Cost Accountant

Placements24; Soweto; On-site; ZAR 350,000 - 490,000; Full time

Benefits offered by this job

Overtime pay

On-site work

Cost control

Medical aid

Pension fund

Professional growth

Job summary

Placements24 in Soweto is seeking a diligent Cost Accountant to join the production finance team on-site. You will manage and analyze production costs, support pricing and budgeting, and contribute to profitability and operational efficiency.

Candidates should hold a Bachelor's in Accounting or Cost Accounting; CIMA/CMA is advantageous. With at least 3 years in manufacturing cost accounting, you will excel in cost systems, inventory costing, and variance analysis, using Excel and ERP tools.

Qualifications

• Bachelor's degree in Accounting, Cost Accounting, or related field.
• CIMA or CMA is advantageous.
• Minimum of 3 years in cost accounting, preferably in manufacturing.
• Strong understanding of cost accounting, inventory costing, and overhead allocation.
• Proficiency in Excel and experience with ERP systems.

Responsibilities

• Develop, implement, and maintain cost accounting systems and methodologies.
• Analyze and report on manufacturing costs, including direct materials, direct labor, and overhead.
• Perform variance analysis and investigate cost variances against budget and standard costs.
• Assist in the preparation of the annual budget and periodic forecasts for production costs.
• Conduct inventory valuation and costing exercises.
• Provide cost information and analysis to support production and management decisions.

Skills

Cost accounting

Variance analysis

Excel

ERP systems

Manufacturing costing

Budgeting

Education

Bachelor's in Accounting or Cost Accounting

CIMA or CMA (advantageous)

Tools

Excel

ERP systems

Job description

About the Role

Our client is looking for a diligent Cost Accountant to join their production finance team in Soweto . This on-site role is vital for managing and analyzing production costs, contributing to profitability and operational efficiency. You will be responsible for tracking manufacturing expenses, developing cost accounting systems, and providing critical data for pricing and budgeting decisions. The ideal candidate possesses a strong understanding of cost accounting principles and has experience in a manufacturing environment, contributing to sound financial management within the operations.

Key Responsibilities

• Develop, implement, and maintain cost accounting systems and methodologies.
• Analyze and report on manufacturing costs, including direct materials, direct labor, and overhead.
• Perform variance analysis and investigate cost variances against budget and standard costs.
• Assist in the preparation of the annual budget and periodic forecasts for production costs.
• Conduct inventory valuation and costing exercises.
• Provide cost information and analysis to support production and management decisions.

Requirements

• Bachelor's degree in Accounting, Cost Accounting, or a related field.
• Professional qualification such as CIMA or CMA is advantageous.
• Minimum of 3 years of experience in cost accounting, preferably in a manufacturing setting.
• Solid understanding of cost accounting principles, inventory costing, and overhead allocation.
• Proficiency in Excel and experience with ERP systems.
• Strong analytical and problem-solving skills.

Benefits

• Competitive salary and potential for overtime pay.
• On-site work in a key operational role.
• Opportunity to enhance cost control and efficiency.
• Medical aid and pension fund benefits.
• Supportive work environment with opportunities for professional growth.