Job Description

Role Overview

The Cost Accountant will be responsible for monitoring and analyzing manufacturing costs, preparing detailed cost reports, ensuring accurate allocation of expenses, and providing insights to management on cost efficiency and performance. This role requires strong analytical skills, attention to detail, and the ability to work collaboratively across finance, operations, and production teams.

Key Responsibilities

Cost Control & Analysis

+ Collect, analyze, and report on manufacturing costs and variances. + Monitor material, labor, and overhead costs against budget/standards.
+ Investigate cost variances and recommend corrective actions.

Budgeting & Forecasting

+ Assist in preparing budgets and forecasts by providing detailed cost data. + Support management in financial planning and cost projections.

Reporting & Compliance

+ Prepare monthly, quarterly, and annual cost reports. + Maintain accurate records of inventory valuation and cost allocations.
+ Ensure compliance with company policies, accounting standards, and audit requirements.

Operational Support

+ Work closely with production, procurement, and supply chain to track cost drivers. + Support continuous improvement projects by identifying cost-saving opportunities.
+ Contribute to pricing decisions by providing accurate cost data and margin analysis



Bachelor's Degree in Accounting, Finance, or Cost & Management Accounting. Professional qualification (CIMA/SAICA/SAIPA) or working towards it will be an advantage. Minimum 3-5 years' experience as a Cost Accountant in a manufacturing or FMCG environment. Strong knowledge of standard costing, variance analysis, and inventory management. Solid understanding of financial and management accounting principles. Proficiency in ERP systems (SAP/Syspro/Oracle) and advanced MS Excel skills. Strong analytical, problem-solving, and numerical abilities. High attention to detail and ability to work under pressure to meet deadlines.

Competencies

Analytical and Strategic Thinking Accuracy and Attention to Detail Business Acumen Strong Communication Skills Teamwork and Collaboration * Integrity and Professionalism