Job Description

Cost Accountant (JB1133)
Location: Industria West, Johannesburg
Salary: Negotiable up to R40 000 per month TCTC
Duration: Permanent 
Manufacturing company, established over 50 years ago with branches across South Africa, has an opening for a Cost Accountant with strong leadership skills to join them. 

The Cost Accountant position is accountable for the ongoing analysis of process constraints, costing projects, margin analysis, and tracing costs back to underlying activities. The person is responsible for constructing and monitoring cost-effective data accumulation systems needed to provide an appropriate level of costing information to Management. 
Duties: 
Inventory Transaction 
Standard Cost Updating 
Updating of Costing Models (Excel) 
Labour and Overhead costing 
Maintain the line items for direct materials, labour and overhead on the bill of material or recipe for each product. 
Preparing standard cost budgets for manufacturing. 
Calculate, analyze, account for, and report monthly cost variances for direct materials, direct labour, indirect labour, and manufacturing overhead. 
Assist sales with product pricing using an already defined methodology. 
Updating and uploading of Customer and supplier contract prices. 
Compliance with Legislation 
Execute and maintain procedures accurately and consistently calculating production rates, downtime, and change-over times for department performance measures. 
Developing a standardized policy and procedure of the standard costing system, such as inventory management, cost allocation and new product development (NPD) calculation. 
Ensuring that cost accounting transactions align with GAAP, company policy and IFRS. 
Reporting / Analysis 
Purchase Price Variance Analysis 
Stock Revaluation Analysis 
Monthly Stock Take & Reporting 
Requirements: 
ND Cost & Management Accounting / B Com Accounting / CIMA Strategic Level or Associate member 
3+ years of accounting/finance experience, or 5+ years’ experience in a manufacturing environment. 
Syspro ERP Knowledge 
Translution Scanning solution - knowledge + experience (Added advantage) 
ODBC Queries 
Advanced Excel skills 
 
Please email CV to recruit@itkontak.co.za and quote JB1133 in the subject line

Skills Required