Managment Accountant Costing

KwaZulu-Natal
Permanent
Full-time

2 months ago
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Our client, a market leader in the manufacturing sector, is seeking to appoint a Management Accountant - Costing based in the Upper Highway area, KwaZulu NatalThe primary purpose of this role is to deliver accurate financial and operational data to support informed decision-making and protect profit margins. Responsibilities include analysing internal and external data, translating data into meaningful insights, and providing project management support for the implementation of systems, bill of materials (BOM) costing, and production floor improvementsDuties and Responsibilities:

Oversee and maintain the costing function, including accurate BOMs, recipe changes, and raw material availability.
Analyze and report on BOM adherence, cost of sales impacts, and identify opportunities to reduce substitution costs.
Investigate WIP variances and provide operational floor support to ensure recipe and BOM accuracy.
Conduct physical floor-to-recipe testing and verify BOM costings on an ongoing basis.
Drive process improvements to enhance kit issue accuracy and BOM adherence.
Compile and review daily margin analyses, monitor pricing stability, and provide exception reporting to Sales and Production.
Manage customer growth incentive calculations and monthly provisions.
Support management accounting projects across scoping, testing, implementation, and post-project reviews.
Maintain labor and overhead costings in Syspro, monitoring variances and identifying efficiency opportunities.
Support and implement improved allocation models for labor and overhead costs.
Provide backup for raw material price reviews and uploads as required.
Investigate and report on purchase price variances and standard cost adjustments to drive cost savings.
Monitor and recommend changes to standard costs where necessary.
Implement and review internal controls, SOPs, and drive ongoing improvements.
Track factory performance against KPIs and develop production efficiency metrics.
Oversee internal stock movements and support stock control measures impacting COS.
Support month-end stock takes and assist with stock and WIP variance analyses.
Identify and drive cost-saving initiatives and process improvements.
Perform ad hoc reporting and analysis as needed.

Minimum Requirements:Education and Experience:

CIMA / BCom / BTech or relevant qualification
Minimum 5 years' experience in a similar role within a large manufacturing plant / FMCG sector
Stock control experience
Syspro Knowledge

Knowledge and Skills:

Operationally focused and involved
Ability to work under pressurized circumstances and to meet deadlines
Ability to get involved in the process and be hands on in the operation
Able to multitask
Accuracy, efficiency, and attention not detail
Problem solving skills

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