PURPOSE

• An exciting opportunity exists for a Cost and Management Accountant to assist the business in making critical business decisions by analysing and presenting key financial data in preparing forecasts, budgets and performing risk/variance analysis. Implementing effective cost management techniques to maximise profits and reduce costs.

Requirements

RESPONSIBILITIES

Operational

• Develop systems or procedures for accumulation systems and/or cost accounting functions.
• Predict, plan and record variable costs.
• Review and analyse actual costs to identify opportunities for reductions and anomalies to maximise profits.
• Determine and recommend cost-effective solutions.
• Analyse financial data and trends to guide strategic decision.
• Develop and maintain financial models that drive business performance.
• Perform month-end and year-end closing activities, inventory and other.
• Assisting with audit requests and processes.
• Provide actionable insights to enhance profitability and cost efficiency.
• Work closely with cross-functional teams to support business objectives.
• Recommend cost allocation techniques to contract level.
• Assess inventory valuation methods for appropriateness and monthly valuations performed in line with reporting standards.
• Ensure financial accounting related to revenue and costing is completed in a timely and accurate manner.

Reporting

• Gather and compile cost information and maintain database concerning expenses by Divisional and site level.
• Analyse reports and tools that identify cost exceptions and working with cross-function teams to predict and improve the cost production.
• Evaluate project’s performance using key data.
• Review, analyse and report actual profit margins.
• Recommend ways of cutting costs.
• Ensure accurate and timely preparation of management reports by Divisions and by site.
• Conduct variance analysis – deep dives to enhance profitability of projects.
• Assist in preparing and supplying operational finance information to Divisions.

Budget and Forecast

• Assist with the annual budget preparation and reporting process.
• Provide support in preparing necessary operations’ annual budget reports.
• Track budgeting and costs and ensure spending is in line with budgets.
• Develop and maintain forecasts to assist projects planning and decision-making.

Governance

• Ensure the Divisions are compliant with relevant legislation (Income Tax Act, Value Added Tax Act, etc.) including legislative amendments and industry best practices.
• Advise on solutions to relevant stakeholders.
• Assist in preparing the annual audit file for external Auditors, various reconciliations and assist external Auditors with queries.
• Assist with the internal audit during annual internal audit process.

Team Management

• Manage the day-to-day activities of the team.
• Provide support and assistance to the team to fulfil their responsibilities.
• Coach, train and develop the team.
• Manage delivery of services against SLAs entered.

Transactional Shared Services / Financial Accounting

• Prepare monthly journals.
• Review reconciliations performed by team.
• Review cost allocation of purchase requests.
• Prepare reconciliations of general ledger accounts.
• Provide quality accounting support and technical advice to key internal stakeholders.
• Ensuring completeness of transactions on the system on a timeous basis.

QUALIFICATIONS

• Minimum requirements CIMA / CGMA
• BCom Accounting with Articles
• Chartered Accountancy qualification will be advantageous

EXPERIENCE

• Minimum five years related experience in a construction, mining or tailings environment
• SAGE ERP experience would be an advantage
• Contract allowance accounting experience

SKILLS, QUALITIES AND ABILITIES REQUIRED

• Technical
• Report writing
• Analytical
• Financial and budget control
• Mentoring and Coaching
• Good performance management
• Communication, conflict handling and interpersonal