- Port Elizabeth
- Salary: (Negotiable)
- Job Type: Permanent
- Sectors: Manufacturing
- Reference: 75305
Vacancy Details
Employer: Unique Personnel
PURPOSE OF THE JOB: To process accounting and financial documentation to enable reporting and costing, which are aligned with company procedures and processes.
MAJOR RESPONSIBILITIES & KEY RESULTS AREAS:
FINANCIAL COSTING AND REPORTING:
Prepare Import cost files and submit summary to Management Accountant for update to SAP.
Assist and support in scanning / other projects.
Stand in for Management Accountant in his absence.
Assist with correction and maintenance of Material Master information specific to transaction posting.
Monitor performance of scanning process, liaise with Factory system roles & initiate corrective action where necessary.
Collate and prepare daily production scrap reports & attend daily scrap meeting.
Compile monthly lead balancing inclusive of scrap
Review and report monthly on stock count completeness across all sites in the company.
STOCK CONTROL:
Coordinate and assist Planning with factory stock counts.
Investigate stock variances and resolve issues.
Conduct reporting on stock counts for management.
COMPLIANCE:
Operates within controls and procedures in order to ensure the integrity of the company
Identifies and reports risks or areas of concern to management within own department and area of responsibility.
Ensures compliance with all relevant regulations and procedures to prevent fruitless, wasteful and irregular expenditure.
CUSTOMER SERVICE:
Maintains effective working relationships with customers (both internal and external) towards rendering highest quality of services.
Represents FinPayIT in meetings with relevant stakeholders.
Identifies and solves problems creatively whilst demonstrating a high level of integrity in line with company core values.
COST AND FINANCIAL CONTROL:
Contributes to the budget preparation process for Manufacturing.
Promotes and communicates the effective, efficient, economical and transparent use of financial and other resources.
Explores opportunities to control and reduce costs
Key Performance Areas (KPAs)
Cost Management: Monitoring and controlling manufacturing costs.Budgeting and Forecasting: Preparing and managing budgets and financial forecasts.Financial Reporting: Generating accurate and timely financial reports.Inventory Management (UF): Overseeing UF inventory levels and ensuring accurate valuation.Compliance and Auditing: Ensuring adherence to financial regulations and internal audits and support of stock counts and external audits.Process Improvement: Identifying and implementing cost-saving measures and efficiency improvements.Capex: support of Capex assessments and preparations
Key Performance Indicators (KPIs)
Cost Variance: Difference between budgeted and actual costs.Inventory Turnover Ratio: Measures how often inventory is sold and replaced over a period.Product Cost: Accuracy of product costing and comparing with BOM’s Budget Accuracy: Degree to which actual spending matches the budget.Return on Investment (ROI): Measures the profitability of investments in manufacturing processes
MAJOR RESPONSIBILITIES & KEY RESULTS AREAS:
FINANCIAL COSTING AND REPORTING:
Prepare Import cost files and submit summary to Management Accountant for update to SAP.
Assist and support in scanning / other projects.
Stand in for Management Accountant in his absence.
Assist with correction and maintenance of Material Master information specific to transaction posting.
Monitor performance of scanning process, liaise with Factory system roles & initiate corrective action where necessary.
Collate and prepare daily production scrap reports & attend daily scrap meeting.
Compile monthly lead balancing inclusive of scrap
Review and report monthly on stock count completeness across all sites in the company.
STOCK CONTROL:
Coordinate and assist Planning with factory stock counts.
Investigate stock variances and resolve issues.
Conduct reporting on stock counts for management.
COMPLIANCE:
Operates within controls and procedures in order to ensure the integrity of the company
Identifies and reports risks or areas of concern to management within own department and area of responsibility.
Ensures compliance with all relevant regulations and procedures to prevent fruitless, wasteful and irregular expenditure.
CUSTOMER SERVICE:
Maintains effective working relationships with customers (both internal and external) towards rendering highest quality of services.
Represents FinPayIT in meetings with relevant stakeholders.
Identifies and solves problems creatively whilst demonstrating a high level of integrity in line with company core values.
COST AND FINANCIAL CONTROL:
Contributes to the budget preparation process for Manufacturing.
Promotes and communicates the effective, efficient, economical and transparent use of financial and other resources.
Explores opportunities to control and reduce costs
Key Performance Areas (KPAs)
Cost Management: Monitoring and controlling manufacturing costs.Budgeting and Forecasting: Preparing and managing budgets and financial forecasts.Financial Reporting: Generating accurate and timely financial reports.Inventory Management (UF): Overseeing UF inventory levels and ensuring accurate valuation.Compliance and Auditing: Ensuring adherence to financial regulations and internal audits and support of stock counts and external audits.Process Improvement: Identifying and implementing cost-saving measures and efficiency improvements.Capex: support of Capex assessments and preparations
Key Performance Indicators (KPIs)
Cost Variance: Difference between budgeted and actual costs.Inventory Turnover Ratio: Measures how often inventory is sold and replaced over a period.Product Cost: Accuracy of product costing and comparing with BOM’s Budget Accuracy: Degree to which actual spending matches the budget.Return on Investment (ROI): Measures the profitability of investments in manufacturing processes
Candidate Requirements
MINIMUM REQUIREMENT:Educational Qualifications:
Degree in Finance / Management Accounting or related fields (NQF6).
Possession of or studying towards CIMA advantageous
Experience:
Up to 5 years’ experience in cost accounting / reporting or equivalent.
Manufacturing experience (advantageous)
ESSENTIAL KNOWLEDGE & REQUIRED SKILL:
Computer Literacy: Superior MS-Office, especially Excel Skills. • SAP, FI and MM skills.
ATTRIBUTES • Proactive. • Action-oriented. Attention to detail. • Problem Solving and Analytical skills. • Agile. • Planning and Organising. • Relationship Building. • Customer Focused. • Resilient. • Communication skills (both verbal and written)
182 people have viewed this job.
Similar Jobs
Factory Cost Accountant
- Port Elizabeth
- Job Type: Permanent
- Posted 15 Aug 2024 | 26 Days left
Factory Cost Accountant
- Port Elizabeth
- Job Type: Permanent
- Posted 06 Sep 2024 | 48 Days left
Factory Cost and Management Accountant
- Port Elizabeth
- Job Type: Permanent
- Posted 02 Sep 2024 | 14 Days left
More Jobs at Unique Personnel
HE Product Marketing Specialist
- Northern Cape
- Job Type: Permanent
- Posted 19 Sep 2024 | 31 Days left
Filling Clerk
- Johannesburg
- Job Type: Permanent
- Posted 19 Sep 2024 | 31 Days left
ERP Assistant
- East Rand
- Job Type: Permanent
- Posted 19 Sep 2024 | 31 Days left
Production Team Leader
- Western Cape
- Job Type: Permanent
- Posted 18 Sep 2024 | 30 Days left