Cost Accountant
Cost Accountant
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
K
Key Purpose:
To own the financial responsibility of managing consignment raw materials and ensuring that the associated master data is reviewed and correctly maintained by addition preparing the necessary reconciliations true ups / downs.
Duties and responsibilities:
- Ensure that Company resin stock levels and related liabilities are correctly accounted for and reconciled on a monthly basis.
- Ensure that the Company LME is correctly accounted for and reconciled on a monthly basis.
- Strong relationship with Planning Department to ensure changes affecting key raw material purchases (resin aluminium glass) are understood follow a rigorous governance process and are correctly accounted for.
- Strong relationship with raw material supplier finance teams to ensure effective working relationship and contract term adherence.
- Problem solves any discrepancies on master data. Work with Technical Regions and Procurement to resolve / update master data on raw material discrepancies noted.
- Analyse related price and resin consumption variances to ensure accurate monthly recording in SAP.
- Identify and execute process improvement initiatives for raw material accounting.
- Liaise with Planning and Procurement on financial implications and reconciliation impact with respect to the introduction of new or a changed contract terms.
- Preparation of variance analysis against budgets and PFs and provide insightful commentary.
- Perform annual price planning in SAP (subcontracting).
- Liaise with commodity managers for information sharing and identify focus areas where commodity increases are not in line with CPI or market related change in contract terms etc.
- Complete statutory templates covering raw materials purchasing and management.
- Attendance of quarterly stock counts and ensure compliance to hard close and year end procedures.
Qualifications and experience:
- BCom Honours or equivalent.
- 34 years operational finance experience.
- Previous experience in costing and contract management an advantage.
- 34 years experience as a Cost Accountant busy completing their CIMA qualification.
- Costing experience
- CIMA qualified
Employment Type
Full Time
