OverviewReferenceCost Management AccoSalaryZAR/monthJob Location- South Africa -- Johannesburg Metro -- JohannesburgJob TypePermanentPosted03 October 2023Our client is seeking a dedicated and detail-oriented Cost Management Accountant to join their finance team. The Cost Management Accountant will play a crucial role in managing and optimizing costs across the organization. If you have a strong background in cost accounting and financial analysis, and you're passionate about helping a company operate more efficiently, we encourage you to apply.Responsibilities:ForecastingWeekly forecast of sales/cost of sales/margin / overheads & EBITCashflow forecasting and variance analysisForecasting project closures/ppt's / cost and marginsIncome statements, balance sheet and c,ash flow statementsCash Management and OptimisationBudgetingCompiling and submission of the annual budgetContract budgeting - actual vs. planned cost with variance analysisAnalysis of contract costCapex budget against costManpower budget vs. actualReview of revenue and cost centrecenterncesProject AccountingHours accounting and recovery analysisActual vs. planned with variance analysisProject cashflows actual against budgetPerform trend analysis and actively evaluate project cost and schedule performance to identify potential risk areas, validate forecasts, and communicate same to key stakeholdersCost ControlSetting and reviewing standardsReviewcentercentre cost and advisecentercentre managers on improvementsMonitoring major cost and highlighting cost savings on expense accounts where necessaryWork closely with key stakeholders to identify project risks, and lead the cost and schedule contingency management process for assigned projectsTender Review & Qualifications on large projectsDeveloping controls systems and proceduresSupport of Branches - Dealing and resolutions of queries/problems from branchesSARB, Tax and DTI Incentives - Apply, process and adhere to reporting requirementsBank limits and Guarantees - Negotiate facilities ensuring company liability is maintainedReportingGerman reportingDevelop dashboards to communicate cost and schedule performance in real time.Monthly management report to Germany & Head OfficeProviding Project Managers, performance status and reporting, baseline change control, and risk managementManaging project control audits with regards to policies, procedures, and systemsAssisting with the audit pack and accounts reconciliations and queriesNew Systems ImplementationReview analysis and report on the proposed new systemParticipate in the business process, development and design and implementation - member of steering committeeReview present financial policies and proceduresQuality ManagementFollow strict procedures and processes dictated by ISO processes and company proceduresDevelop accounting procedures to improve process and controls where necessaryReport and accounting as per regulatory and legal requirementsEnsure adequate control measures are in place in terms of security, confidentiality and documentationRisk ManagementInsuranceMonitor business transaction, claim liability and legal rights and obligationsReview Insurance agreements and ensure insurance is in placeNew vehicle documentation, insurance and vehicle tracking devicesForward Exchange ContractsAll exchange risks are to be covered in terms of the Company's policiesCredit ControlSetting credit limits for every debtor an reviewing debtors applicationsSetting weekly collection targetsReporting on overdue debtors and action steps requiredReview of all debtors limitsCalculation of DSOQualifications:BCom Accounting degreePreferred completed CIMA5-7 years of experience in a similar roleERP system experienceMS Office with solid excel skills, PowerBiIFRS standards knowledge is preferableWork effectively within a team, whilst balancing own prioritiesBe flexible and responsive to changes in the business that impact financial processes and reporting.Strong information monitoring and analytical skills#J-18808-Ljbffr