Assistant Manager Finance Component Costing

KEY PERFORMANCE AREAS:

• 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.

QUALIFICATIONS AND EXPERIENCE:

• 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.

COMPETENCIES:

• 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

THIS APPOINTMENT WILL BE MADE IN LINE WITH THE COMPANY’S EMPLOYMENT EQUITY

POLICY

Closing Date: 9 July 2026