Cost Accountant

  • Full Time
  • Permanent
  • Cape Town
  • Applications have closed

SFG Engineering Services

Cost Accountant

Job Requirements:

  • Must come from the Marine Industry
  • Ten (10) years industry related experience in a project driven engineering/manufacturing environment
  • Project management and project life cycle knowledge
  • Financial qualification
  • Postgraduate education: appropriate Degree or Diploma in Cost Accounting
  • Computer literacy, MS Projects, MS Excel (familiarity with VLOOKUPs and pivot tables)
  • Knowledge of BBBEE and applications will be an advantage
  • Understand and apply financial due diligence processes
  • Ability to interpret contractual requirements & commercial agreements
  • Must have a strong cost systems background
  • Strong inventory management skills
  • Sound understanding of accounting principles
  • Excellent analytical skills

Job Responsibilities:

  • To take ownership of the division’s financial requirements and application of commercial agreements;
  • Improve day to day decision making by ensuring that the relevant financial and commercial information is taken into account;
  • System implementation to improve control in all aspects of the operations;
  • Developing and implementing improved financial policies, procedures, systems and internal control;
  • Negotiate and manage company contracts with major suppliers, service providers and customers;
  • Critical interpretation and understanding of performance and cost criteria as well as the recovery within customer contracts;
  • Strong cost control focus on all projects executed and fixed cost determination and management;
  • Planning, studying, and collecting data to determine costs of business activity of different business units and functions;
  • Recording cost information for use in controlling expenditures;
  • Implementing systems to monitor profitability in all aspects of the business and highlight any concerns or problems timeously;
  • Preparing project cost forecasts and scenario planning;
  • Providing management with reports specifying and comparing factors affecting prices and profitability of services;
  • Estimating the impact of changes in service offerings and introduction of new projects on pricing and profit margins;
  • Analyzing and reporting on profit margins;
  • Maintaining cost accounting system;
  • Overseeing monthly management accounting and monthly variance reporting;
  • Planning and managing annual budgeting process;
  • Planning and managing the year-end process and dealing with auditors;
  • Risk and corporate governance management;
  • Leading and supporting the financial functions and decisions of the business;
  • Consolidate sales forecasts and input into developing monthly best estimates;
  • Manage and drive behaviour around working capital discipline and management;

If you do not hear from us within two weeks of the closing date, your application has been unsuccessful.

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