Senior Cost Accountant

Details of the offer

Job ClassificationJob FamilyFinanceCareer StreamCost AccountingLeadership PipelineManage Self: ProfessionalJob PurposeTo construct and monitor cost-effective data accumulation processes needed to provide an appropriate level of costing information to line management for decision making.
Provide relevant stakeholders with analytics and insights on Nedbank's strategic costing objectives, policies and procedures.Job ResponsibilitiesThe role will be responsible for analytics and reporting.The role will be responsible for Costing and Transfer Pricing of 2 models in Technology.AJTP splits to be reviewed and signed off with stakeholders at budget cycles.Update and maintain costing models in PAPM (SAP Profitability and Performance Management) for budgets and monthly actuals.Update detailed volumes on PAPM for budgets and monthly actuals.Handle queries from Internal and External Stakeholders (Clusters).Build and maintain reports on A40 for Internal and External Stakeholders.Send monthly reports to Internal Stakeholders.Meetings with the Finance team to understand movements in the numbers.Monthly meetings with the Finance team to explain variances in the actual's vs budget transfer pricing.Detailed analysis to be done monthly on AJTP costs and volumes.Ensure accuracy of financial records by balancing back the numbers to costs allocated to underlying activities.Provide cost reports and analysis to management to assist with operational requirements as required.Establish and maintain sound business relationships with all stakeholders through continuous engagements.Meet stakeholder expectations and needs through but not limited to, provision of reliable, accurate and insightful costing information.Address stakeholder requests by timeous response and resolution of queries.Ensure compliance with appropriate costing policies and procedures by continuous engagement with the relevant stakeholders.Stay abreast in the field and deliver on the expectations from stakeholders by building capability of self through training and development.Embrace the Nedbank Vision and Values by leading by example.Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g.
staff surveys etc.
).Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate.Essential Qualifications - NQF LevelMatric / Grade 12 / National Senior Certificate.Advanced Diplomas/National 1st Degrees.Preferred QualificationDegree and preferably BCom and Costing.Minimum Experience Level12+ years - Technology banking experience.Excel.Power Bi.PAPM (Costing software).SAP.Technical / Professional KnowledgeMicrosoft Office Products.Cluster specific operations.Business writing skills.Relevant regulatory knowledge.Principles of project management.Industry trends.Business principles.Business Acumen.Business terms and definitions.Relevant software and systems knowledge.Communication Strategies.Banking knowledge.Data analysis.Banking procedures.Decision-making process.Research methodology.Governance, risk and controls.Cost accounting theory.Behavioural CompetenciesEarning Trust.Decision Making.Facilitating Change.Influencing.Initiating Action.Innovation.Becoming a Business Advisor.High-Impact Communication.Please contact the Nedbank Recruiting Team at +27 860 555 566
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Cost Accountant

Time left to apply End Date: February 11, 2025 (4 days left to apply) Job requisition id R28426 Job DescriptionTo model, interrogate and provide insights on ...


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