Analyst – Cost Control

JOB PURPOSE

To assist in managing departments’ annual budget by assist in preparation of annual budget & long term business plan, delivering financial advices to department’s business leaders, report departmental financial performance and ensure all costs are recorded as per international financial reporting standards.

RESPONSIBILITES:

2.1 Deliver financial advice and support to the Area and Departmental leaders to ensure the SA business Areas meet their financial targets Monitor and report Area and Departmental financial performance.

• Analyze Area and Departmental Financial Data
• Review and analyze expenditure against budget
• Analyses Maintenance costs for Central Maintenance
• Produce cost variance and inventory valuation analysis

Deliver financial advice and support to the business leaders

• Deliver advice and forewarning to Operations Managers (and their teams) on financial results and trends
• Recommend systems and procedures to support the management of costs. Implement the approved recommendations
• Work with the business leaders to assist developing, manning, controlling cost budgets and capex/investment projections
• Support the Business Leaders in the financial evaluation of proposals to increase efficiency and reduce costs
• Support the businesses to achieve their cost targets
• Reporting: collate, analysis, report financial and budget information to support leadership decision-making
• Action controllable costs (Cost Pillar) reporting
• Support the business teams to implement efficient systems for purchase order receipt, cost reporting, and asset replacement
• Co-ordinate the preparation and review of Department budgets
• Identify trends on the SA Cost Pillar

Monitor and control Area and Departmental financial accounts and assets

• Ensure that costs are appropriately recognized within the correct accounting period
• Analyze, monitor, and control outstanding purchase requisitions, open purchase orders and invoices without goods/service receipts. Ensure timely closure
• Action physicals stocktake; ensure accurate inventories
• Monitor changes in the warehouse
• Ensure Capital appropriation as required
• Obtain financial data from department, review, critically analyze and enter verified statistical key figures (SKF) into SAP.

2.2 Action the SA Environment, Health & Safety (EHS) routines to maintain high EHS standards

• Action the SA EHS safety routines
• Conduct EHS risk assessments on major projects
• Analyse EHS equipment risks

REQUIREMENTS

Essential qualifications and experience:

• Degree in Finance or Accounting with 3 years of relevant finance experience

Knowledge and skills

Sound knowledge of:

• Business administration
• Principles of accounting and accounting standards
• Financial principles
• Corporations law, financial regulations and SA financial policies
• Bookkeeping
• Data processing
• Financial, accounting, and budgeting and cost control procedures
• Working with Microsoft office especially spreadsheets
• Applying software to analyse, illustrate and report financial information, including comparisons, impacts and projections
• Applying mathematical concepts; performing calculations
• Applying the computerized information systems used in financial and accounting applications
• Coaching others and transferring technical skills
• Generic Skills:
• English language: Fluent in written and spoken English, including the ability to read, analyse and understand complex technical documents in English
• EHS : Good knowledge of the EHS policies, systems and management procedures required in an industrial plant. Commitment to EHS principles. The capacity to influence others to work safely
• SAP : Basic