Cost Accountant

Boardroom Appointments; South Africa; On-site; ZAR 300 000 - 500 000; Full time

Job summary

A leading recruitment agency is looking for a Cost Accountant in South Africa. The ideal candidate will have a strong background in cost accounting, advanced Excel proficiency, and experience with Syspro ERP. Responsibilities include updating standard costs, product costing, and preparing cost variance reports. This role is critical for maintaining accurate financial records and ensuring compliance with legislation.

Qualifications

• 3+ years of cost accounting/finance experience or 5+ years in a manufacturing environment.
• Knowledge of ODBC queries and Excel skills.

Responsibilities

• Update standard costs and costing models.
• Reconcile inventory accounts and assist with product pricing.
• Prepare monthly cost variance reports.

Skills

Cost accounting experience

Advanced Excel skills

Syspro ERP Knowledge

ODBC Queries

Education

ND Cost & Management Accounting / B Com Accounting / CIMA

Tools

Syspro ERP

Translution Scanning solution

Job description

About the job: Cost Accountant

Minimum requirements:

• ND Cost & Management Accounting / B Com Accounting / CIMA Strategic Level or Associate member
• 3+ years of cost accounting/finance experience, or 5+ years experience in a manufacturing environment.
• Syspro ERP Knowledge
• Knowledge and experience with Translution Scanning solution (an added advantage)
• ODBC Queries
• Advanced Excel skills

Responsibilities:

• Standard Cost Updating
• Updating of Costing Models (Excel)
• Stock adjustment
• Creation of new stock codes
• Reconciliation of inventory account
• Product Costing
• Maintain line items for direct materials, labour, and overhead on the bill of material or recipe for each product
• Preparing standard cost budgets for manufacturing
• Calculate, analyze, and report monthly cost variances for direct materials, direct labor, indirect labor, and manufacturing overhead
• Assist sales with product pricing using predefined methodology
• Update and upload Customer and supplier contract prices
• Monitor raw material prices
• Create, review, and update Bills of Materials
• Calculate the landed cost (Shipment costing)
• Prepare GP dashboard report
• Monitor GP for each product
• Ensure compliance with Legislation, GAAP, IFRS
• Develop standardized policies and procedures for standard costing, inventory management, cost allocation, and NPD calculation
• Facilitate stock counts and analyze variances
• Perform monthly stock take & reporting
• Conduct stock adjustments report and analyze variances
• Asset verification (Half year and year end)

Note: This job posting is active and not expired.