Labour Cost Controller (Cost Accountant)

Labour Cost Controller (Cost Accountant)

People Dimension

Labour Cost Controller (Cost Accountant)

Details of the offer

Introduction A security company located in Centurion is seeking a Labour Cost Controller (Cost Accountant) with 2-5 years experience within a Cost Accountant role to join their pro-active and dynamic team.
Summary of position duties and requirements:
The key purpose of the role is work force capacity management which entails the dynamic and strategic management of future labour capacity requirements. The role will be required to:
Interact with Operations, Sales and Human Resources departments to plan for future capacity requirements;
Streamline business processes between various departments to facilitate the production of coherent management information relating to direct labour;
Review and analyse direct costs, with specific focus on direct labour cost by applying analysis and critical thinking to identify cost savings opportunities;
Provide cost information to assist management with the calculation of costs for tenders and quotes.
Key Performance Areas:
Head Count ManagementStrategic planning of headcount requirement: interact with Operations, Sales and Human Resources departments to identify future capacity requirementsAnalysing actual headcount in relation to required headcount and deriving action plans for headcount managementSpecifically where surplus of shortages in manpower has been identified, communicate to Human Resources to enable them to start retrenchment or recruitment processes when necessary
Process ImprovementImplementation of process improvements for leave and reserve management and disciplinary actionsInteracting with Human Resources to enable them to take the necessary action relating to leave and disciplinary actionsStreamlining of business processes between Sales Operations and Human Resources specifically relating to job grades and job titles
Labour Cost ManagementCalculating the optimal wage cost for the businessPerforming a monthly wage cost analysis to identify reasons for variances between optimal and actual costDistributing wage cost analysis to Operations, Sales, Finance and Human ResourcesDeriving action plans for wage cost managementCommunicating plans to various stakeholders and tracking the implementation of these plans and actionsUpdating ‘live’ wage models to always be able to compare optimal wages with budget & actualScheduling of leave for direct labour force in accordance with available leave balances
Quatations and costingMaintaining and providing cost information to the Sales and Commercial departments for use in bids and quotes
Price IncreasesProviding cost information to the sales teams for PI calculationsAssisting with calculation of optimal price increases (PIs)
Commercial Customer FilesCreate, update and manage physical customer files with contracts, contract schedules, important correspondence, costings, quotations, etc.Maintenance and distribution of the contract register for all service lines
Uploading of financial data at month endUploading financial packs relating to direct labour information only
Triangle balancingResponsible for the production of the monthly reconciliation of accounts receivable, operations (EasyRoster) and payroll (triangle balancing) to meet GFC standards
Assist with budget and forecast processCompare actual results to budget / forecast for direct labour costs and identify reasons for variancesProvide budget input for direct labour costs
OthersAssistance with bid costing & mobilization cost trackingAssistance with business plans and models
Minimum requirements:
Minimum B. Com degree in Finance / Cost Accounting/ Statistics or Financial modelling
2 to 5 years financial management and/or cost accounting experience would be deemed suitable for the level of the position
Sills and Abilities
MS Office Computer skills (Excel Advanced)
Analytical skills
Working with complexity and large volumes of data
Planning and Coordination
Managing conflict
Delivering efficiency
Delivering performance
Managing professionally
Time management
Knowledge of Financial principles and practices
Knowledge of financial controls and audit standards
Deep understanding of accounting and ERP systems
Knowledge of how to perform reconciliations
Knowledge and/or understanding of different costing principles
Working knowledge around direct labour management preferred

Source: Jobs4It


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