Application deadline date has been passed for this Job.
GoZambiaJobs.co.zm
Job Overview
AAZ is seeking a skilled Cost Accountant who will be responsible for performing cost analysis and preparing budget reports.
This role reports directly to the Assistant Manager Financial Planning and Analysis.
Location: The role will be primarily based in Siavonga at our Production plant.
The Right Fit candidate will be responsible for;
Cost Analysis
- Building updated databases and managing cost information to help maximize the company’s profitability,
- Combining different data and performing calculations of profit margins,
- Creating detailed reports to present cost-effective solutions
- Calculating and proposing fixed costs
- Building data accumulation systems
- Reviewing company’s standard and actual costs and report any inaccurate data
- Retrieving cost information and managing company’s expenses databases
- Performing planning of variable costs (such as material purchases and operations costs)
- Creating budgeting reports for different company’s departments and present them to senior management
- Reviewing profit margins and preparing reports on the results
- Creating cost forecasts on monthly, quarterly and annual basis
- Organizing month-end and year-end closing activities
- Developing cost-effective solutions and presenting them to senior management
Inventory Management
- Responsible for maintaining accurate stock listings;
- Facilitate and participate in monthly and annual stock counts;
- Perform monthly stock reconciliations of physical counts against system for all categories of inventory and highlight variances to the management;
- Assist in developing and implementing inventory policies and procedures;
- Report shortfalls and surplus inventory, weekly and monthly for replenishment;
- Ensure that goods received by warehouse/stores are matched with the actual invoices from the suppliers;
- Reconcile stock deliveries with purchase orders and or agreed contract terms, and raise non-conformity reports where applicable;
- Ensure that finished goods dispatched to the customers are matched with the actual invoices issued to the customers;
- Coordinate with warehouse team to implement and ensure a control system to reduce damage, breakage and inventory obsolescence;
- Support accurate and timely financial reporting through ensuring all stock data is updated correctly;
- Manage the monthly financial close process for all categories of stock;
- Ensure proper records and classification in terms of cost and quantity of all inventory items; Finished Goods, raw materials, spare parts and other consumables;
- Ensure stock ledger entries are properly coded and classified;
- Carry out spot checks on stock balances in the Stores warehouse as against the system records to capture any anomalies; and
- Assist Finance Operations in other relevant tasks as assigned
The Cost Accountant Must Have:
- Full ACCA or CIMA
- 3+ years’ experience of working on a Cost Accountant, Cost Analyst, Accountant or similar position
- Significant experience with accounting procedures
- Excellent knowledge of Generally Accepted Accounting Principles (GAAP)
- Good practical experience with accounting software, such as Navision
- Good level of computer literacy, particularly with MS Excel and the entire Microsoft suite
- Strong analytical and time management skills, with close attention to detail
- Productivity, responsibility and ability to handle confidential information
Technical Skills/Competencies
- Computer literate with hands on experience in use of Navision software;
- Good understanding of stock-related operational and control requirements;
- Strong analytical and problem-solving skills;
- Team player with good communication skills;
- Ability to work with minimal supervision; and
- Person of high integrity and self-discipline;
If this is YOU, AAZ want to hear from you today!!!
This is a full-time position and the successful candidate must be available to work weekdays and weekends