Cost Accountant at Old Mutual

Responsibilities will include the following:

• Define cost objects in consultation with executive or relevant parties
• Create or update template for cost allocation to cost objects
• Assist with the preparation of costing instructions and a procedure document
• Update costing model as and when required, and ensure 
• appropriate review and sign off by cost object owners
• Review costing results and follow up on exceptions and concerns within the costing system
• Workshop with executive to review concerns raised by cost object owners and agree on refinements
• Distribute results to stakeholders
• Prepare relevant forms and reports for budget cycle
• Provide support on SASFM for all users
• Administer and update SASFM for all data dimension changes
• Assist users with budget queries
• Perform detailed analysis of budget data to ensure complete and accurate
• Advise relevant parties where problems are identified
• Ensure that confirmation memo are sent out to all branch & head office manager for their signature 
• Ensure that budget data is interfaced into Oracle and balanced by deadline date
• Prepare expense forecasts on a monthly basis for discussion at Exco
• Load monthly forecasts into HFM by deadline date.
• Maintain service, quality and desired outputs within a specific functional process through ensuring compliance to tactical policies, procedures and standards
• Resolve escalated customer queries and complaints and provide feedback to customers on matters resolved
• Develop work routines in line with operational plans / schedules in order to manage achievement of service delivery goals
• Share knowledge on, and participate in the creation of new standards, control systems and procedures to maintain service delivery
• Align own behaviour with the organisation culture and values
• Share and transfer product, process and systems knowledge to colleagues
• Collaborate and work with the Business Planning & Analysis team to ensure required service levels are delivered
• Actively participate in the Business Planning & Analysis team to ensure functional balanced scorecard objectives are achieved
• Ensure achievement of own performance objectives
• Actively share information with other team members regarding successes, issues, trends and ideas
• Actively participate in own professional development and career path
• Track and resolve operational and performance variations
• Develop and encourage strong team work
• Identify potential inter-departmental problems and escalate them to higher levels
• Engage regularly in team or group problem-solving
• Manage areas of critical compliance and actively manage nonconformance
• Actively manage non-performance
• Ensure the work environment enables employees to “live” the organisation culture and values
• Ensure adherence to financial and corporate policies and procedures, and reduce wastage related to area of accountability
• Take accountability for the management of business related risks within own area
• Operate within agreed mandates as documented in the business rules
• Ensure adherence to organisational policies, practices and procedures
• Identify and recommend areas / ways to improve processes
• Proactively ensure use of time, of resources, money, materials or equipment is in line with policies and procedures
• Comply with corporate governance policies, procedures and standards
• Operate within agreed mandates
• Align own behaviour with the organisation culture and values
• Collaborate and work with the HR Centre of Excellence (CoE) team to deliver required service levels
• Ensure achievement of own performance objectives.
• Actively share information with other team members regarding successes, issues, trends and ideas

Key experience, skills and knowledge required:

• BCom Accounting or similar
• At least 3-5 years in a cost accounting role
• Understanding of systems and how they translate into business partnering