Cost Accountant

Placements24; Paarl; Hybrid; ZAR 350,000 - 600,000; Full time

Benefits offered by this job

Hybrid work arrangement

Medical aid

Retirement fund

Professional development opportunities

Job summary

Placements24 in Paarl is looking for a detail-oriented Cost Accountant to join the finance team. This hybrid role focuses on production costs, inventory valuation, and variances, collaborating with operations to identify cost-saving opportunities and improve efficiency.

Ideal candidates will have 3–5 years in cost accounting, strong costing knowledge, and proficiency in Excel and ERP systems (SAP, Oracle). The role offers a hybrid work arrangement and opportunities for professional development.

Qualifications

• 3–5 years of cost accounting experience.
• Strong costing knowledge including standard and activity-based costing.
• Proficiency in Excel and ERP systems (SAP, Oracle).

Responsibilities

• Develop, maintain, and analyze standard cost systems.
• Analyze manufacturing variances (material, labor, overhead) and provide explanations.
• Assist in the annual budgeting process for manufacturing costs.
• Perform inventory costing and valuation, including cycle counts and reconciliations.
• Prepare monthly cost reports and provide insights to management.
• Support new product costing initiatives and process improvements.

Skills

Cost accounting

Standard costing

Activity-based costing

Excel

ERP systems

Analytical thinking

Problem solving

Education

Bachelor's degree in Accounting or Finance

Tools

SAP

Oracle

Job description

About the Role

Our client is seeking a detail-oriented Cost Accountant to join their finance team in Paarl. This hybrid role will focus on analyzing and reporting on production costs, inventory valuation, and manufacturing variances. You will work closely with the operations and production teams to identify cost-saving opportunities and improve overall efficiency. The position requires a strong understanding of costing methodologies and a commitment to providing accurate financial data to support operational decision-making.

Key Responsibilities

• Develop, maintain, and analyze standard cost systems.
• Analyze manufacturing variances (material, labor, overhead) and provide explanations.
• Assist in the annual budgeting process for manufacturing costs.
• Perform inventory costing and valuation, including cycle counts and reconciliations.
• Prepare monthly cost reports and provide insights to management.
• Support new product costing initiatives and process improvements.

Requirements

• Bachelor's degree in Accounting or Finance.
• 3-5 years of experience in cost accounting, preferably in a manufacturing environment.
• Strong knowledge of costing principles, including standard costing and activity-based costing.
• Proficiency in Excel and experience with ERP systems (e.g., SAP, Oracle).
• Good analytical and problem-solving skills.

Benefits

• Competitive salary and potential for bonuses.
• Hybrid work arrangement for a balanced work-life integration.
• Medical aid and retirement fund contributions.
• Opportunities for professional development and training.
• A collaborative and results-oriented work environment.