Cost Accountant

Placements24; Mbombela (Nelspruit); Hybrid; ZAR 550,000 - 750,000; Full time

Benefits offered by this job

Competitive salary and bonuses

Flexible work arrangements

Medical aid and retirement fund

Professional growth opportunities

Collaborative environment in Nelspruit

Job summary

Placements24 is seeking a detail-oriented Cost Accountant to join the manufacturing finance team in Nelspruit. You will track, analyze, and report costs of production, develop cost models, and provide insights to improve profitability and efficiency.

The role requires a Bachelor's in Accounting/Finance, 3+ years cost accounting in manufacturing, and strong Excel/data-analysis skills. CIMA or equivalent is a plus, with opportunities for professional growth and competitive benefits.

Qualifications

• Bachelor's degree in Accounting or Finance.
• 3+ years cost accounting experience in manufacturing.
• CIMA or equivalent is highly regarded.
• Strong costing knowledge and data analysis skills.

Responsibilities

• Develop, maintain, and analyze cost accounting systems and standards.
• Calculate product costs, variances, and budget deviations.
• Assist in annual budgeting and periodic manufacturing forecasts.
• Provide reports on costs, profitability, and cost reduction opportunities.
• Collaborate with production and engineering to understand costs.
• Support inventory valuation and reconciliation.

Skills

Cost accounting

Excel advanced

Data analysis

Budgeting

Financial reporting

Costing systems

Education

Bachelor's degree in Accounting or Finance

CIMA or equivalent

Job description

About the Role

Our client is looking for a detail-oriented Cost Accountant to join their manufacturing finance team in Nelspruit . This role is critical for accurately tracking, analyzing, and reporting on the costs associated with production and operations. You will be instrumental in developing cost models, analyzing variances, and providing insights that help optimize operational efficiency and profitability. The ideal candidate possesses a strong understanding of manufacturing processes, costing methodologies, and has the ability to identify cost-saving opportunities, contributing directly to the company's bottom line.

Key Responsibilities

• Develop, maintain, and analyze cost accounting systems and standards.
• Calculate and analyze product costs, variances, and deviations from budget.
• Assist in the annual budget preparation and periodic forecasting for manufacturing operations.
• Provide management with reports on costs, profitability, and potential areas for cost reduction.
• Collaborate with production and engineering teams to understand manufacturing processes and costs.
• Support inventory valuation and reconciliation processes.

Requirements

• Bachelor's degree in Accounting or Finance.
• Professional qualification such as CIMA or equivalent is highly regarded.
• Minimum of 3 years of experience in cost accounting , preferable within a manufacturing environment.
• Strong knowledge of costing principles, methods, and systems.
• Proficiency in accounting software and advanced Excel skills, including data analysis.
• Ability to analyze complex data and present findings clearly and concisely.

Benefits

• Competitive salary and performance bonuses.
• Flexible work arrangements, potentially including remote access for certain tasks.
• Comprehensive medical aid and retirement fund.
• Professional growth opportunities in a manufacturing context.
• A collaborative environment focused on operational efficiency in Nelspruit .