Cost Accountant

Placements24; Randfontein; On-site; ZAR 600,000 - 1,000,000; Full time

Benefits offered by this job

Health insurance

Retirement fund

Professional development

On-site role

Safe work environment

Job summary

WhatJobs Direct is seeking a skilled Cost Accountant to join our operations team in Rustenburg, North West. This on-site, full-time role focuses on analyzing production costs, developing robust cost accounting systems, and delivering accurate costing information to drive profitability.

The candidate should have 4–6 years of cost accounting experience in manufacturing, strong Excel skills (pivot tables, VLOOKUP), and familiarity with ERP systems like SAP or Oracle.

Qualifications

• Bachelor's degree in Accounting, Cost Management, or a related field.
• 4–6 years of cost accounting experience, preferably in manufacturing.
• Strong knowledge of cost accounting principles, methods, and systems.
• Experience with ERP systems (SAP, Oracle) is advantageous.

Responsibilities

• Develop, implement, and maintain cost accounting systems and methodologies.
• Analyze manufacturing costs: materials, labor, and overhead.
• Prepare cost reports and analyze variances between standard and actual costs.
• Assist in budgets and forecasts related to production costs.
• Conduct regular cost audits to ensure accuracy and identify discrepancies.
• Develop and monitor KPIs related to cost management.
• Collaborate with operations and engineering to identify cost reduction opportunities.
• Perform inventory valuation and reconciliation.
• Provide costing information for pricing decisions and strategic planning.
• Ensure compliance with relevant accounting standards and regulations.

Skills

Cost accounting

ERP (SAP/Oracle)

Excel (Pivot tables, VLOOKUP)

Analytical skills

Team collaboration

Education

Bachelor's degree in Accounting/Cost Management

Tools

SAP

Oracle

Job description

About the Role

Our client, WhatJobs Direct, is seeking a skilled Cost Accountant to join their operations team based in Rustenburg, North West, ZA. This is an on-site, full-time position critical for understanding and optimizing the company's manufacturing costs. The successful candidate will be responsible for analyzing production costs, developing cost accounting systems, and providing management with accurate costing information to drive profitability. We are looking for an analytical individual with a keen eye for detail and a proactive approach to identifying cost-saving opportunities. The role requires strong technical accounting skills and the ability to collaborate effectively with production and management teams. This is a hands-on role where your insights will directly impact operational efficiency and financial performance. Join us in Rustenburg and contribute to a vital aspect of our business.

Key Responsibilities

• Develop, implement, and maintain cost accounting systems and methodologies.
• Analyze manufacturing costs, including direct materials, direct labor, and overhead.
• Prepare detailed cost reports, analyzing variances between standard and actual costs.
• Assist in the preparation of budgets and forecasts related to production costs.
• Conduct regular cost audits to ensure accuracy and identify discrepancies.
• Develop and monitor key performance indicators (KPIs) related to cost management.
• Collaborate with the operations and engineering teams to identify cost reduction opportunities.
• Perform inventory valuation and reconciliation.
• Provide management with costing information for pricing decisions and strategic planning.
• Ensure compliance with relevant accounting standards and regulations.

Requirements

• Bachelor's degree in Accounting, Cost Management, or a related field.
• Minimum of 4-6 years of experience in cost accounting, preferably in a manufacturing environment.
• Strong knowledge of cost accounting principles, methods, and systems.
• Proficiency in accounting software and advanced Excel skills, including pivot tables and VLOOKUPs.
• Experience with ERP systems (e.g., SAP, Oracle) is advantageous.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Ability to work effectively in a team and communicate findings clearly.
• Experience in standard costing and variance analysis.
• Must be based in or willing to relocate to the Rustenburg area.

Benefits

• Competitive salary: R per annum .
• Permanent, on-site position with a stable company.
• Opportunity to work closely with operational teams.
• Health insurance and retirement fund benefits.
• Professional development opportunities.
• Safe and supportive work environment.