Cost Accountant

Bonafide Human Capital; Johannesburg; On-site; ZAR 450,000 - 600,000; Full time

Job summary

A leading recruitment firm is seeking a Cost Accountant in Johannesburg. The ideal candidate will have a strong accounting background, experience in a manufacturing environment, and the ability to compile financial reports. This role involves managing a small team, preparing monthly reports, and maintaining financial records. Strong analytical skills and proficiency in Excel are essential. This position offers an opportunity to contribute to the financial health of the organization.

Qualifications

• Grade 12 or equivalent qualification required.
• ±5 years experience in a manufacturing environment needed.
• Experience managing a team of 2-3 people preferred.

Responsibilities

• Manage a group of approximately ±2-3 people.
• Prepare monthly management reports for executives.
• Maintain financial records and prepare reports.

Skills

Accounting background

Knowledge of Accounting Practices

Knowledge of IFRS

Analytical ability

Advanced computer skills

Supervisory Skills

Ability to work under pressure

Good communication skills

Excel

Education

Grade 12 or equivalent academic qualification

Diploma, B. Com Degree

Tools

Microsoft Excel

Microsoft Word

Microsoft Outlook

Job description

Cost Accountant position available in Johannesburg.

Job Requirements:

The ideal applicant will possess the following:

• Grade 12 or equivalent academic qualification, Diploma, B. Com Degree, or an equivalent qualification. Pre-requisite is articles served.
• The candidate should have experience of managing people (±2-3 years), good understating of finance, costing, production and projects management skills.
• Previous working experience +- 5 years’ in a manufacturing environment preferably in the remanufacturing of automotive components i.e., engines, gearboxes, axles, starters, alternators, brake components, fuel pumps, injectors, retreading of tyres and upholstery work.
• The candidate must be able to compile financials, budgets, bills of materials (BOM) for automotive products in conjunction with production and stores.
• This is a financial and cost accounting responsibility at a factory level with executive reporting expertise.
• The candidate must possess solid presentation skills, as the role involves presenting budgets and financial reports to executives and directors

Job Outputs:

• Manage a group of approximately ±2-3 people.
• Maintain accurate financial records and prepare accurate financial reports for information sharing, auditing, operational and auditors use.
• Prepare monthly management reports with statistics for executive presentation.
• Participate, prepare and make inputs for company forecast & budget preparations.
• Prepare financial statements to the extent of modelling scenarios for new products
• Costing in a manufacturing environment to the extent of preparing costing models.
• Assist with establishment and maintenance of BOMs and production processes.
• Be able to determine the unit price of a product using either job costing or process costing in the job and remanufacturing environment respectively.
• Prepare and reconcile cashbook and petty cash monthly.
• Maintain an asset register.
• Monitor all WIP jobs.
• Reconcile accounts, records, and reports and perform journal entries.
• Prepare financial and/or auditor statements, schedules and reports
• Interpret and apply acts, codes and regulations (e.g. COID, Tax, and Vat & MIBCO).
• Review and verify accuracy of data with accurate variance analysis reporting.
• Maintain accounting records for production, special accounts and special projects.
• Make sound, independent judgments within established policies and procedures
• Organize own work, setting priorities and meet critical deadlines
• Effective communication with co-workers, managers and subordinates sufficient to convey information and to receive work direction.
• Work closely with both executive, management, stores and production.
• Assist the senior management in developing and improving profitability at factory level.
• Participate in the implementation of the Embrace system (costing & financial), ISO 9001:2015 QMS requirements and Time and Attendance system.
• Attend to audit queries and reports.
• Perform and co-ordinate interim and annual stock count.
• Based on production requirements management will move employees to required areas or sections of the business.
• Perform other Admin related tasks as per operational requirements.

Knowledge Skills Attitude:

• Accounting background
• Knowledge of Accounting Practices
• Knowledge of IFRS
• Accounting practices and principles
• Auditing practices and principles
• Ability to Analyse data
• Company policies and procedures
• Knowledge of the automotive industry
• Knowledge on the automotive remanufacturing processes. • Advanced computer skills
• Analytical ability
• Supervisory Skills
• Ability to work under pressure
• Good communication skills
• Good planning and organising skills
• Time management
• Fault finding skills
• Excel
• Word
• Outlook
• Embrace • Have good work ethics
• Ability to work under pressure
• Ability to work in a team
• Ability to handle multi tasks
• Good work ethics
• Results orientation
• Willingness to work after hours when necessary
• Quality orientation
• Maintain confidentiality
• Safety awareness orientation
• Attention to detail
• Self-management
• Team work orientation
• Honesty