Cost Accountant

FQM

At First Quantum, we free the talent of our people by taking a very different approach which is underpinned by a very different, very definite culture – the “First Quantum Way”.

Working with us is not like working anywhere else, which is why we recruit people who will take a bolder, smarter approach to spot opportunities, solve problems and deliver results.

Our culture is all about encouraging you to think independently and to challenge convention to deliver the best result. That’s how we continue to achieve extraordinary things in extraordinary locations.

Job description:

Overall Job Purpose

To account for the ongoing analysis of constraints, target costing projects, margin analysis, tracing costs back to underlying activities, construct and monitor cost-effective data accumulation systems needed to provide an appropriate level of costing information to management

Specific Job Responsibility

  • Construct data accumulation systems for a cost accounting system
  • Create and review the controls needed for data accumulation and reporting systems
  • Update standard costs in the bill of materials and review standard and actual costs for inaccuracies
  • Validate the cost of goods sold as part of the month-end close
  • Accumulate and apply overhead costs as required by generally accepted accounting principles
  • Report on periodic variances and their causes, focusing in particular, on spending variances
  • Work closely with superintendents and Heads of Department to ensure that they understand the budgets allocated to them for different projects

Job Specific Competencies

  • Analyse capital budgeting requests
  • Perform any other duties to support the business
  • To ensure that the actual budget is within the set limits
  • To formulate cost control measures

Key Job Attributes

  • Must be detail-oriented
  • Ability to work well under pressure and deliver results
  • Ability to work as part of a team
  • Must exhibit leadership qualities

Experience Required to Perform in This Job

The Cost  Accountant – will require knowledge, skills and experience in the following areas:

  • Accounting and Mathematics skills
  • At least 5 years of Accounting/Finance experience in a similar role and industry
  • Experience in manipulating large databases

Qualifications

  • Degree in Commerce or Accounting
  • must be at least part ACCA or CIMA qualified
  • Master’s degree in Cost Accounting is an added advantage

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