Cost Accountant -Production - Pretoria at RCL Foods

Job Description    

• RCL FOODS is seeking a Cost Accountant. The role will be based in Pretoria West Mill and reports to the Management Accountant. RCL FOODS is looking for an individual who is analytical, has attention to detail and experienced in cost and management accounting at a plant (Beneficial).The successful incumbent will be responsible for daily mass balancing of Manufacturing Work in Progress (WIP), including identifying, analyzing and posting of variances per job to provide management accounting support and insight to the Business in particular Manufacturing and Commercial.

Minimum Requirements    

• BCOM/BTEC degree in Accountant/Management Accounting
• Minimum of 2-3 years’ experience within a manufacturing environment
• Stock control and stock management experience

Duties & Responsibilities    

Reporting and Variance Analysis

• Provide support for Job cost analysis / WIP variances: Daily mass balance per job
•  Identifying variances (actuals vs expected cost as per the BOM)
•  Analyzing and posting of the job variances
• Provide support for managing of data accuracy and reconciliation between ERP (Syspro) and 3rd party system integrations (Wonderware scales)
• Provide support and document investigation of variances
• Engage with the Management Accountant to provide the business with the tools to make informed strategic decisions, implement change and maximize profitability
• Analyze and explain KPI fluctuations and variances
• Generate a weekly commercial reporting pack that highlights focus points for the week, exposes core issues, generates action plans and assigns responsibilities
• Provide monthly commentary for submission to the Commercial and Manufacturing Managers.
• Overseeing physical stock counts

Costing

• Assist the Management Accountant in determination of product cost, especially the allocation of non-material costs.
• Creating and maintaining Work Centers, Operations and Bill of Materials (BOM’s)
• Understanding the cost drivers and provide commercial insight into variances of cost drivers month on month
• Participate in investigations and audits to support initiatives designed to control costs and maximize profits
• Analyze proposed changes to cost allocations and assist with data collections of new business proposals
• Calculate the actual impact of changes that have been made and new cost allocation and present to Management AccountantCapex
• Manage actual vs target vs forecast spend monthly
• Provide input for all required capex-based reporting to RCL HO in accordance with the national time scheduling and guidelines

System Opportunity Identification

• Developing a broad knowledge base of the organizational processes and policies
• Staying fully informed of operational objectives, performance and critical trends
• Support the Management Accountant in identifying solutions to address key business requirements
• Quantify savings and efficiencies related to these opportunities and draw up Business Case documentation for submission to the Management Accountant

 Teamwork and Self-Management

• Take ownership and accountability for tasks and activities and demonstrate effective self-management in terms of planning and prioritizing and self-development
• Follow through to ensure that quality and productivity standards of work are consistently and accurately maintained
• Inform relevant parties in the event of tasks or deadlines not met, the potential risks thereof and provide appropriate resolution
• Support and drive the business core values
• Manage colleagues’ expectations and communicate appropriately
• Demonstrate willingness to help others and “go the extra mile” to meet team targets and objectives
• Champion training and development of self and others utilizing available training opportunities
• Participate in, and drive regular performance appraisals and ensure that own targets and goals are clear and achievable
• Ensure deliverables are submitted on time and with the right level of accuracy and form