Costing Specialist needed at Nestle

Position Summary

• To provide support and expertise in the area of cost/costing analysis.  Undertake complex and critical research, interpret the results of analysis and provide alternatives / recommendations for further consideration. To ensure accurate, timely efficient and compliant financial reporting at NiM and Regional level (where relevant).
• Furthermore, the position covers activities under Period end Close for Group reporting, local statutory reporting and internal management reporting, in accordance with Nestlé Accounting Standards, Nestlé Costing Standards and local accounting standards.                        

A day in the life of a Costing Specialist:

• Cash Flow & Continuous Improvement                                                                                                     
• Participate in Market driven Projects when Product Costing contribution is required. Coordinate OPEX Savings.

Analysis

• Act as a central contact point and liaison for all questions / issues in terms of Variance Analysis within the Factory’s Cost of Production.
• Ensure timely communication of targeted information to the relevant parties following period-end close

Reporting and Analytics

• Coordinate and execute COGS forecasting within the Monthly Business Planning (MBP) process. 
• Ensure transparency of Costs of Goods Sold within the Dynamic Forecast with adequate reporting. 
• Ensure timely communication of quarterly COGS rates to the Business Unit Controllers. 

Business Planning

• Participate in business planning; participate in coordinating the SCB process with the factories. 
• Be a contact point for questions / issues relating to material prices and master data (e.g. proc type, special proc type, purchase info record by subcontracting, price unit and costing lot sizes, all data from CV3 and CV4).

Internal Controls  

• Ensure the proper application of new or updated Guidelines and its integration within the concerned Costing Processes. 
• Development or update of costing functionalities, tools and solutions are properly tested and understood for all issues related to inventory valuation, subcontracting and co-manufacturing. Act as SPOC for these subjects.    

Knowledge Transfer

• Promote clear understanding of costing processes both within the costing community and the Head office Finance community.               

Compliance

• Ensure Nestle financial policies, Accounting Standards and Costing Standards are followed within the Costing Community.                                                                                                                                 

What will make you successful?

• Bachelor’s Degree or Honours Degree in Accounting or appropriate financial qualification. 
• Qualified Chartered Accountant (CA (SA) or CIMA or ACCA) will be an added advantage.
• Prior experience in Costing, ideally within a factory environment.
• Fast moving consumer goods (FMCG) industry or manufacturing experience.
• Experience within a network organization (internal and external providers).
• Can effectively multitask with tight deadlines.
• Effective communication & stakeholder engagement.
• Strong analytical and critical thinking/problem solving abilities.