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    Cost and Management Accountant - Johannesburg, South Africa - Atos

    Atos
    Atos Johannesburg, South Africa

    4 days ago

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    Description

    Position Title: Cost and Management Accountant

    Job Description and Overview:

    As a Cost and Management Accountant, you will be responsible for analysing financial data, monitoring expenditure, conducting cost analysis, and providing insights to assist management in decision-making processes. You will work closely with various departments to ensure accurate financial reporting and cost control measures are implemented.

    Key Responsibilities:

    Cost Analysis:

    Conduct detailed cost analysis of projects to identify areas for cost reduction and efficiency improvement.

    Analyse production/Service costs, overhead expenses, and operational expenditures to optimize resource utilization.

    Develop and implement cost accounting methodologies to accurately track expenses and identify cost drivers.

    Budgeting and Forecasting:

    Assist the CFO in the preparation of annual budgets and forecasts by providing valuable insights into cost trends and expenditure patterns.

    Monitor budget performance and variance analysis, identifying areas of concern and recommending corrective actions.

    Prepare monthly, quarterly, and annual financial reports, including profit and loss statements, balance sheets, and cash flow statements. Ensure accuracy and compliance with accounting standards.

    Financial Reporting:

    Prepare timely and accurate financial reports, including cost reports, variance analysis reports, and profitability analysis reports.

    Present financial information to management and stakeholders in a clear and concise manner, highlighting key findings and recommendations.

    Process Improvement:

    Continuously review and streamline accounting processes to improve efficiency and accuracy.

    Collaborate with cross-functional teams to identify opportunities for process improvement and cost savings initiatives.

    Cross-functional Collaboration:

    Collaborate with other departments, such as operations, sales, and procurement, to gather relevant financial data and insights. Work closely with stakeholders to align financial goals with overall business objectives.

    Compliance and Risk Management:

    Ensure compliance with accounting standards such as IFRS (International Financial Reporting Standards) and local regulations, regulatory requirements, and internal policies and procedures.

    Identify and mitigate financial risks through effective internal controls and risk management practices.

    Qualifications and Skills:

    Bachelor's degree in accounting, Finance, or related field. Professional certification such as CIMA (Chartered Institute of Management Accountants) or similar is preferred.

    Proven experience as a Cost and Management Accountant or similar role, preferably in a manufacturing or production environment.

    Strong analytical skills with the ability to interpret complex financial data and provide actionable insights.

    Proficiency in cost accounting principles, budgeting techniques, and financial modelling.

    Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams. Advanced proficiency in accounting software and Microsoft Excel.

    Additional Requirements:

    Knowledge of South African accounting standards and tax regulations.

    Understanding of ERP (Enterprise Resource Planning) systems, preferably SAP.

    Ability to work independently and manage multiple priorities in a fast-paced environment.

    Strong attention to detail and accuracy in financial reporting.

    Salary Range:

    ZAR 500,000 to ZAR 700,000 Total company cost per annum, with opportunities for performance-based bonuses and benefits.

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