Cost Accountant - Contract

Liham Consulting Pty (Ltd); Durban; On-site; ZAR 600,000 - 800,000; Full time

Benefits offered by this job

Influential role in shaping costing framework

Opportunities to collaborate with industry professionals

Dynamic work environment

Job summary

Liham Consulting Pty (Ltd) is seeking a seasoned Cost Accountant in Durban to enhance financial accuracy through comprehensive reviews of product costing methodologies. The ideal candidate will have 7-10 years in cost management, strong ERP proficiency, and the ability to lead and improve costing frameworks.

This influential role requires collaboration within a dynamic team environment, focusing on process improvement and cost management strategies. Enjoy a competitive position in a growing enterprise with a high-impact potential.

Qualifications

• 7 to 10 years of experience in cost management or related roles.
• Strong proficiency in ERP systems like SAP and SYSPRO.
• Ability to develop and improve costing frameworks.

Responsibilities

• Review existing product cost models across all active product lines.
• Assess cost allocation methodologies for various components.
• Produce documented costing procedures and manuals.

Skills

Cost management experience

SAP proficiency

Analytical skills

Team leadership

Communication skills

Tools

SAP

SYSPRO

Sage X3 Finance

Odoo

Job description

A leading organization in the mineralogy and chemical industries is seeking a seasoned Cost Accountant to spearhead a comprehensive review of product costing methodologies amidst business growth challenges. This role demands a strategic mind capable of enhancing financial accuracy and operational efficiency through meticulous analysis and process improvement.

Duties

• Review existing product cost models across all active product lines
• Assess cost allocation methodology for raw material, processing, and overhead components
• Review landed cost build-ups for export shipments and margin reporting by product grade and destination market
• Assess yield assumptions used in cost modelling versus actual outputs
• Identify gaps between standard costs held in the ERP and actual costs incurred
• Benchmark costing approaches against industry norms for specialty minerals and commodity trading companies
• Produce a written findings report on weaknesses, risks, and improvement opportunities in the current costing framework
• Recommend revised costing methodology suitable for operational complexity, including multi-grade yield splits
• Propose a standard cost structure for each product line with cost drivers and variance analysis framework
• Advise on appropriate cost centre and profit centre structure within the ERP
• Review current ERP configuration related to inventory costing, purchase order processing, and cost of sales recognition
• Identify ERP setup changes required to support the recommended costing methodology
• Advise on bill of materials and routing configurations for processing operations
• Recommend ERP reporting outputs to support product costing and margin management
• Train finance staff on revised costing methodology and maintenance requirements
• Produce documented costing procedures and manuals for internal use

Requirements

• 7 to 10 years of experience in cost management or related roles
• Strong proficiency in SAP, SYSPRO, Sage X3 Finance, Odoo, and other ERP systems
• Demonstrated ability to develop and improve costing frameworks in complex operational settings
• Experience in benchmarking costing approaches within the mineralogy, chemical, or petrochemical sectors
• Excellent analytical, report writing, and communication skills
• Ability to lead and delegate effectively within a team

Nice to Have

• Advanced understanding of Bill of Materials (BOM) and routing configurations
• Prior experience with ERP system enhancements and change management

Benefits

• An influential role in shaping the costing framework of a growing enterprise
• Opportunities to collaborate with industry-leading professionals
• A dynamic work environment based in KwaZulu-Natal with on-site engagement

Ready to impact operational excellence through cost management? Apply now and become a key contributor to our client’s strategic growth.