FSSC Cost Accountant x2 at AECI Limited

Job Description

Role Purpose

• To develop the product cost accounting business system and services that will inform financial and business decisions, enable analysis and forecasting, and inform business and operational decisions.
• To direct, guide and coordinate costing and information development processes and appropriate systems in close cooperation with business, GIT and other analytical functions notably in Sales & Marketing, Production & Quality, and Procurement.

Management & Cost Accounting System (incl. Policies & Procedures)

• Responsible for preparing and reviewing monthly preliminary standard costings.
• Review and monitor key materials moving average prices daily and inform business teams of major variances or issues.
• Review standard and actual costs for inaccuracies and material variances
• Prepare, run and update monthly standard costing in SAP ERP post business sign off
• Conduct monthly CO Assessment cycle process.
• Review and upload monthly transfer pricing.
• Review and upload monthly customer sales pricing
• Update customer prices on ad hoc basis
• Review and upload ad hoc SAP Lon View/Forecasts
• Review and upload annual SAP budget templates
• Assisting in month-end and year-end closing of SAP Controlling module
• Responsible for creation and change of material master data, bills of materials and routings as requested by business
• Assist Plant Accountants with variances on Production Orders.
• Assist Plant Accountants with review of routings and activity rates to increase accuracy of product costs.
• Track and maintain standard cost compared to actual cost.
• Assist business with product and unit cost controlling.
• Performing cost variance analyses
• Recommending changes to processes to reduce cost and maximize profit
• Monthly reconciliations and analysis of stock financial accounts
• Review and update Costing processes and SOP’s

Internal and external controls

• Assist with controls, procedures and supporting documentation for the audit process and enforcing controls
• Assist with requested documentation and reports for the internal/ external auditor
• Assist with resolving audit queries internal/ external auditor where required

Customer and Stakeholder Accountabilities

• Develops and maintains good stakeholder relationships (internally, retained organization)
• Identifies trends and opportunities and communicates or escalate as required and appropriate
• The FSSC Cost Accountant may be required to work additional hours over the month end period.

Qualifications & Experience

• A bachelor’s degree in management and cost accounting, CIMA or equivalent
• 3 – 5 years’ experience in product costing
• Manufacturing Industry (advantageous)
• A high degree of computer literacy including advanced knowledge of the MS Office Suite – especially MS Excel and Word
• Ability to understand and apply financial policies, procedures, and processes specific to the company
• Sound knowledge of an ERP system, preferably SAP Controlling module
• Good business acumen

Competencies (skills, knowledge and characteristics)

• Excellent organisational and time management skills
• Excellent communication
• Problem solving skills
• MS Office
• MS Teams
• Analytical and Conceptual
• Communication (written and verbal)
• Relationship Building
• Multi-tasking
• Constructive questioning and reflection
• Ability to understand and apply financial policies, procedures, and processes specific to the company
• Knowledge of systems, policies, and procedures
• Knowledge of the regulatory, statutory and compliance frameworks affecting area of responsibility
• Ability to extract reports from the system
• Results orientated
• Collaboration and influencing
• Time and priority management and ability to meet deadlines
• Attention to detail and accuracy
• Numerical and clerical skills

Closing Date

• 2025/07/23