Cost Accountant

Hire Resolve; Johannesburg; On-site; ZAR 750,000 - 800,000; Full time

Job summary

A leading company in the FMCG industry is seeking a skilled Cost Accountant in Johannesburg. The role involves monitoring and controlling cost structures to maximize profitability, conducting detailed product cost analysis, and collaborating with cross-functional teams. Ideal candidates should possess a strong accounting background and relevant experience in FMCG.

Benefits

Family Leave

Qualifications

• Minimum of 4 years of relevant work experience in cost accounting, preferably in the FMCG industry.
• Proficient in Excel including pivot tables and vlookups.
• Ability to work independently and collaboratively.

Responsibilities

• Conduct regular analysis of product costs and develop cost accounting systems.
• Monitor ongoing expenses and provide recommendations for cost-saving opportunities.
• Prepare monthly costing reports to identify trends and opportunities for improvement.

Skills

Cost accounting principles

Analytical skills

Communication skills

Microsoft Excel

Problem-solving skills

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Cost accounting software

ERP systems

Job description

Job Title: Cost Accountant (FMCG Industry)

Location: Johannesburg, South Africa

Job Summary:

Hire Resolve's client is seeking a highly skilled and knowledgeable Cost Accountant to join their dynamic finance team in the FMCG (Fast-moving consumer goods) industry in Johannesburg. The Cost Accountant will be responsible for analyzing, monitoring, and controlling the company's cost structure, ensuring efficient use of resources while maximizing profitability. The ideal candidate should have a strong understanding of cost accounting principles and experience working in the FMCG industry.

Responsibilities:

• Conduct regular analysis of product costs, including raw materials, labor, and overhead expenses, to ensure accurate costing information.
• Develop and maintain cost accounting systems, processes, and procedures for better cost control and accurate financial reporting.
• Monitor ongoing expenses, including purchase price variances, overruns, production variances, and cost allocations, and provide recommendations for cost-saving opportunities.
• Perform monthly, quarterly, and annual financial close procedures related to cost accounting, including reconciliations, accruals, and adjustments.
• Collaborate with cross-functional teams, including production, purchasing, and logistics, to gather costing data, improve accuracy, and implement cost control measures.
• Prepare and analyze monthly, quarterly, and annual costing reports to identify trends, anomalies, and opportunities for improvement.
• Assist in the preparation of budgets, forecasts, and financial plans related to cost accounting.
• Participate in the development and implementation of cost accounting policies, procedures, and internal controls.
• Support internal and external audit activities by providing relevant cost accounting documentation and explanations as required.
• Stay updated with the latest trends and best practices in cost accounting and the FMCG industry to enhance performance and efficiency.

Requirements:

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 4 years of relevant work experience in cost accounting, preferably in the FMCG industry.
• Strong knowledge of cost accounting principles and methodologies.
• Proficient in using cost accounting software and ERP systems
• Advanced skills in Microsoft Excel, including pivot tables, vlookups, and data analysis functions.
• Excellent analytical and problem-solving abilities, with a keen attention to detail.
• Strong written and verbal communication skills, with the ability to effectively present complex financial information to non-financial stakeholders.
• Ability to work independently and collaboratively within a team.
• Proven ability to prioritize and meet deadlines in a fast-paced environment.
• Adaptability to changing business requirements and the willingness to continuously learn and improve.

Benefits:

• Salary: R800K/yr - R750K/yr, negotiable
• Family Leave

Contact Hire Resolve for your next career-changing move.

• Salary: negotiable.
• Our client is offering a highly competitive salary for this role based on experience.
• Apply for this role today on LinkedIn, or contact Lindy Du Plessis at Hire Resolve
• You can also visit the Hire Resolve website: hireresolve.us or email us your CV: [e-mail]