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Assistant Manager Finance Component Costing
Job in
Durban, 3611, South Africa
Listed on 2026-10-14
Listing for:
Toyota SA
Full Time
position Listed on 2026-10-14
Job specializations:
-
Finance & Banking
Financial Analyst, Financial Reporting
Job Description & How to Apply Below
- 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.
- 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.
- 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
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