Cost Accountant

Famous Brands; Midrand; On-site; ZAR 391,000 - 580,000; Full time

Job summary

Famous Brands in Gauteng seeks a Costing Specialist to manage BOM integrity, analyze profitability at item level, and drive cost/price optimization.

You will perform variance analysis, prepare daily and weekly cost reports, support ERP-driven costing, and collaborate with procurement on pricing strategies to improve margins.

Qualifications

• Costing qualification, appropriate tertiary qualification aligned to the job requirements.
• Minimum of 3 years commercial accounting experience.
• Must be computer literate - MS Excel, Word, PowerPoint, ERP.
• Report writing (BI) - beneficial.

Responsibilities

• Provide revenue and cost of sales insights by managing BOM variances and analysing profitability at item level.
• Conduct variance analysis by identifying and investigating differences between standard and actual costs.
• Budgeting and forecasting for cost and selling price; modelling and analysis.
• Perform profitability analyses across all products to identify opportunities or corrective actions.
• Collaborate with Procurement on supplier pricing to support profitability.
• Support assemblies costing for business units and prepare daily sales reports.
• Produce weekly/monthly cost analyses to support decision-making.
• Identify cost-reduction, automation and continuous improvement opportunities.
• Track KPIs such as OEE, scrap, waste, unit cost, and margin trends.
• Drive costing accuracy, financial processes, ERP utilisation and plant reporting.

Skills

Costing

Profitability analysis

Variance analysis

Commercial acumen

Education

Tertiary qualification in costing/accounting

Tools

MS Excel

MS Word

PowerPoint

ERP

Job description

Introduction

Provide the business with accurate Revenue and Cost of Sales insights by managing Bill of Materials (BOM) variances and analyzing profitability at item level.

Duties & Responsibilities

Financial Management

• Provide the business with accurate Revenue and Cost of Sales insights by managing Bill of Materials (BOM) variances and analyzing profitability at item level.
• Conduct variance analysis by identifying and investigating differences between standard and actual costs.
• Cost and Selling price management budgeting and forecasting, including modelling and analysis.
• Perform comprehensive profitability analyses across all products to identify opportunities or corrective actions.
• Collaborate with Procurement on risk management to ensure supplier pricing supports overall company profitability.
• Support business units with the processing and costing of assemblies.
• Prepare and distribute daily sales reports.
• Produce weekly and monthly cost analysis reports to support decision-making.
• Identify cost-reduction, automation, and continuous improvement opportunities across the plant.
• Track and interpret KPIs such as OEE (Overall Equipment Effectiveness), scrap and waste levels, production uptime, cost per unit, and margin trends.
• Drive improvements in costing accuracy, financial processes, ERP utilisation, and plant reporting.
• Provide support to divisions by managing and participating in ad-hoc projects as required.
• Demonstrates strong commercial acumen through effective calculation of trading terms, discounts, rebates, and promotional agreements and improved financial performance.

Analysis

• Analyse product-level profitability, including raw material impacts, process costs, shrinkage, customer profitability and efficiency KPIs.

Support Business Strategy

• Support company vision and mission.
• Deliver on KPI's.
• Own and manage BOMS integrity and accuracy, while always investigating opportunities to improve profitability.
• Investigate opportunities to improve controls automate processes, reporting and tasks.
• Deliver on Individual / team goals

Desired Experience & Qualification

• Costing qualification, appropriate tertiary qualification aligned to the job requirements
• Minimum of 3 years commercial accounting experience.
• Must be computer literate - MS Excel, Word, PowerPoint, ERP.
• Report writing (BI) - beneficial.