Cost Accountant
SFG Engineering Services
Job requirements:
- Financial qualification
- Marine Industry experience
- Postgraduate education: appropriate Degree or Diploma in Cost Accounting
- Ten (10) years industry related experience in a project driven engineering/manufacturing environment
- Project management and project life cycle knowledge
- 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
- 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
- CIMA qualification
- InforLN system experience
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;