31 Finops Specialist jobs in South Africa

Job Title: Cost and Management Accountant

Location: Cape Town, South Africa

Industry: Fast Moving Consumer Goods (FMCG) /Food

Job Type: Full-time

Salary: Competitive, based on qualifications and experience

Job Summary:

Hire Resolve is seeking a skilled Cost and Management Accountant to join our client's fast-moving consumer goods (FMCG) company in Cape Town. The ideal candidate will be responsible for managing and analyzing financial data to support business decision-making and improve cost efficiency.

Key Responsibilities:

- Prepare and analyze monthly financial reports, including cost analysis and variances
- Develop and implement cost-saving initiatives to improve profitability
- Monitor and control product costs, including raw materials, production costs, and labor costs
- Provide management with insightful financial analysis and recommendations to drive business growth
- Assist in budgeting and forecasting processes
- Conduct regular audits to ensure compliance with financial regulations and best practices
- Collaborate with cross-functional teams to optimize operational efficiency
- Participate in strategic planning and goal setting activities

Requirements:

- Bachelor's degree in Accounting, Finance, or related field
- Professional certification such as AGA, CIMA, or CA preferred
- Minimum of 3-5 years of experience as a Cost and Management Accountant in the FMCG industry
- Strong analytical skills and attention to detail
- Proficiency in financial analysis tools and software
- Excellent communication and interpersonal skills
- Ability to work independently and as part of a team
- Knowledge of accounting principles and financial regulations
- Experience with SAP or other ERP systems is a plus

If you meet the above requirements and are passionate about driving financial performance in a dynamic FMCG environment, we encourage you to apply for this exciting opportunity. Join us in our pursuit of excellence and innovation in the world of fast-moving consumer goods.

Send your CV to:

(USE THE SUBJECT LINE - COST ACCOUNTANT CAPE TOWN)

Should you not hear from us in 3 days, please note that we will keep your CV on file for future opportunities that may arise.

Our client, a listed multinational manufacturing company in South Africa, is looking for a Cost & Management Accountant to provide overview & analysis of Cost of Sales & Gross Contributions Stats at Business Unit level, as well as assist with Sales related projects & complete ad-hoc feasibility projects. This is an EE position, therefore preference will be given to African & Coloured applicants.

Key Performance Areas:

• Participate in organisational strategy management from a financial management perspective
• Provide financial analysis & support to management & all operational areas of the business
• Maintain & update accounting system
• Prepare & review details product costing for all new parts
• Analyse all current parts & make recommendations for the financial recovery on distressed parts
• Calculate & propose potential price increases
• Provide indicative “what-if” costings and impact on profitability for: New Product Generation and Specification to existing products.
• Work closely with technical team to ensure integrity of the control sheet.
• Provide meaningful profitability information and recommend ways to optimise customer profitability and project profitability for new business.
• Recover margin in underperforming categories by highlighting commercial impact (margin enhancement vs volume opportunity) and assist in strategic decision making.
• Support the Business Development Managers in the use of system tools regarding costing and profitability.
• Create a platform within quarterly profitability review to evaluate the success of project post launch review, providing insight and learnings which can be taken into future launches.
• Weekly tracking of costings done to create visibility of projects in order to manage workload with projects and customer focus teams.

Requirements:

• Bachelor of Commerce / Diploma in Financial Accounting
• 3 years' experience in a management accounting role
• Automotive & Manufacturing experience

Our client, a national manufacturing concern, needs your experience and expertise to provide an overview and analysis of COS and Gross Contributions Stats at division level, as well as assist with Sales-related and adhoc feasibility projects.

The Person:

• B.Com Degree in Cost & Management Accounting or equivalent.
• Min. 2 to 3 years’ experience in a management accounting role.
• Automotive Industry and Manufacturing environment experience essential.

• Participate in organisational Strategy management from a financial management perspective.

• Provide financial analysis and support to management and all operational areas.
• Maintain and update accounting system (ERP: LX).
• Ensure compliance with internal control.

• Prepare and review detailed product costing analysis.
• Analyse all current stock and make recommendations for the financial recovery on distressed stock.
• Calculate and propose potential price increases.
• Review GP percentage of individual BOM’s and identify distress stock.
• Participate in continuous improvement initiatives.

• Provide indicative “what-if” costings and impact on profitability for: New Product Generation and Specification to existing products.
• Ensure most current costs are used when calculating profitability.
• Effectively communicate and present findings as well as recommendations to the Commercial Manager, Business Development Manager, Technical team and the rest of the cross-functional team.

• Provide meaningful profitability information and recommend ways to optimise OEM profitability and project profitability for new business.
• Recover margin in under-performing categories by highlighting commercial impact (margin enhancement vs volume opportunity) and assist in strategic decision-making.
• Support the Business Development Managers in the use of system tools regarding costing and profitability.
• Support Commercial Manager in considering product rationalisation, mix comparisons and other business improvement opportunities.
• Attend customer and commercial meetings to provide insight into ongoing projects and commercial items.

• Create a platform within quarterly profitability review to evaluate the success of project post launch review, providing insight and learnings which can be taken into future launches.
• Develop suitable standard of commercial reports that will provide insight, stimulate further discussion, and assist in decision-making across RFQ patch.
• Work closely with IT to automate reporting where possible.
• Weekly tracking of costings done to create visibility of projects.

• Good sense of structure, processes and controls.
• Experience in managing/supervising staff.
• Good grasp of Brilliant Basics.
• Take ownership and accountability for tasks and activities.
• Demonstrate effective self-management in terms of planning and prioritising, and self-development.
• Follow through to ensure that quality and productivity standards of work are consistently and accurately maintained.
• Manage colleagues and client’s expectations and communicate appropriately.
• Demonstrate willingness to help others and “go the extra mile” to meet team targets.
• Participate and drive regular performance appraisals and ensure that own targets and goals are clear and achievable.

R612 000.00 per annum (cost to company)

Our client, a listed multinational manufacturing company in South Africa, is looking for a Cost & Management Accountant to provide overview & analysis of Cost of Sales & Gross Contributions Stats at Business Unit level, as well as assist with Sales related projects & complete ad-hoc feasibility projects. This is an EE position, therefore preference will be given to African & Coloured applicants.

Key Performance Areas:

• Participate in organisational strategy management from a financial management perspective
• Provide financial analysis & support to management & all operational areas of the business
• Maintain & update accounting system
• Prepare & review details product costing for all new parts
• Analyse all current parts & make recommendations for the financial recovery on distressed parts
• Calculate & propose potential price increases
• Provide indicative “what-if” costings and impact on profitability for: New Product Generation and Specification to existing products.
• Work closely with technical team to ensure integrity of the control sheet.
• Provide meaningful profitability information and recommend ways to optimise customer profitability and project profitability for new business.
• Recover margin in underperforming categories by highlighting commercial impact (margin enhancement vs volume opportunity) and assist in strategic decision making.
• Support the Business Development Managers in the use of system tools regarding costing and profitability.
• Create a platform within quarterly profitability review to evaluate the success of project post launch review, providing insight and learnings which can be taken into future launches.
• Weekly tracking of costings done to create visibility of projects in order to manage workload with projects and customer focus teams.

Requirements:

• Bachelor of Commerce / Diploma in Financial Accounting
• 3 years' experience in a management accounting role
• Automotive & Manufacturing experience

• Perform cost accumulation tasks
• Analyze and report on variances
• Prepare budgeting reports
• Conduct financial analysis
• Assist in month-end close process

• Bachelor's degree in Accounting or Finance
• Proven experience in Cost and Management Accounting
• Strong analytical skills
• Proficiency in accounting software - SAGE
• Excellent communication skills
• CLEAN CREDIT & CRIMINAL RECORD - will be verified

Join a multinational company situated in Johannesburg.

Main Responsibilities in the manufacturing department are: (Detailed spec will be shared with qualified candidates)

• Lead the financial planning and budgeting process
• Lead the financial planning and budgeting process for total business overheads
• Ensure the timely uploads of monthly sales information into the global reporting system
• Monthly Headcount Reporting (FTEs) to regional controllers
• Provide the consumption quantities for all raw materials used in the monthly manufacturing process
• Provide journals for posting, including reallocations and monthly/annual accruals for the manufacturing division
• Continuous tracking and monitoring of the capital expenditure budget
• Implement and maintain robust cost control measures
• Cost optimization and process improvements within manufacturing operations
• Manufacturing division “dashboard” and Profit & Loss report
• Submission of “Capex by Projects”

• Prepare annual Cost of Production calculations
• Maintain the costing of the Bill of Materials (BOMs) annually
• Maintain the costing views for all new material requisitions
• Maintain data tables relating to purchasing info records
• Review purchasing info records and standard costs
• Detailed understanding of the drivers of material price variances
• Maintenance of the Price Set Tables (PST) and “ASP tool”

• Bachelor’s Degree in finance/CIMA (preferred)
• 5 – 8 years in Controlling at a large multinational
• Highly proficient in Excel

TBD

Qualifications and Experience:

• Bachelor's degree in accounting, Commerce or Cost & Management Accounting (Essential)
• CA (SA) or CIMA certification (Essential)
• Minimum 5 years' experience in Finance and manufacturing, preferably in the Automotive industry
• Sound knowledge of Budgeting, forecasting and financial reporting
• Computer literacy (MS Office)
• Risk management and governance knowledge

• Project Financial Management: Oversee financial aspects of manufacturing projects
• Cost Analysis: Identify cost-saving opportunities and ensure project profitability
• Budgeting and Forecasting: Prepare and manage project budgets, forecasts, and financial plans
• Financial Reporting: Generate and present financial reports
• Compliance: Ensure compliance with financial regulations and company policies
• Collaboration: Work closely with stakeholders for accurate financial tracking
• Audit Support: Assist with internal and external audits
• Process Improvement: Identify and implement process improvements

• Strong leadership skills
• Highly analytical and skilled individual
• Good communication and presentation skills
• Flexible and a team player
• Self-motivated and able to work under pressure
• Planning and organising abilities
• Formulating strategies and concepts
• Strong accounting knowledge