Assistant Manager Finance Component Costing

In brief

Overview This role is for an Assistant Manager Finance Component Costing at Toyota. The position focuses on various financial costing activities, primarily related to local, imported, and in-house materials and components. What you will do * Compile Standard cost estimates for Local, Imported and In-house materials and Parts and Accessories. * Perform variance analysis for monthly price movements by liaising with Purchasing Division, Toyota affiliates, Plant and Logistics division. * Compile Standard cost estimates for Components on New models and Facelifts. * Perform analysis to check whether new pricing is adequate for Component and Vehicle Costing. * Determine parameters to be used for Costing, assessing reasonableness and completeness. * Compile and issue Costing activity timing plan to co-ordinate activities from various areas PCLD, PUD, Unit plants, Finance, Component Exports. * Analyse revaluation accounts to ensure that stock are valuated correctly and standard prices updated correctly. Also check that there are no unauthorised entries. * Investigate, analyse and report on local and import price variances Standard vs Actual cost. * Analyse Unit Plant Production variances Standard vs Actual Consumption. * Adjust stock accounts via capitalised price variances for actual stock valuations. * Identify master data issues, follow up and co-ordinate meetings with relevant areas. * Prepare monthly, quarterly and annual cost comparisons for Exec. presentations. * Check stock with zero or 1 cent cost to determine validity of pricing. * Perform continuous evaluation of component costing processes for areas of improvement/enhancement. * Compile change managements for system changes to improve reporting. * Ensure SOX requirements are met. * Investigate, analyse and report on Standard cost estimate errors. * Monitor financial loss/gain account and investigate material to material transfers and plant to plant transfers. * Compile materials budget for Export components and Parts and Accessories based on budget parameters and volumes. * Provide Costing for Intercompany Selling prices. Requirements (from the original advert) * Minimum NQF5 qualification 240 credits majoring in Accounting / Management accounts /B.Comm /Finance equivalent * Minimum of 3-5 years Managerial accounting/Costing experience in a Manufacturing environment * Excellent SAP CO module and MS Excel skills are essential. * Accurate Information gathering and analysis * Awareness and commitment to our mission * Awareness of situations and Decisiveness * Communication and sharing of mid to long term plans * Creation of innovative vision * Establishing framework and systems for organisational review * Feedback of evaluation results and long-term development of others * Perseverance * Strategic re-allocation of resources and review of work methods * Suitable assignment and objective performance review Who should apply The ideal candidate holds a minimum NQF5 qualification (240 credits) with a major in Accounting, Management Accounts, B.Comm, or Finance, or an equivalent. They should possess 3-5 years of managerial accounting or costing experience specifically within a manufacturing environment. Essential skills include excellent proficiency in SAP CO module and MS Excel. Applicants should also demonstrate competencies in accurate information gathering and analysis, commitment to the company's mission, situational awareness, decisiveness, effective communication, innovative vision, ability to establish frameworks for organizational review, provide feedback for long-term development, perseverance, strategic resource allocation, and objective performance review. Deadline Not specified Reference Original posting: https://www.myjobmag.co.za/job/assistant-manager-finance-component-costing-toyota-1 Source: myjobmag

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At a glance

• Microsoft Excel
• SAP

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