Cost Accounting Manager at FNB South Africa

To lead and supervise a team of cost accountants in order to ensure that quality and productivity targets are met by leveraging resources, support functions and relationships across the business.

Responsibilities

• Provide cost budgeting guidance to the business (prospective).
• Build, implement and maintain cost models aligned to standard drivers and methodologies to reflect both business expectations and Steerco guidance.
• Manage costing allocation and interrogate the variances.
• Develop, interpret and provide feedback to the business on monthly and ad-hoc analysis and reports to support decision making.
• Prepare profitability calculations and analyse how these influence pricing strategies; provide input for external profitability reporting requirements.
• Coordinate and manage the quality of team’s work, continuously monitoring compliance to quality and implementing improvements where required.
• Manage and monitor risk to ensure that all processes fall within the risk & audit guidelines. Investigate and implement measures to correct audit findings.
• Define processes that effectively manage objective and professional relationships and SLAs with relevant external parties.
• Apply and monitor governance to ensure that all processes and documentation on model rules and assumptions are aligned with technical committee and costing
• Monitor and coach behaviours that ensure a service culture which builds rewarding relationships, proposes innovations and allows others to provide exceptional client service.
• Continuously assess own performance, seek timely and clear feedback and request training where appropriate.
• Participate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively shared.

     Experience and Qualifications

• Recognised undergraduate degree (Finance, Costing or Maths).
• CIMA preferred.
• Additional modelling qualifications e.g. quants & actuarial analysts; stats, financial modelling.
• 3 - 5 years’ experience in a similar environment.
• Experience in managing people.
• Experience and knowledge of technical cost accounting and financial modelling practices.