Cost Accountant

Wesbank; Gauteng; On-site; ZAR 300 000 - 500 000; Full time

Job summary

A leading financial institution in Gauteng is seeking a Cost Accountant to analyze costs, support budgeting, and ensure compliance. Ideal candidates should possess a degree in Accounting or Finance and 3-5 years of relevant experience in the banking sector. Proficiency in Microsoft Excel and accounting tools is necessary. This position is full-time with responsibilities including preparing forecasts and conducting profitability analyses.

Qualifications

• Minimum of 3–5 years of experience in cost accounting, preferably in the banking or financial services sector.
• Proficiency in accounting software.

Responsibilities

• Model and provide insights on detailed cost and profitability information.
• Analyse and track cost expenditures across various departments.
• Prepare cost forecasts, budgets, and variance reports.
• Conduct profitability analysis of products and services.
• Collaborate with internal teams to maintain cost accounting systems.

Skills

Strong analytical skills

Problem-solving skills

Communication skills

Interpersonal skills

Education

Degree in Accounting, Finance, or a related field

CIMA Advantage

Tools

JIRA

First Map

CDM

Microsoft Excel

Job description

Job Details

Cost Accountant – Full time – Randburg. Posted Today. Applications will not be accepted after 01/11/25. End Date: November 1. Job Requisition ID: R.

Responsibilities

• Model, interrogate and provide insights on detailed cost and profitability information to support current operational management decisions and future planning.
• Analyse and track cost expenditures across various departments and banking services.
• Prepare cost forecasts, budgets, and variance reports to support decision-making.
• Conduct profitability analysis of products and services.
• Collaborate with internal teams to develop and maintain cost accounting systems.
• Identify cost reduction opportunities and recommend operational improvements.
• Ensure compliance with internal controls and financial regulations.
• Support audits by preparing accurate financial documentation and reports.

Requirements

• Degree in Accounting, Finance, or a related field.
• CIMA Advantage is an advantage.
• Minimum of 3–5 years of experience in cost accounting, preferably in the banking or financial services sector.
• Experience with JIRA, First Map, CDM, and related tools.
• Strong analytical and problem‑solving skills.
• Proficiency in accounting software and Microsoft Excel.
• Excellent communication and interpersonal skills.

EEO Statement

All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. Candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless required by law to disclose it to other parties.