Purpose of Job

• To create and compile complete cost business plans, with the accompanying reports for business planning and budget purposes.

Key Accountabilities

• Bi-annually build a cost model to support the budgeting process and obtain sign off from Master Business Planner
• Update the cost model with staff establishment, operating norms, equipment allocation, norms and start ages.
• Cost the colliery budget based on the budget guideline, colliery tonnage, staff establishment cost, operating and maintenance cost, utilities cost and depreciation from RCP.
• Obtain sign-off for cost budget from cost center owners and Financial Manager
• Document key information used in the costing process
• Ensure that the model is updated, and that all learning points are incorporated continuously
• Ensure budget change management is applied documented and communicated
• Apply year on year escalation received from Finance
• Adhere to agreed business deadlines
• Upload approved cost model into SAP
• MBI – Cost Upload against GL accounts
• MB2 – Cost upload against Internal Orders, Cost centers, sub assembly, functional location
• Support Procurement, HR, IMA, financial planning
• Create annual budgeting cost reports per colliery

Formal Education

• National Diploma or NQF level 5 equivalent

Working Experience

• 3 years costing / engineering maintenance experience
• 1 year Sap experience (wish)