Senior Cost Accountant

Placements24; East London; Hybrid; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Salary package commensurate with经验

Medical aid

Retirement fund

Training programs

20 days annual leave

Hybrid work model

Job summary

Placements24 is seeking a Senior Cost Accountant for its East London, Eastern Cape facility. The role focuses on driving cost control, optimizing production efficiency, and delivering insights into profitability.

You will maintain cost accounting systems, analyze variances, and support strategic decision-making. The successful candidate will have a Bachelor's degree in Accounting/Finance, professional qualification (CA(SA)/CIMA/ACCA) or pursuing one, and at least 5 years in cost accounting

Qualifications

• Bachelor's degree in Accounting or Finance is mandatory.
• Professional accounting qualification (CA(SA), CIMA, ACCA) or actively pursuing one preferred.
• Minimum of 5 years in cost accounting, preferably in manufacturing.
• Strong cost accounting, standard costing and variance analysis knowledge.
• Proficient in ERP systems (SAP, Oracle) and advanced Excel.

Responsibilities

• Develop, implement and maintain cost accounting systems and methodologies.
• Analyze manufacturing costs including direct materials, direct labor and overhead.
• Prepare detailed cost reports with variance explanations.
• Assist in annual budgeting and forecasts for manufacturing operations.
• Conduct profitability analysis by product, department and customer.
• Participate in inventory valuation and control procedures.
• Collaborate with production to identify cost reduction opportunities.
• Ensure accuracy of cost data used in financial reporting.
• Support ERP implementations or enhancements related to cost accounting.
• Provide financial support for pricing decisions and new product development.

Skills

Analytical

Problem solving

Communication

Time management

Education

Bachelor's degree in Accounting or Finance

CA(SA) / CIMA / ACCA or actively pursuing

Tools

SAP

Oracle

Excel

Job description

About the Role

Our client, a leading manufacturing enterprise, is seeking a highly analytical and experienced Senior Cost Accountant to oversee cost accounting functions at their facility in East London, Eastern Cape . This role is essential for driving cost control, optimizing production efficiency, and providing critical insights into manufacturing profitability. The Senior Cost Accountant will be responsible for developing and maintaining cost accounting systems, analyzing variances, and supporting strategic decision-making. This is an exciting opportunity for a meticulous professional to make a significant impact on operational efficiency and financial performance. The position is based in East London, Eastern Cape , and requires a proactive approach to identifying cost-saving opportunities and implementing best practices. We are looking for an individual with a strong understanding of manufacturing processes and robust analytical capabilities.

Key Responsibilities

• Develop, implement, and maintain cost accounting systems and methodologies.
• Analyze manufacturing costs, including direct materials, direct labor, and overhead.
• Prepare detailed cost reports, including variance analysis, and provide explanations for deviations from budget.
• Assist in the development of annual budgets and forecasts for manufacturing operations.
• Conduct profitability analysis by product, department, and customer.
• Participate in inventory valuation and control procedures.
• Collaborate with production and operations teams to identify cost reduction opportunities.
• Ensure the accuracy and integrity of cost data used for financial reporting.
• Support the implementation of ERP systems or enhancements related to cost accounting.
• Provide financial support for pricing decisions and new product development.

Requirements

• A Bachelor's degree in Accounting, Finance, or a related field is mandatory.
• A professional accounting qualification (e.g., CA(SA), CIMA, ACCA) or actively pursuing one is highly preferred.
• A minimum of 5 years of progressive experience in cost accounting, preferably within a manufacturing environment.
• Strong understanding of cost accounting principles, standard costing, and variance analysis.
• Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Excel skills.
• Excellent analytical, problem-solving, and decision-making abilities.
• Strong communication and interpersonal skills, with the ability to work effectively with non-finance personnel.
• High attention to detail and commitment to accuracy.
• Ability to manage multiple tasks and meet deadlines.
• Must be based in or willing to relocate to East London, Eastern Cape .

Benefits

Our client offers a competitive salary package, reflective of the candidate's experience and qualifications, along with performance-based bonuses. Comprehensive medical aid and retirement fund benefits are provided. This role offers significant opportunities for professional growth and development within the manufacturing sector. The hybrid work model in East London, Eastern Cape , supports a healthy work-life balance. Enjoy 20 days of annual leave and access to company-sponsored training programs. Join a leading organization that values expertise and fosters a collaborative work environment.