Job Description
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Our leading manufacturing client in the upper highway area is lookiing for a senior Cost and Management Accountant to report directly through to the Financial Manager.
BOM Costing and Analysis
- Manage the costing function for all new Bill of Materials (BOMs).
- Continuously analyze and verify current BOM costings in line with recipe changes and raw material availability.
- Report on BOM adherence and the impact on cost of sales, including identifying actions to reduce substitution costs.
WIP and Floor Operations
- Investigate Work-In-Progress (WIP) variances to identify BOM deviations and measure their effect on cost of sales.
- Provide operational support on the production floor to ensure recipe adherence, BOM accuracy, and consistency in kit issuing.
- Conduct physical testing and verification of inputs and BOM costing directly on the production floor.
Process Improvement and Controls
- Implement process improvements to reduce kit issue failures and ensure BOM accuracy.
- Maintain and enhance internal controls and Standard Operating Procedures (SOPs).
- Track factory performance against technical KPIs and develop production efficiency and value-add metrics.
Margin Analysis and Pricing
- Compile and review daily margin analyses, including channel service costs, to ensure pricing stability and contract margin adherence.
- Provide daily exception reporting to Sales and Production teams.
- Manage customer growth incentive calculations and monthly provisions.
Project and System Support
- Support Management Accounting (Man Acc) projects during scoping, testing, implementation, and post-project reviews.
- Provide operational and floor-based insights to improve systems and production knowledge.
Labour and Overhead Costing
- Maintain and improve labor and overhead costings on Syspro.
- Monitor and report on over/under-recoveries monthly, identifying inefficiencies and productivity opportunities.
- Lead implementation of overhead allocations, including department- and product-specific breakdowns.
Standard Cost and Price Variance (PPV) Reporting
- Backup support for raw material price uploads (weekly ZBC and monthly standard costs).
- Investigate and report on daily/monthly PPVs and standard cost variances.
- Recommend standard cost adjustments when PPVs are exceptional.
Stock Management
- Monitor internal stock movements and warehouse stock controls affecting Cost of Sales (COS).
- Support and facilitate month-end stock takes, including weekend activities.
- Perform stock and WIP variance analysis as needed.
General Reporting
- Conduct ad hoc reporting and analysis upon request.
Key Relationships
Internal:
- CFO, Financial Manager, Finance Team, Production Management, Plant Employees
External:
Required Skills and Experience
- Qualification: CIMA qualified
- Experience: Minimum 5 years in a large manufacturing plant
- Systems: Proficient in Syspro ERP
- Specialized Knowledge:
- Strong operational and stock control experience
- Costing and variance analysis expertise
