All qualified Basotho applicants are invited to submit their Resumes and certified academic qualifications for the position of Junior Cost Accountant on or before the 19th November 2021. Applications should be submitted to the following email address: [email protected] with the subject line RE: Application For Junior Cost Accountant Position. The position is based at SMD Mine, Kao.
EDUCATIONAL QUALIFICATIONS & RELATED EXPERIENCE
• Degree in Cost and Management Accounting or CIMA
• 3 Year Diploma in Cost and management Accounting
• Degree in Accounting and finance with appropriate Costing experience
• Minimum of two years’ experience on Sage application is preferred
• 5 Years’ experience with proven references in a Mining Environment
KEY DELIVERABLES
• Daily and Month end reporting
• Cost and Revenue Reconciliations
• Budgets and Forecasting
• Business Analysis and Scenario Planning
• Maintaining and improving Costing system
KNOWLEDGE
• Review reports carefully for anomalies and other inconsistencies
• Prepare monthly and Quarterly accounting reports for submission to Management
• Conduct inventory reserve analysis on quarterly basis and generate reports for senior management
• Assist Finance Manager with suggesting changes to policies or procedures to increase cash flow
• Classify Costs accurately
• Generate cost accounting models and analyse finding
• Establish standard costs and update them as appropriate
• Maintain and review cash costs and reconcile monthly
• Analyse supplies costs and create cost-benefit analysis for changing vendors
• Develop and maintain the cost accounting system, documents and records of the business.
• Analyse any changes in goods or services provided to determine what effect it has on the cost
• Evaluate all project cost that have been used, so the company can ensure project effectiveness and activities in accordance with the objective of the company business.
• Track, analyse and report inventory valuations to management, ensure valued inventories have accurate quantities and are properly valued in accordance with IFRS
• Review, investigate and correct errors and inconsistencies in financial entries, documents, and reports
• Acquire a detailed understanding of BBB business model, processes, procedures and Plant accounting internal controls.
PLANNING /FORECASTING /ANALYSIS
• Participates in the coordination and preparation of operating forecast vs budget, as required
• Approve purchase requests and align to budget spending
• Analyse weekly costs and prepare regular reports comparing budgeted costs to actual production costs.
• Work with operations on new and proposed product cost estimates
• Participates in preparation of the annual cost’s development, analyses and reports budgeted variances, and perform volume, component and core costing analysis
• Prepare monthly costs variance analysis to support accurate and timely reporting of monthly actuals to various internal customers.
• Evaluate all project cost that have been used, so the company can ensure project effectiveness and activities in accordance with the objective of the company business.
SKILLS
• High level of reporting skills
• The ability to listen carefully and use clear, concise oral and written skills to convey facts, present positions and interpret policies.
• Good Communications and interpersonal skills and ability on all levels
• High Literacy and numerical skills
• Excellent analytical skills with strong focus on accuracy and attention to detail
• Excellent communication skills and high confidence in stating professional opinions
• Extremely strong Excel skills, especially advanced costing modelling and analytical techniques
• Demonstrated ability streamline and automate complex processes.
No applications will be accepted after the closing date. Only shortlisted applicants will be contacted