October 15, 2024

Job Crystal

Cape Town

FULL TIME

Cost Analyst

A leading micro-payment processing service aggregator is looking for a Cost Analyst to join their team.
The Cost Analyst will be responsible for preparing daily/weekly/monthly reports, overseeing audit files, providing financial information to internal stakeholders to help them make informed business decisions, as well as tracking, analyzing, and controlling costs in order to maximize profitability As a Cost Analyst, you will possess an in-depth knowledge of accounting and cost-management, as well as analytical and modelling skills. The successful candidate will also be an excellent communicator, with superb presentation and problem-solving skills.
Key Responsibilities include, but are not limited to:
Daily/Weekly/Monthly Reporting

Daily sales stats reporting, per sales rep and agent (projected sales, active devices, zero
trading devices, average revenue per unit).
Daily/weekly/monthly direct sales and agents income statement reporting, including gross profit per airtime, electricity and other; actual month-to-date and projected for the month versus budget.
Assistance with monthly Dashboards which are distributed to management.
Assistance with reports for various stakeholders in the business (Excel and from Content Ready).

Inventory & Device Amortization

Ensure all inventory movements are correctly processed.
Write off hardware spare usage on a monthly basis.
Investigation into and write-off of stock variances on a monthly basis.
Assist with stock reconciliations between Pastel accounting system and Content Ready.
Maintain the amortization spreadsheet which calculates the monthly amortization amounts.
Reconcile the amortization list to the transactional database (content Ready).

Margin costing

Testing of margin changes on the transactional database (Content Ready).
Margin control/testing from suppliers and customers.
Monthly margin schedules.
Supplier contract control (working with Legal).

Costing, Budgets and Forecasting

Checking of monthly costs in the income statement against the budget and previous period.
Ad hoc costing exercises to highlight any cost savings.
Assistance with annual budget and quarterly forecasts.

Invoicing and commission calculations

Assistance with monthly annuity invoicing calculations.
Assistance with monthly rep and manager commission calculations.

Analytical and Modelling exercises

Creating models to predict various scenarios to assist management in decision-making.
Revenue, COS and gross profit analysis.

In order to be considered for this position, the following requirements must be met:

Postgraduate accounting/finance degree or equivalent qualification.
Experience in financial planning and analysis.
Advanced System expertise in Microsoft Office (Excel, Power Point).
2-4 years of experience in the same or similar field.
Solid accounting skills and experience.
Industry experience: ideally in Fintech.

Skills needed:

Data Modelling.
Forecasting and budgeting.
Data interpretation and presentation.
Advanced Excel skills for complex data analysis.
Commercial Modelling.
Experience with Power BI advantageous.
Data visualization tools.
Detail orientated.
Analytical mindset.
Ability to work independently on complex analyses.
Effective communication skills for presenting insights.
Collaborative and able to work in cross-functional teams.
Continuous Improvement.
Hands-on approach.
Exceptional written & verbal communication skills with the ability to present complex data and information clearly and concisely to a variety of audiences, including executives & technical/non-technical leaders.
Very proactive, thorough, detailed, decisive and flexible.
Proficient in strategic, long-term, analytical, and critical thinking.