Cost Accountant

FROGG Recruitment; Johannesburg; On-site; ZAR 450,000 - 650,000; Full time

Job summary

Our client in Boksburg is seeking an experienced Cost Accountant with 5+ years in manufacturing. You will own product costing, inventory valuation, and cost analysis to improve profitability and manufacturing performance. Managerial level CIMA is an advantage.

Responsibilities include standard cost changes, BOM integrity, stock reconciliations, variance reporting, and cross-functional costing decisions with Production, Procurement, Engineering, and Finance.

Qualifications

• 5+ years cost accounting experience in manufacturing
• BCom Accounting, Cost & Management Accounting, or Finance preferred
• CIMA qualification an added advantage as long as Managerial Level is completed.
• Standard costing and BOM management
• Inventory valuation and cycle count procedures
• Variance analysis (actual vs. standard)
• ERP system expertise

Responsibilities

• Finalize proposed standard cost changes and inventory provisions (subject to Head of Finance approval)
• Coordinate and oversee inventory count processes
• Maintain BOM, routing and costing master data in ERP system (within approved limits)
• Identify and report risks/opportunities per Company ERMF policy
• Report non-compliance with Business Management System policies
• Be responsible for Standard Costing reporting to the Head of Finance
• Maintain and update costing structures for materials, components, labor and overheads
• Review Bills of Materials and routings to ensure ERP integrity
• Monthly Reporting - Produce variance analysis, margin reports and stock reconciliations
• Cost Analysis - Monitor material usage, labor recovery, overhead absorption and scrap variances
• Inventory Control – Manage cycle counts, annual stock counts, obsolescence reviews and WIP reporting
• Cross-Functional Collaboration - Work with Production, Procurement, Engineering and Finance on costing decisions
• Cost Improvement – Identify inefficiencies, waste and pricing anomalies; recommend corrective actions
• Audit Support -Prepare schedules, reconciliations and control evidence for internal/external audits
• Budget Support – Assist with annual budgeting and forecasting using cost drivers and assumptions
• Authority to finalize proposed standard cost changes, stock provisions, and inventory.
• Authority to coordinate inventory count possesses and instruct staff

Skills

Cost accounting

Inventory valuation

Variance analysis

Standard costing

BOM management

Cycle count procedures

ERP expertise

Education

BCom Accounting, Cost & Management Accounting, or Finance

Tools

ERP system

Job description

Our client a Boksburg Johannesburg is looking for an experience Cost Accountant with a 5 years experience within a manufacturing industry being or a Cost Accountant, Plant controller or a Factory Accountant. Completed CIMA is an advantage (Managerial Level MUST BE COMPLETED) You will take ownership of product costing, inventory valuation, manufacturing cost analysis and related financial controls. The Cost Accountant is accountable for accurate standard costing, BOM integrity, stock-related reconciliations, monthly variance reporting and decision-support analysis that improves profitability, pricing discipline and manufacturing performance.

Salary Negotiable

Min Qualifications & Experience

• Minimum 5 years cost accounting experience in manufacturing of products
• BCom Accounting, Cost & Management Accounting, or Finance (preferred)
• CIMA Qualification an added advantage as long as Managerial Level is completed.
• Standard costing and BOM management
• Inventory valuation and cycle count procedures
• Variance analysis (actual vs. standard)
• ERP system expertise

Responsibilities

Finalize proposed standard cost changes and inventory provisions (subject to Head of Finance approval)

• Coordinate and oversee inventory count processes
• Maintain BOM, routing and costing master data in ERP system (within approved limits)
• Identify and report risks/opportunities per Company ERMF policy
• Report non-compliance with Business Management System policies
• Be responsible for Standard Costing reporting to the Head of Finance
• Maintain and update costing structures for materials, components, labor and overheads
• Review Bills of Materials and routings to ensure ERP integrity
• Monthly Reporting - Produce variance analysis, margin reports and stock reconciliations
• Cost Analysis - Monitor material usage, labor recovery, overhead absorption and scrap variances
• Inventory Control – Manage cycle counts, annual stock counts, obsolescence reviews and WIP reporting
• Cross-Functional Collaboration - Work with Production, Procurement, Engineering and Finance on costing decisions
• Cost Improvement – Identify inefficiencies, waste and pricing anomalies; recommend corrective actions
• Audit Support -Prepare schedules, reconciliations and control evidence for internal/external audits
• Budget Support – Assist with annual budgeting and forecasting using cost drivers and assumptions
• Authority to finalize proposed standard cost changes, stock provisions, and inventory.
• Authority to coordinate inventory count possesses and instruct staff