Senior Cost Accountant(Sandton)
Gauteng, South Africa
12d ago

Job Purpose

The Senior Cost Accountant will be responsible for the Finance function of the Technology Department. Generation and analysis of reports including monthly management accounts, project forecasts and cost reports, variance reports as well as assist in preparation of budget for unit and other tasks as and when required.


  • Manage Technology’s finance function Assist with the co-ordination and management of the accounting function Ensure that all financial processes, systems and policies are adhered to Ensure proper and efficient costing, manage operational cost recovery and operational expenditure Identify through analysis of cost reports and discussions with Technology heads, those suppliers whose services are no longer needed cancelling these services thus creating cost efficiencies Ensure that Technology assets are included in the asset register and depreciated accurately Perform a variety of monthly reconciliations to ensure integrity of financial information Manage Capex spend against agreed budgets
  • Financial analysis and reporting

  • Assist with the analysis and preparation of several financial reports and ensure the distribution and presentation of this information to the relevant parties
  • Track actual costs against budget on a monthly basis
  • Analyse and prepare all month-end and year-end reports, including, management packs, project profitability analysis and variance reports
  • Analyse the information to ensure that detailed explanations are presented, particularly for variances from the budget
  • Follow up on exceptions and misallocations
  • Review invoices from suppliers to ensure correct allocation and on-billing
  • Reconcile supplier accounts and sort out legacy and present issues
  • Oversee reconciliations, payments, purchase orders and ensure that these are processed in line with the relevant financial procedures
  • Oversee the invoicing process including allocation of payments
  • Budget compilation Prepare and submit the annual budget, both opex and capex Manages expenditure against the budget Ensure that the budgetary process is used to track and report on all expenditure
  • Project forecast and cost reports Assist in defining process to break-down costs for various projects Review all data used in departmental reports and ensure the accuracy thereof Preparation of forecast for all projects approved by Technology Head;
  • Preparation of project cost reports; Review of monthly project cost reports against forecast;
  • Inter-unit and company billing Calculate cost incurred on behalf of different business units and company; Instruct Finance department which business units to on-bill;
  • Ad hoc reports Prepare ad-hoc report as and when required
  • SIM Management Manage all SIM related queries ordering, blocking, unblocking, activating, swopping and general queries Alert responsible parties of network availability Maintain a complete and accurate register of staff issued SIM cards Ensure correct departmental allocation and billing Maintain a complete and accurate register of APN issued SIM cards Assist Finance department with billing issues Prepare a daily top-
  • spenders report and distribute to the relevant parties

  • Additional tasks
  • Maintain the contracts register
  • Maintain the renewals register
  • Assist with procurement
  • Assist Finance department
  • Requirements of the Job Experience

  • 5 to 6 years’ experience
  • Matric
  • B.Com Accounting Honours degree (with articles or 2-3 years commercial experience in a Financial Accounting Role); or
  • B.Com Accounting Degree
  • Competencies / Behaviour

  • Diligent and high attention to detail, able to identify errors and make corrections
  • Good verbal and written communication skills
  • Assertive and resourceful, able to resolve issues completely
  • Able to work well under pressure when required
  • Work effectively in a team environment
  • Excellent accounting / reporting system skills (Navision)
  • Advanced Excel (is a must)
  • Strong technical knowledge
  • Up to date with the latest accounting standards and best practices
  • Strong business acumen and thorough understanding of economic affairs
  • Behavioural attributes

    The incumbent displays the following competencies :

  • Achievement Driven
  • Acting with Confidence
  • Analysis
  • Attention to Detail
  • Business Knowledge
  • Communication
  • Conflict Management
  • Integrity
  • Management of Financial Resources
  • Mathematical Reasoning
  • Planning and Organising
  • Self-Motivated
  • Stress Tolerance
  • Time Management
  • Using Financial information
  • Working with data / numbers
  • Apply
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