Cost Accountant

A dynamic organization based in the East Rand is seeking to employ a Cost Accountant with 3–5 years’ experience within a manufacturing environment.

Minimum Requirements

• Matric
• Matric / Grade 12
• Diploma in Accounting/Management Accounts(Essential)
• Advanced Microsoft Excel & ERP System
• 3-5 years working experience in the Steel industry, Engineering industry, Manufacturing industry
• Candidates should demonstrate a solid understanding of manufacturing processes, cost control, and inventory management, along with strong analytical and problem-solving skills
• The successful candidate will be responsible for cost analysis, budgeting, and financial reporting, with a strong focus on supporting operational efficiency and informed decision-making

Responsibilities

• Develop, maintain, and update cost accounting systems to ensure all cost data is recorded accurately for manufacturing operations
• Maintain cost records for products across various stages of production, bills of materials (BOMs), cost centers, production cycles, and inventory systems
• Conduct cost-focused internal audits, monitoring of physical inventory counts, and monitoring of cycle count programs to ensure that Inventory is correctly valued, Work in process (WIP) is accurately tracked, actual usage matches recorded usage, to help prevent losses, operational inefficiencies, or theft of inventory
• Analyze operating costs to support senior management in identifying cost inefficiencies, wasteful expenditure, and unnecessary spending
• Analyze the cost of raw materials, inventory, and labour in production processes to determine the cost of producing finished goods.
• Analyze manufacturing cost data and prepare detailed cost comparison reports that compare actual vs budgeted manufacturing costs, explaining variances, and recommending of corrective actions
• Conduct regular analysis to determine why actual production costs are higher or lower, whether labour or machine utilization is optimal, and to determine which production lines or products are underperforming

Desired Skills

• BOMs
• Inventory
• Stock

Employer & Job Benefits

• Plus Benefits