Senior Accountant: Cost

Description

• Provide ongoing costing and production information, analysis of cost variances, justification of costing projects, margin analysis and tracing costs back to underlying activities
• The position also constructs and monitors cost-effective budget and actual reporting systems needed to provide an appropriate level of management (cost and performance) information, and supports budget holders on financial and costing disciplines

Duties

• Ensure adequate management reporting per sub division and coordinate monthly cost meetings with management/budget holders
• Assist in the compilation of key business metrics and report on them in monthly management reports
• Report on productivity measures – cost per ton/Hour/MTTR MTBF etc
• Perform Economic Value Analysis where required for new projects
• Provide site support through accurate cost allocations on stock, PO’s and labour
• Prepare cost center reports and allocate overheads monthly to determine profitability
• Identify and analyse expenditure trends and performance against budget
• Ensure accurate cost allocation per area/cost center and rectify it through month end journals
• Monthly and year end accruals for cost realized but not expensed yet
• Confirm stock valuation classes for new stock applications
• Produce weekly cost reports to EXCO
• Identify possible cost saving opportunities, discuss with end-users and, in collaboration with end-users
• Manage and follow up on departmental cost saving projects to provide timely feedback to Management
• Maintain and improve cost accounting system
• Assist SCM with bi-annual stock count at all SU Warehouses
• Coordinate and manage the annual budget process in terms of timing, guidelines, communication and facilitation with allocated departments

Requisites

• Grade 12 or current NSSCO with 20 points over 5 subjects
• B. Comm degree or other relevant Accounting Degree (NQF level 7)
• Honours degree or postgraduate diploma in Management Accounting (NQF level 8) will be an added advantage
• Professional Accounting/Membership: CIMA/ICAN is an added advantage
• Minimum 5 years Management Accounting experience, of which 2 years should have been in a senior capacity
• Experience in the mining industry
• Experience in the application of Management Accounting and Costing Principles, Practices and Models
• Sound governance, internal controls, reporting experience
• Valid Code B/BE Driver’s License

Notes

• Only shortlisted applicants will be contacted