Costing and Invoicing Manager (35004)

Job title: Costing and Invoicing Manager
Job type: Full-time
Emp type:
Salary type: ZAR/month
Location: Umhlanga Ridge
Job published: 02 July 2024
Job ID: 35004

Job Description

Our client, a prominent company in the manufacturing sector is seeking a Costing and Invoicing Manager, based in the Umhlanga area

The primary objective of this role is to enhance operational efficiency and optimize financial results. This involves detailed oversight of costing analysis, validation processes, and the efficient coordination of invoicing activities to ensure financial integrity and client satisfaction. Additionally, the role requires proactive management of credit note investigations, adherence to tax regulations, and the cultivation of strong debtor relationships. By conducting insightful analysis of production performance, estimating standards, and customer profitability, this role supports strategic decision-making and fosters sustainable growth

This role report to the Commercial Manager

Duties and Responsibilities:

  • Lead a team of 8 Costing & Invoicing Clerks and 3 Commercial Analysts
  • Evaluate and develop team skills, providing guidance and mentorship
  • Oversee costing processes, ensuring accuracy and resolving discrepancies
  • Ensure timely and accurate invoicing and compliance with revenue recognition policies
  • Investigate and validate credit note requests, enforcing policy compliance
  • Manage and improve WIP accounts and no-charge work tickets
  • Continuously improve costing and invoicing processes
  • Ensure compliance with tax regulations and accounting standards (IFRS)
  • Liaise with debtors to confirm payments and address discrepancies
  • Monitor production performance and collaborate on efficiency improvements
  • Review and update estimating standards and analyse raw material prices
  • Evaluate customer profitability and provide pricing strategy recommendations
  • Support financial audits and participate in budget and forecast preparation
  • Report on profitability, de-costing trends, and monthly sales

Minimum Requirements:

Education and Experience:

  • CA (SA) or CIMA qualification
  • 5 - 8 years of Costing and Invoicing experience with 2-3 years being in a leadership position
  • Working knowledge of accounting principles and International Financial reporting standards (IFRS).
  • Working knowledge of Tax principles
  • Working Knowledge of Exports
  • Microsoft NAV experience
  • Previous experience in manufacturing industry.
  • Strong analytical skills with proficiency in data analysis and financial modelling.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
  • Detail-oriented and highly organized, with the ability to manage multiple priorities and meet deadlines.
  • Problem-solving mindset with a focus on continuous improvement and optimization.
  • Effective report writing

Computer Ability:

  • Proficient in Microsoft Excel and other data analysis tools
  • Proficient in Microsoft word and PowerPoint
  • SQL Data base knowledge would be an advantage
  • Familiarity with ERP systems and production management software

Salary:

  • Market related

image