Assistant Cost Accountant

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

POSITION INFO:

Financial Management:

• Provide guidance and input where necessary to the plant and finance managers of the business units on matters impacting profitability.
• Review the accuracy of plant bills of materials and standard margins and provide guidance on corrective actions where applicable.

Bill of Materials:

• Oversee costing system to ensure accuracy at all times
• Monthly comparison of standard cost changes
• Verify accuracy of costings versus process documents
• Updating of Raw Material cost and item master information on Syspro
• Cost differential exercises
• Assist with the efficient functioning of works orders
• Assist Cost and Management Accountant with Material Usage analysis

Stock:

• Stock in transit accounting

PPV’s

• Analyse reasons with view to correct for future periods

Management reporting

• Steel price trend analysis and reporting. 
• Customer sales analysis.
• Customer profitability.
• RTM and product margin analysis.
• Weekly stock on hold report and drive action.
• Repairs and maintenance cost analysis.

Fixed assets:

• Ensure accuracy and completeness of fixed assets on Syspro
• Completion of capex applications
• Asset disposals
• Ensure physical verification of assets occurs
• Responsibility for recording and monitoring of CAPWIP 

Government Grants

• Prepare applications for qualifying government grants
• Attend to all queries from applicable regulatory bodies
• Attend to queries on APDP BOM masterfiles
• Track and finalised applicable grants to completion and collection of grants

Reporting

• Analyse and interpret Finance reports and statistical data
• Prepare financial reports and returns as required
• Generate information and reports for internal and external use

Sales and raw materials price control

• Capture and maintain customer and raw material pricing against approved price lists

Continuous Improvement

• Identify improvement opportunities and make recommendations for improvements

▪ Assist Cost & Management Accountant with month end processes.

Ad hoc work as required from time to time.

Employees shall perform the duties as assigned to them diligently and to the satisfaction of Management.  The job description represents the outline of the duties to be performed and the responsibilities of the employee.  Nothing shall prevent management from assigning additional tasks to an employee or assigning the employee to a different job provided an explanation of the reasons are given.

Educational:

• Grade 12
• CIMA, BCOM or National Diploma (Cost and Management Accounting) or equivalent

Experiential:

• Experience in an automotive environment
• 3 Years experience in a similar role.