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Commercial & Cost Accountant

Job Description - Commercial & Cost Accountant

Our client is seeking an experienced Commercial & Cost Accountant to join their Uitenhage team, 

  • Monitor
    system prices for raw materials and components

  • Continuously
    monitor material price changes and identify potential risks that could impact
    the achievement of cost targets

  • Maintain
    and update standard costing for inventory

  • Perform
    activity-based costing and review the allocation of overhead costs

  • Monitor and
    control overhead expenditure against budget

  • Monitor
    freight costs against agreed rates with freight forwarders and investigate and
    report any deviations

  • Review and
    monitor price variances and ensure that any discrepancies are valid and
    adequately explained

  • Prepare
    monthly reports and KPIs relating to cost variances, with a specific focus on
    inventory

  • Review and
    allocate cost centres for all purchases and employee-related costs

  • Prepare and
    implement annual budgets

  • Monitor
    performance against budgets and RFQs for existing contracts across all cost
    elements

  • Assist with
    the preparation of RFQs, focusing on raw material, labour, and machine-related
    costs

  • Maintain
    MHE and lease schedules

  • Evaluate
    suppliers to ensure they remain competitive

  • Maintain
    the preferred supplier list

  • Review
    supplier invoices and compare them against agreed contractual rates

  • Develop and
    improve workflow processes and approval requests

  • Assist with
    ad hoc financial duties as required



Requirements

  • Grade
    12

  • BCom
    Accounting (essential)

  • Minimum of
    2-3 years' relevant experience

  • Knowledge
    of IFRS, auditing, and internal control principles

  • Experience
    in a manufacturing environment (automotive manufacturing experience preferred)

  • Advanced MS
    Excel skills

  • ERP system
    experience (SYSPRO preferred)

  • Own vehicle
    advantageous



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