Senior Cost Accountant

Momentum Metropolitan Holdings Limited; Centurion; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading financial services firm in Gauteng, Centurion is seeking a Senior Cost Accountant to lead advanced cost accounting functions. The ideal candidate will have 4–6 years of experience in cost management, strong budgeting skills, and proficiency in Excel and relevant financial tools. This role involves supporting financial decisions through expert insights and collaborating with various business units for strategic alignment.

Qualifications

• 4–6 years’ experience in cost/management accounting, preferably in financial services or life insurance.
• Strong knowledge of cost allocation models and budgeting processes.
• Ability to perform advanced cost analysis and financial reporting.

Responsibilities

• Lead the monthly and annual budgeting processes, ensuring accuracy and alignment with business objectives.
• Perform advanced cost analysis to identify financial risks and inefficiencies.
• Act as a finance business partner to senior leaders and non-financial managers.

Skills

Cost Allocation Models

Budgeting Processes

Advanced Excel Skills

PowerBI

JDE

IDU

ClickView

Education

BCom in Accounting, Cost and Management Accounting or Finance (NQF 7)

CIMA or CA(SA)

Job description

Overview

Job title : Senior Cost Accountant

Job Location : Gauteng, Centurion

Deadline : October 12, 2025

Role Purpose

To lead and support advanced cost accounting functions including expense forecasting, budgeting, cost analysis, and financial reporting. The Senior Cost Accountant will play a pivotal role in guiding decision-making by providing expert insight on cost control mechanisms, financial trends, and compliance, while acting as a key liaison between the business and finance functions.

Requirements

• BCom in Accounting, Cost and Management Accounting, or Finance (NQF 7).
• 4–6 years’ experience in cost / management accounting, including experience in a financial services or life insurance environment.
• Strong knowledge of cost allocation models and budgeting processes.
• Advanced Excel skills; exposure to PowerBI, JDE, IDU, ClickView preferred.

Preferred :

• CIMA or CA(SA)
• Listed company experience.
• Familiarity with procurement systems and cost allocations.

Duties & Responsibilities

Cost Management & Analysis

• Perform advanced cost analysis to identify risks, inefficiencies, and areas for financial improvement.
• Lead the monthly and annual budgeting processes, ensuring accuracy, feasibility, and strategic alignment with business objectives.
• Maintain and improve cost allocation methodologies (e.g., activity-based costing) and ensure allocations are aligned with business structures and legal entities.
• Drive scenario planning and forecasting to manage financial risks and support strategic planning.
• Analyse and report on monthly expenditure trends, headcount analysis, and budget variances with actionable insights.

Financial Control & Reporting

• Oversee monthly and year-end closing processes in collaboration with the Cost Accountant Manager.
• Ensure integrity of the fixed asset register and general ledger accounts.
• Maintain cost accounting systems and recommend process improvements.
• Provide timely, accurate, and insightful financial reports and commentary to support strategic decision-making.
• Support compliance with JDE, IDU, and procurement system governance and controls.

Stakeholder Engagement

• Act as a finance business partner to senior leaders and non-financial managers, translating financial data into meaningful insights.
• Lead the resolution of complex queries from business units, JDE, and procurement processes.
• Collaborate cross-functionally to ensure smooth financial operations, transparent communication, and strategic alignment.
• Contribute to finance team development, knowledge sharing, and process documentation.
• Promote a high-performance culture by modeling leadership behaviors, delivering results, and driving innovation.

Competencies

• Business acumen & financial insight
• Strategic thinking & analytical ability
• Strong interpersonal and stakeholder management skills
• Excellent written and verbal communication
• Drive for results & innovation
• Risk awareness & governance
• Ability to work under pressure and manage complexity

Note: Deadline information included above is from the original description. No further details included.