Job Description

Job Summary My client is currently in search of a dynamic and proficient Cost Accountant to join their finance team. As a Cost Accountant, you will play a pivotal role in ensuring the precision and effectiveness of their cost accounting procedures, driving ongoing enhancements, and providing vital support for strategic decision-making within the company.

This position is based in Isando, Johannesburg East.

Primary Responsibilities:

• Establish, upload, and oversee standard costs utilizing a fully absorbed, activity-based model in collaboration with procurement and operations.
• Ensure the precise and punctual loading of new and revised bill of materials.
• Deliver weekly reports on factory performance for the current month, outlining notable insights and areas for enhancement.
• Review and pursue resolution for open orders and long-standing orders to optimize operational efficiency.
• Execute month-end accruals, cut-off transactions, re-allocations, and account validations for monthly period closure.
• Proactively address variances on a daily basis, collaborating with the cost analyst and escalating issues to site management as necessary.
• Conduct monthly reporting and validation of material variances, under and over-recoveries, and continuous improvement projects.
• Support department heads in cost control, budgeting, and forecasting, adapting as required.
• Ensure complete transparency regarding costs and financial implications on the organization for significant or strategic decisions concerning the factory or area of responsibility.
• Investigate and analyze capital and operating expenditures, ensuring expected returns are realized.
• Maintain robust internal controls, ensuring adherence to standard operating procedures, and provide support during audits and self-assessments.
• Identify and champion cost improvement opportunities, actively contributing to improvement projects and initiatives, and evaluating proposed savings.
• Reconcile and validate inventory, fixed assets, and associated balance sheet accounts.
• Participate in stock takes and ensure compliance with standard operating procedures, including assisting with inventory write-offs authorization.
• Provide ongoing mentorship and assistance to the cost analyst, ensuring timely delivery of outputs.

Requirements:

• Bachelor's degree in Accounting, Finance, or a related field.
• Completed CIMA professional designation (non-negotiable)
• Demonstrated experience in cost accounting, preferably within a manufacturing environment.
• Thorough comprehension of cost accounting principles and methodologies.
• Proficiency in ERP systems, particularly in cost accounting modules.
• Strong analytical and problem-solving abilities.

If you are interested in this opportunity, please apply directly. For more finance jobs, please visit .
If you have not had any response in two weeks, please consider the vacancy application unsuccessful.
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