Cost and Management Accountant

at ZHRS
Location Sandton, South Africa
Date Posted August 14, 2022
Category Accounting
Job Type Full-time
Currency ZAR

Description

Our brand philosophy is that we can create anddistribute anything that is able to be digitised. Our approved brand is theĀ face of our service offering and is underpinned by a world-class technologyplatform for both online and offline commerce.

Duties & Responsibilities

The cost accountant is responsible to compile and assess the Technologyfinancial data. Advise management about operations and costs for the Division.

Review information to evaluate the financial performance of the Division.The cost accountant is accountable for the ongoing analysis of processconstraints, target costing projects, margin analysis, and tracing costs back tounderlying activities.The cost accountant must also construct and monitor thosedata accumulation systems needed to provide an appropriate level of costinginformation to management.

RESPONSIBILITIES

Financial Management and ControlTrack progress against budgets within established finance systems and reportvariances to more senior colleagues.

Collection and AnalysisConstruct data accumulation systems for a cost accounting system.Create and review the controls needed for data accumulation and reportingsystems.Financial AnalysisConduct ongoing process constraint analyses.

Report on breakeven points by products, subsidiary, and systems.Report on margins by product and division.Report on periodic variances and their causes, focusing in particular onspending variances.

Analyze capital budgeting requests.Perform cost accumulation tasks as a member of the target costing group.Insights and ReportingContribute to the preparation of various financial data and analytics reports.InventoryCoordinate physical inventory counts and cycle counts on hardware and assets.Investigate cycle counting variances and resolve issues.

Update standard costs in the bill of materials.Review standard and actual costs for inaccuracies.Validate the cost of goods sold as part of the month-end close.Revise the reserve for obsolete inventory as needed.Accumulate and apply overhead costs as required by generally acceptedaccounting principles.Work with the Finance Team to locate and dispose of obsolete inventory.

Desired Experience & Qualification

Bachelors Degree in Finance / Accounting

EXPERIENCE Minimum

4 years' experience in similar role

Package & Remuneration

R490K inclusive of medical aid, provident fund, group life, disability cover

Perfomance bonus payable in December

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