Cost Accountant

Placements24; Benoni; Hybrid; ZAR 420,000 - 600,000; Full time

Benefits offered by this job

Hybrid work model

Professional growth

Medical benefits

Retirement benefits

Job summary

Placements24 is seeking a skilled Cost Accountant in Benoni. The role sits in a finance team with a hybrid office/remote setup, focusing on cost analysis, reporting, and cost-reduction opportunities to support pricing and efficiency improvements.

You will partner with production and operations to ensure accurate cost tracking, develop budgets, and drive robust variance analysis with actionable insights for management.

Qualifications

• Bachelor's degree in Accounting or Cost Accounting.
• CIMA/ACCA is advantageous.
• 4+ years of cost accounting experience, preferably in manufacturing.
• Strong cost accounting, inventory valuation, and variance analysis knowledge.
• Proficiency in cost accounting software and advanced Excel.

Responsibilities

• Develop and maintain cost accounting systems and structures.
• Prepare detailed cost reports including variance analyses and budgets.
• Assist in annual budgeting and forecasts for production costs.
• Collaborate with operations to gather cost data and identify improvements.
• Analyze standard vs actual costs and explain variances.
• Support inventory valuation and management processes.

Skills

Cost accounting

Variance analysis

Advanced Excel

Financial reporting

Analytical skills

Education

Bachelor's degree in Accounting or Cost Accounting

CIMA or ACCA certification (advantage)

Tools

Cost accounting software

ERP system

Job description

About the Role

Our client is looking for a skilled Cost Accountant to join their finance department in Benoni . This role is responsible for analyzing and reporting on the company's costs, supporting pricing decisions, and identifying opportunities for cost reduction and efficiency improvements. You will work closely with operational and production teams to ensure accurate cost tracking and analysis, providing valuable insights to management. This hybrid role offers a blend of office-based collaboration and remote flexibility.

Key Responsibilities

• Develop, maintain, and analyze cost accounting systems and structures.
• Prepare detailed cost reports, including variance analysis, budget comparisons, and profitability assessments.
• Assist in the development of the annual budget and periodic forecasts related to production costs.
• Collaborate with operations and supply chain teams to gather cost data and identify areas for improvement.
• Calculate and analyze standard costs, actual costs, and variances, providing explanations for deviations.
• Support inventory valuation and management processes.

Requirements

• Bachelor's degree in Accounting, Cost Accounting, or a related field.
• Professional certification such as CIMA or ACCA is advantageous.
• Minimum 4 years of experience in cost accounting, preferably in a manufacturing environment.
• Strong understanding of cost accounting principles, inventory valuation, and variance analysis.
• Proficiency in cost accounting software and advanced Excel skills.
• Excellent analytical skills and the ability to interpret complex financial data.

Benefits

• Competitive salary and performance incentives.
• Hybrid work model providing work-life balance.
• Opportunities for professional growth and specialization in cost management.
• Comprehensive medical and retirement benefits.
• A collaborative work environment focused on operational efficiency and cost control.