Cost and Management Accountant, Durban, South Africa

This job is OPEN to APPLY for ALL Nationalities, unless otherwise specified.

We need a Cost and Management Accountant

Job Advert Summary

Guided by its purpose to provide products for patients to alleviate pain and suffering and improve their quality of life, NBI’s vision is to be the leading African manufacturer and supplier of quality therapeutic proteins and diagnostic products.

National Bioproducts Institute NPC has a vacancy for the role of Cost and Management Accountant. The successful incumbent will be required to:

This job will focus on accurate product costing and management accounting.

Applications are invited from suitably qualified and experienced candidates.

Minimum Requirements

• B Tech Cost and Management
• Accounting/CIMA/ B Comm Honours Accounting
• Knowledge of ERP systems - SAP advantageous
• A minimum of 3-5 years' cost accounting
• Experience in a manufacturing environment

Duties and Responsibilities

Product Costing

• Manage and update standard cost of all products
• Liaise with Planning & Logistics to ensure product costs are updated for changes to Bill of Materials
• Review changes to Bills of Materials on a monthly basis for validity
• Establish yearly standard and review labour and overhead rate variances for the plant
• Assist with annual budget preparation (product costs, overhead rates)

Cost Accounting

• Monthly Work in Progress valuation
• Analyse production variances, obtain explanations and determine corrective action plans
• Monitor and report on progress against agreed action plans
• Monthly review of process orders and relevant status
• Review monthly factory overhead spend versus budget, highlight variances and discuss with relevant cost centre manager
• Incorporate changes in overhead rates/allocations into product cost model
• Participate in half yearly and annual stock counts

Management Accounting

• Analyse price variances on a monthly basis and report to management
• Review inventory holding on a monthly basis, highlight slow moving and embargoed inventory items and ensure required provisions are raised
• Inventory reporting and explanation of movements
• Monthly reporting on stock write offs
• Preparation of Journal entries
• Prepare general ledger reconciliations for accounts under your control
• Ensure monthly statistical data is compiled and reported to Statistics SA in stipulated timeframe
• Identify areas for improvement and recommendations on how to improve overall cost effectiveness within the business

General

• Attend to ad hoc tasks as assigned by the Financial Manager
• Develop financial reporting tools to assist with management accounts
• Assist in finance related projects

Core Competencies

• Leading and Influencing Others
• Managing Relationships
• Personal Leadership
• Business Impact
• Strong communication and interpersonal skills
• Ability to work under pressure
• Planning and organizing
• Strong attention to detail and accuracy
• Able to proactively identify and resolve problems
• Analytical and problem solving skills
• Responsible and accountable
• Ability to work in collaborative team environment
• SAP Preferred

DETAILS TO REGISTER FOR THIS JOB:
NOTE: Apply to this job with an ATS-friendly CV!

https://nbisa.erecruit.co/candidateapp/Jobs/View/NBI251203-1?source=Indeed



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