Eaton Careers

Cost Accountant- (Industrial Sector Finance)

Wadeville, South Africa
Finance/Accounting

Apply
English

Job Description

PRIMARY FUNCTION:
 
The primary function of this role is to support the South Africa Industrial Controller in ensuring all costing and pricing of the products is correct and updated timeously.
 
The Cost Accountant is responsible for providing day-to-day support to the South Africa Industrial Controller in a number of key areas, including:
 
* To provide sound guidance and advice to the Sales team in the decision making process around pricing.
* To develop and maintain pricing models as a solid foundation for providing advice and recommendations to the sales team.
* Develop solutions and recommendations for new business pricing requirements. Responsible for the initial analysis of the situation and the creation of a proposal of various solutions / options. The final implementation of the business decision generally will fall to the accountable Sales person.
* Responsible for the pricing waterfall model from SKU list price and customer price points to operational profit - calculating real profitability of customer pricing for tenders, deals, channels, customer groups and so on.
* To update and maintain relevant indices database, in order to keep track of indices movements. Based on these movements, provide input to the Sales team for those customers with pricing based on indices.
* Providing cost modelling for input in pricing decision making.
* Highlight the low and negative margins when creating new pricing and adjusting existing customer pricing.
* Leverage and share best practices for price modelling, analysis and recommendations. Responsible for analysing current processes and documentation, presenting recommendations and options to the team and collaborating with the team to prioritize implementation.
* Provide pricing related project support and expertise to any business initiatives impacting the pricing for assigned areas of the business.
 
 
 
ESSENTIAL FUNCTIONS
To provide sound guidance and advice to the Sales team in the decision making process around pricing.
* To develop and maintain pricing models as a solid foundation for providing advice and recommendations to the sales team.
* Develop solutions and recommendations for new business pricing requirements. Responsible for the initial analysis of the situation and the creation of a proposal of various solutions / options. The final implementation of the business decision generally will fall to the accountable Sales person.
* Responsible for the pricing waterfall model from SKU list price and customer price points to operational profit - calculating real profitability of customer pricing for tenders, deals, channels, customer groups and so on.
* To update and maintain relevant indices database, in order to keep track of indices movements. Based on these movements, provide input to the Sales team for those customers with pricing based on indices.
* Providing cost modelling for input in pricing decision making.
* Highlight the low and negative margins when creating new pricing and adjusting existing customer pricing.
* Leverage and share best practices for price modelling, analysis and recommendations. Responsible for analysing current processes and documentation, presenting recommendations and options to the team and collaborating with the team to prioritize implementation.
* Provide pricing related project support and expertise to any business initiatives impacting the pricing for assigned areas of the business.
 

Qualifications

DIMENSIONS:
  • Minimize the number of negative margin items within our product range
  • Monitor the DOH
 
 
SPECIALIZED KNOWLEDGE:
  • The candidate must have the desire and ability to achieve professional qualifications
  • Business acumen
  • BCom or equivalent degree
  • A minimum of 2 years’ experience in cost accounting gained in a manufacturing environment.
  • Systems knowledge MFGPro/ JD Edwards, Oracle (Preferred but not essential)
  • Microsoft Office Skills (Excel knowledge essential)
  • Self-motivated with a high degree of influencing skills
  • Effective multi-functional team working 
  • Process orientated with a good attention to detail
  • Logical in approach and application
  • Effective communication and manager of people skills essential
  • Demonstrable continued personal development both technical and behavioral
  • Ability to operate and deliver independently without day to day supervision
     
     
    ADDITIONAL INFORMATION:
     
  • Must be able to work as an effective business partner to Operations

We make what matters work. Everywhere you look—from the technology and machinery that surrounds us, to the critical services and infrastructure that we depend on every day—you’ll find one thing in common. It all relies on power. That’s why Eaton is dedicated to improving people’s lives and the environment with power management technologies that are more reliable, efficient, safe and sustainable. Because this is what matters. We are confident we can deliver on this promise because of the attributes that our employees embody. We’re ethical, passionate, accountable, efficient, transparent and we’re committed to learning. These values enable us to tackle some of the toughest challenges on the planet, never losing sight of what matters.

Job: Finance/Accounting

Region: Europe, Middle East, Africa
Organization: HYD Hydraulics Group

Job Level: Individual Contributor
Schedule: Full-time
Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No
Does this position offer relocation?: No
Travel: No

Requisition ID: 047442