Fssc Cost Accountant X2

Findojobs South Africa; Gauteng; On-site; ZAR 400,000 - 600,000; Full time

Job summary

A recruiting agency in Gauteng seeks a skilled Cost Accountant to develop and manage cost accounting systems, perform financial analyses, and prepare financial reports. Candidates should have a relevant degree and experience with SAP ERP. Strong analytical skills are essential for this role to support business decision-making processes.

Qualifications

• Experience in cost accounting and financial analysis.
• Proficient in using SAP for accounting purposes.
• Strong analytical and problem-solving skills.

Responsibilities

• Develop and maintain cost accounting systems and policies.
• Prepare and review monthly standard costings.
• Conduct cost variance analysis and recommend process improvements.
• Assist with financial audits and prepare necessary documentation.

Skills

Cost analysis

SAP ERP

Financial reporting

Stakeholder management

Cost accounting principles

Education

Bachelor's Degree in Accounting or Finance

Tools

SAP

Job description

Role Purpose

• To develop the product cost accounting business system and services that will inform financial and business decisions, enable analysis and forecasting, and inform business and operational decisions.
• To direct, guide and coordinate costing and information development processes and appropriate systems in close cooperation with business, GIT and other analytical functions notably in Sales & Marketing, Production & Quality, and Procurement.
• Management & Cost Accounting System (incl. Policies & Procedures)
• Responsible for preparing and reviewing monthly preliminary standard costings.
• Review and monitor key materials moving average prices daily and inform business teams of major variances or issues.
• Review standard and actual costs for inaccuracies and material variances
• Prepare, run and update monthly standard costing in SAP ERP post business sign off
• Conduct monthly CO Assessment cycle process.
• Review and upload monthly transfer pricing.
• Review and upload monthly customer sales pricing
• Update customer prices on ad hoc basis
• Review and upload ad hoc SAP Lon View / Forecasts
• Review and upload annual SAP budget templates
• Assisting in month-end and year-end closing of SAP Controlling module
• Responsible for creation and change of material master data, bills of materials and routings as requested by business
• Assist Plant Accountants with variances on Production Orders.
• Assist Plant Accountants with review of routings and activity rates to increase accuracy of product costs.
• Track and maintain standard cost compared to actual cost.
• Assist business with product and unit cost controlling.
• Performing cost variance analyses
• Recommending changes to processes to reduce cost and maximize profit
• Monthly reconciliations and analysis of stock financial accounts
• Review and update Costing processes and SOP’s
• Internal and external controls
• Assist with controls, procedures and supporting documentation for the audit process and enforcing controls
• Assist with requested documentation and reports for the internal / external auditor
• Assist with resolving audit queries internal / external auditor where required
• Customer and Stakeholder Accountabilities
• Develops and maintains good stakeholder relationships (internally, retained organization)
• Identifies trends and opportunities and communicates or escalate as required and appropriate
• The FSSC Cost Accountant may be required to work additional hours over the month end period.