Job Description

Cost Accountant and Business Analyst (R46-R53, 900) - Tralton, West RandClosing on: Jan 31, 2025The Cost Accountant will be responsible for analyzing, tracking, and managing production costs to help control expenses, improve profitability, and optimize production processes. This role requires a strong understanding of cost accounting, production processes, financial analysis, and systems/report development. The ideal candidate is detail-oriented, analytical, and experienced in managing budgets and improving reporting capabilities within an agriculture environment. Qualification and ExperienceEducation: Bachelor's degree in accounting, finance, or related field.Experience: 3-5 years of experience in cost accounting within a productionenvironment.Skills:Strong analytical and problem-solving skills.Proficient in cost accounting software, ERP systems and Microsoft Excel.Familiarity with standard costing principles, and reporting tools.Experience in report development, systems enhancement, and data visualization.Excellent attention to detail and accuracy.Effective communication skills to collaborate across departments.KPIsCost Analysis and TrackingAnalyse production costs, including input materials, labour, and overhead.Track production expenses and compare them to budgeted costs.Monitor variances between actual and standard costs, investigating significant discrepancies.Ensures the processing of all transactions through the ERP and business systems are accurate and up to standard.Budgeting and ForecastingAssist in the preparation of annual production budgets.Collaborate with production and financial teams to develop forecasts.Provide analysis for monthly and quarterly budget variances.Inventory and Inputs CostingOversee the costing of production inputs, ensuring accurate valuation.Work with supply chain and inventory teams to manage inventory levels and reduce excess or obsolete stock.Perform monthly reconciliations of inventory accounts and adjust for discrepancies.Standard Costing and Variance AnalysisEstablish and maintain standard costs for products.Conduct variance analysis on standard costs versus actual costs and report findings to management.Cost Analysis and TrackingAnalyse production costs, including input materials, labour, and overhead.Track production expenses and compare them to budgeted costs.Monitor variances between actual and standard costs, investigating significant discrepancies.Ensures the processing of all transactions through the ERP and business systems are accurate and up to standard.Budgeting and ForecastingAssist in the preparation of annual production budgets.Collaborate with production and financial teams to develop forecasts.Provide analysis for monthly and quarterly budget variances.Inventory and Inputs CostingOversee the costing of production inputs, ensuring accurate valuation.Work with supply chain and inventory teams to manage inventory levels and reduce excess or obsolete stock.Perform monthly reconciliations of inventory accounts and adjust for discrepancies.Standard Costing and Variance AnalysisEstablish and maintain standard costs for products.Conduct variance analysis on standard costs versus actual costs and report findings to management.

Skills Required