Senior Cost Accountant

Job Classification

Job Family

Finance

Career Stream

Cost Accounting

Leadership Pipeline

Manage Self: Professional

Job Purpose

To construct and monitor cost-effective data accumulation processes needed to provide an appropriate level of costing information to line management for decision making. Provide relevant stakeholders with analytics and insights on Nedbank's strategic costing objectives, policies and procedures.

Job Responsibilities

• The role will be responsible for analytics and reporting
• The role will be responsible for Costing and Transfer Pricing of 2 models in Technology
• AJTP splits to be reviewed and signed off with stakeholders at budget cycles
• Update and maintain costing models in PAPM (SAP Profitability and Performance Management) for budgets and monthly actuals
• Update detailed volumes on PAPM for budgets and monthly actuals
• Handle queries from Internal and External Stakeholders (Clusters)
• Build and maintain reports on A40 for Internal and External Stakeholders
• Send monthly reports to Internal Stakeholders
• Meetings with the Finance team to understand movements in the numbers
• Monthly meetings with the Finance team to explain variances in the actual’s vs budget transfer pricing
• Detailed analysis to be done monthly on AJTP costs and volumes
• Ensure accuracy of financial records by balancing back the numbers to costs allocated to underlying activities
• Provide cost reports and analysis to management to assist with operational requirements as required.  
• Establish and maintain sound business relationships with all stakeholders through continuous engagements
• Meet stakeholder expectations and needs through but not limited to, provision of reliable, accurate and insightful costing information
• Address stakeholder requests by timeous response and resolution of queries.
• Ensure compliance with appropriate costing policies and procedures by continuous engagement with the relevant stakeholders.
• Stay abreast in the field and deliver on the expectations from stakeholders by building capability of self through training and development.
• Embrace the Nedbank Vision and Values by leading by example.  
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.).
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate.  

Essential Qualifications - NQF Level

Preferred Qualification

• Degree and preferably BCom and Costing

Minimum Experience Level

• 12+ years - Technology banking experience
• Excel
• Power Bi
• PAPM (Costing software)
• SAP

Technical / Professional Knowledge

Behavioural Competencies