Managment Accountant Costing

Ntice Search Solutions; Gauteng; On-site; ZAR 500,000 - 800,000; Full time

Job summary

A leading company in the manufacturing sector seeks a Management Accountant - Costing to support financial decision-making and improve operational efficiencies. This role, based in the Upper Highway area of KwaZulu Natal, involves overseeing costing functions, analyzing BOMs, and implementing cost-saving initiatives.

Qualifications

• Minimum 5 years’ experience in a similar role within a large manufacturing plant or FMCG sector.
• Experience in stock control is required.

Responsibilities

• Oversee and maintain the costing function, including accurate BOMs and recipe changes.
• Analyze and report on BOM adherence and cost of sales impacts.
• Drive process improvements to enhance kit issue accuracy and BOM adherence.

Skills

Operational focus

Attention to detail

Ability to multitask

Accuracy

Efficiency

Education

CIMA / BCom / BTech

Job description

Our client, a market leader in the manufacturing sector, is seeking to appoint a Management Accountant - Costing based in the Upper Highway area, KwaZulu Natal.

The primary purpose of this role is to deliver accurate financial and operational data to support informed decision-making and protect profit margins. Responsibilities include analysing internal and external data, translating data into meaningful insights, and providing project management support for system implementation, bill of materials (BOM) costing, and production floor improvements.

Duties and Responsibilities:

• Oversee and maintain the costing function, including accurate BOMs, recipe changes, and raw material availability.
• Analyze and report on BOM adherence, cost of sales impacts, and identify opportunities to reduce substitution costs.
• Investigate WIP variances and provide operational floor support to ensure recipe and BOM accuracy.
• Conduct physical floor-to-recipe testing and verify BOM costings regularly.
• Drive process improvements to enhance kit issue accuracy and BOM adherence.
• Compile and review daily margin analyses, monitor pricing stability, and provide exception reporting to Sales and Production.
• Manage customer growth incentive calculations and monthly provisions.
• Support management accounting projects from scoping to post-implementation reviews.
• Maintain labor and overhead costings in Syspro, monitor variances, and identify efficiency opportunities.
• Support and implement improved allocation models for labor and overhead costs.
• Provide backup for raw material price reviews and uploads as needed.
• Investigate purchase price variances and standard cost adjustments to drive cost savings.
• Monitor and recommend updates to standard costs where necessary.
• Implement and review internal controls, SOPs, and promote ongoing improvements.
• Track factory performance against KPIs and develop production efficiency metrics.
• Oversee internal stock movements and support stock control measures affecting COS.
• Assist with month-end stock takes and stock/WIP variance analyses.
• Identify and lead cost-saving initiatives and process improvements.
• Perform ad hoc reporting and analysis as required.

Education and Experience:

• CIMA / BCom / BTech or relevant qualification.
• Minimum 5 years’ experience in a similar role within a large manufacturing plant or FMCG sector.
• Stock control experience.

Knowledge and Skills:

• Operationally focused and involved.
• Ability to work under pressure and meet deadlines.
• Hands-on approach to operational processes.
• Able to multitask effectively.
• Accuracy, efficiency, and attention to detail.