Cost Accountant

Hire Resolve; South Africa; On-site; ZAR 750 000 - 800 000; Full time

Job summary

A leading recruitment agency is seeking a skilled Cost Accountant to join a finance team in Johannesburg's FMCG sector. The role involves analyzing costs and improving financial reporting practices. The ideal candidate will have a degree in Accounting and at least 4 years of relevant experience. This position offers a competitive salary and family leave benefits.

Benefits

Salary: R800K/yr - R750K/yr, negotiable

Family Leave

Qualifications

• Minimum of 4 years of relevant work experience in cost accounting.
• Experience in the FMCG industry preferred.
• Strong attention to detail and the ability to analyze financial data.

Responsibilities

• Conduct regular analysis of product costs to ensure accurate costing.
• Develop and maintain cost accounting systems for better control.
• Monitor ongoing expenses and provide recommendations for savings.

Skills

Cost accounting principles

Microsoft Excel

Analytical skills

Problem-solving

Communication skills

Education

Bachelor's degree in Accounting or Finance

Tools

Cost accounting software

ERP systems

Job description

Job Summary

Hire Resolve's client is seeking a highly skilled and knowledgeable Cost Accountant to join their dynamic finance team in the FMCG (Fast-moving consumer goods) industry in Johannesburg. The Cost Accountant will be responsible for analyzing, monitoring, and controlling the company's cost structure, ensuring efficient use of resources while maximizing profitability. The ideal candidate should have a strong understanding of cost accounting principles and experience working in the FMCG industry.

Location

Johannesburg, South Africa

Responsibilities

• Conduct regular analysis of product costs, including raw materials, labor, and overhead expenses, to ensure accurate costing information.
• Develop and maintain cost accounting systems, processes, and procedures for better cost control and accurate financial reporting.
• Monitor ongoing expenses, including purchase price variances, overruns, production variances, and cost allocations, and provide recommendations for cost-saving opportunities.
• Perform monthly, quarterly, and annual financial close procedures related to cost accounting, including reconciliations, accruals, and adjustments.
• Collaborate with cross-functional teams, including production, purchasing, and logistics, to gather costing data, improve accuracy, and implement cost control measures.
• Prepare and analyze monthly, quarterly, and annual costing reports to identify trends, anomalies, and opportunities for improvement.
• Assist in the preparation of budgets, forecasts, and financial plans related to cost accounting.
• Participate in the development and implementation of cost accounting policies, procedures, and internal controls.
• Support internal and external audit activities by providing relevant cost accounting documentation and explanations as required.
• Stay updated with the latest trends and best practices in cost accounting and the FMCG industry to enhance performance and efficiency.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 4 years of relevant work experience in cost accounting, preferably in the FMCG industry.
• Strong knowledge of cost accounting principles and methodologies.
• Proficient in using cost accounting software and ERP systems.
• Advanced skills in Microsoft Excel, including pivot tables, VLOOKUPs, and data analysis functions.
• Excellent analytical and problem-solving abilities, with a keen attention to detail.
• Strong written and verbal communication skills, with the ability to effectively present complex financial information to non-financial stakeholders.
• Ability to work independently and collaboratively within a team.
• Proven ability to prioritize and meet deadlines in a fast-paced environment.
• Adaptability to changing business requirements and the willingness to continuously learn and improve.

Benefits

• Salary: R800K/yr - R750K/yr, negotiable
• Family Leave

Contact

Contact Hire Resolve for your next career-changing move. Apply for this role today on LinkedIn, or contact Lindy Du Plessis at Hire Resolve. Visit the Hire Resolve website: hireresolve.us or email us your CV: [e-mail]