Cost And Management Accountant

Cost And Management Accountant

Pronel Personnel

Cost And Management Accountant

Details of the offer

Product CostingManage and update standard cost of all productsLiaise with Planning & Logistics to ensure product costs are updated for changes toBill of MaterialsReview changes to Bills of Materials on a monthly basis for validityEstablish yearly standard and review labour and overhead rate variances for the plantAssist with annual budget preparation ( product costs, overhead rates)Cost AccountingMonthly Work in Progress valuationAnalyse production variances, obtain explanations and determine corrective action plansMonitor and report on progress against agreed action plansMonthly review of process orders and relevant statusReview monthly factory overhead spend versus budget, highlight variances and discuss with relevant cost centre managerIncorporate changes in overhead rates/allocations into product cost modelParticipate in half yearly and annual stock countsManagement Accounting and reportingAnalyse price variances on a monthly basis and report to managementReview inventory holding on a monthly basis, highlight slow moving and embargoed inventory items and ensure required provisions are raisedInventory reporting and explanation of movementsMonthly reporting on stock write offsPreparation of Journal entriesPrepare general ledger reconciliations for accounts under your controlEnsure monthly statistical data is compiled and reported to Statistics SA in stipulated timeframeIdentify areas for improvement and recommendations on how to improve overall cost effectiveness within the businessGeneralAttend to ad hoc tasks as assigned by the Financial ManagerDevelop financial reporting tools to assist with management accountsAssist in finance related projectsB. Tech Cost and Management Accounting / CIMA / relevant B.Com Honours degreeKnowledge of ERP systems3 years cost accounting experience in a manufacturing environmentSAP knowledge preferred




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