist, train and develop non-financial managers in production departments in key financial principals and performance indicators to effectively manage their departments in a profitable way.

Communication:
• Build productive relationships / harmonious within department and with other internal departments
• Facilitate communication and problem solving of members of staff and various departments. Lead by example
• Effective communication with management

Keep at all times company, customer and employee information confidential

Compile, review, implement and manage relevant departmental SOP’s