Cost Accountant

Description:

My client, a market leader in the manufacturing industry is seeking a Cost Accountant to join their amazing organization. This opportunity is based in the Eastern suburbs of Johannesburg. The successful candidate will be required to perform the full costing functions for the department and assist the Finance Manager on a general basis.

Cost Accountant role description:

• Financial Analysis: Conduct detailed analysis of financial data to identify cost-saving opportunities, inefficiencies, and areas for improvement within the company's operations.
• Costing: Utilise costing methods to accurately determine the cost of production of various products.
• Budgeting and Forecasting: Assist in the development of budgets and forecasts by providing insights into cost trends and variances, ensuring alignment with overall business objectives.
• Inventory Management: Oversee inventory valuation, reconciliation, and control processes to ensure accurate financial reporting.
• Variance Analysis: Analyse and interpret variances between actual and budgeted costs, investigating reasons for discrepancies and recommending corrective actions as necessary.
• Cost Control: Implement cost control measures to optimize operational efficiency, reduce production costs and maximize profitability.
• Process Improvement: Collaborate with cross-functional teams to identify opportunities for process improvements and cost reduction initiatives, driving continuous improvement efforts across the company.
• Financial Reporting: Prepare accurate and timely financial reports to support decision-making by management.
• Audit Support: Assist in internal and external audits by providing documentation, explanations, and analysis related to costs, ensuring compliance with audit requirements and regulatory standards

Skills and Qualifications:

• Bcom Accounting Degree
• Cima – Advantageous
• SAP is required
• 3 years of experience in a manufacturing organization

If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions .

Requirements:

• Financial Analysis: Conduct detailed analysis of financial data to identify cost-saving opportunities, inefficiencies, and areas for improvement within the company's operations.
• Costing: Utilise costing methods to accurately determine the cost of production of various products.
• Budgeting and Forecasting: Assist in the development of budgets and forecasts by providing insights into cost trends and variances, ensuring alignment with overall business objectives.
• Inventory Management: Oversee inventory valuation, reconciliation, and control processes to ensure accurate financial reporting.
• Variance Analysis: Analyse and interpret variances between actual and budgeted costs, investigating reasons for discrepancies and recommending corrective actions as necessary.
• Cost Control: Implement cost control measures to optimize operational efficiency, reduce production costs and maximize profitability.
• Process Improvement: Collaborate with cross-functional teams to identify opportunities for process improvements and cost reduction initiatives, driving continuous improvement efforts across the company.
• Financial Reporting: Prepare accurate and timely financial reports to support decision-making by management.
• Audit Support: Assist in internal and external audits by providing documentation, explanations, and analysis related to costs, ensuring compliance with audit requirements and regulatory standards

• Bcom Accounting Degree
• Cima – Advantageous
• SAP is required
• 3 years of experience in a manufacturing organization