Expert to Advise on Costing of Inventory and a Suitable Erp System 6 months
Expert to Advise on Costing of Inventory and a Suitable Erp System 6 months
Posted on :
03-12-2024
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1 Vacancy
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Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
03-12-2024
Job Description
Are you a seasoned expert in inventory costing and ERP systems Our client is looking for a dynamic professional to guide them in optimising their inventory management and selecting the perfect ERP solution
The expert that is requested is expected to possess the following attributes:
Advise on process and system (Key deliverables)
With regard to the process mapping of the costing element the expectation is as follows
- Implementation of Accurate costing of the organisations inventory and cost of sales;
- Ensuring that the process produces reliable and accurate information that supports a robust
- reporting framework (driven by quality of data)
- Review of the costing process of production and gap assessment and identification;
Suggested solution to enable costing system that is fit for purpose for business;
The solutions need to be threefold:
1. Needs to accurately portray the current production environment;
2. Needs to be predictive of future needs including projection models of future growth that can be utilised by management to either upscale or downscale the production process;
3. Process needs to be linked to the full organizational reporting
needs/processes (automated process must be fully integrated).
- The expectation is that the above must be graphically represented in an organizational value
chain.
Key attributes of process:
- Governance and legislative requirements
- Standards (IFRS)
- ISO requirements
- Illustrations of benefit analysis in terms of efficiency effectiveness and economy
- Deliberate gates and gatekeepers to be reflected upon to ensure that processes can only
- continue when key milestones are achieved (control environment)
Key attributes of system:
- Utilising the process mapping visualisation set criteria and dimensions for an appropriate fit for purpose ERP system;
- The system needs to be efficient effective and economical to meet current needs and future growth;
The system needs to accommodate costing at a microlevel to ensure that all associated costs that are deemed by management as production costs must be included in the costing of the products eg. Fixed costs such as water& electricity vehicle maintenance; - The above bullet is critical for management decisionmaking on the sustainability and profitability positioning of the oragnisations as a future fit SOE
1. Provides relevant service in terms of mandate and
2. Is selfsufficient;
- The system needs to be predictive using data analytics especially in projections of increases and decreases in line products eg. The system must be able to predict costing of products in the event of increases or decreases in the production of a specific product that will support business decisionmaking resulting in optimal production levels that support profitmaximization;
- The system must contain key security safeguards and recording of activities (controls and audit trail);
- System must be able to integrate with other systems and processes of the organisation;
- The envisaged system specifications must reflect on the availability of support and training into the foreseeable future to ensure that the system is sustainable and usable;
- The vision is for the organisation to have one integrated system that is fit for purpose that serves the needs of all depths in an integrated manner.
Requirements
- Costing qualification like CIMA ACCA CA coupled with IT (ERP systems)
- Extensive experience (10 years ) in costing and setting up ERP systems in a manufacturing environment
Costing qualification like CIMA, ACCA, CA coupled with IT (ERP systems) Extensive experience (10 years +) in costing and setting up ERP systems in a manufacturing environment
Employment Type
Full Time
Key Skills
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