Senior Accountant: Cost

Swakop Uranium - swakopmund, namibia

5 months ago


Provide ongoing costing and production information, analysis of cost variances, justification of costing projects, margin analysis and tracing costs back to underlying activities. The position also constructs and monitors cost-effective budget and actual reporting systems needed to provide an appropriate level of management (cost and performance) information, and supports budget holders on financial and costing disciplines.

Key Performance Areas:

  • Ensure adequate management reporting per sub division and coordinate monthly cost meetings with management/budget holders.
  • Assist in the compilation of key business metrics and report on them in monthly management reports.
  • Report on productivity measures cost per ton/Hour/MTTR MTBF etc.
  • Perform Economic Value Analysis where required for new projects.
  • Provide site support through accurate cost allocations on stock, POs and labour.
  • Prepare cost center reports and allocate overheads monthly to determine profitability.
  • Identify and analyse expenditure trends and performance against budget.
  • Ensure accurate cost allocation per area/cost center and rectify it through month end journals.
  • Monthly and year end accruals for cost realized but not expensed yet.
  • Confirm stock valuation classes for new stock applications.
  • Produce weekly cost reports to EXCO.
  • Identify possible cost saving opportunities, discuss with end-users and, in collaboration with end-users.
  • Manage and follow up on departmental cost saving projects to provide timely feedback to Management.
  • Maintain and improve cost accounting system.
  • Assist SCM with bi-annual stock count at all SU Warehouses.
  • Coordinate and manage the annual budget process in terms of timing, guidelines, communication and facilitation with allocated departments.

Requirements and experience:

  • Grade 12 or current NSSCO with 20 points over 5 subjects.
  • B. Comm degree or other relevant Accounting Degree (NQF level 7).
  • Honours degree or postgraduate diploma in Management Accounting (NQF level 8) will be an added advantage.
  • Professional Accounting/Membership: CIMA/ICAN is an added advantage.
  • Minimum 5 years Management Accounting experience, of which 2 years should have been in a senior capacity.
  • Experience in the mining industry.
  • Experience in the application of Management Accounting and Costing Principles, Practices and Models.
  • Sound governance, internal controls, reporting experience.
  • Valid Code B/BE Drivers License

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