Junior Cost Accountant

Bloemfontein, Free State, South Africa

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To analyse and interpret cost data to identify areas of inefficiency and recommend cost saving strategies.
To maintain and enhance a system for assigning costs to individual products or activities.
To collaborate with various departments to gather relevant cost information and ensure accuracy of data.
To prepare and present reports to management highlighting cost variances and cost of goods sold analysis recommending necessary actions.
To conduct regular inventory audits and reconcile discrepancies.
To conduct regular variance analysis between actual costs and budgeted costs and provide details of cost drivers and deviations.
To maintain and update costing records in accordance with accounting principles and practices.
To participate in the budgeting process and provide input on cost related forecasts and projections.
To support the senior cost accountant in developing and implementing cost control measures to optimise operational expenses.
To identify areas of potential cost improvement and work closely with the operations team to implement efficiency measures.
To work closely with production and procurement to ensure accurate cost allocations and sales price decisions.
To stay updated with industry trends and regulations in cost accounting.
To perform reasonable ad hoc requests.

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