Assistant Manager Finance Component Costing

Toyota South Africa MotorsDurban, KwaZulu-NatalOn-siteFull-timeSenior, 5–8 yearsListed 1 day ago

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About this role

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: 15 October 2026