Job Description

Closing Date 2025/08/15
Reference Number MMH250808-8
Job Title Senior Cost Accountant
Position Type Permanent
Role Family Finance
Cluster Momentum Investments
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion
Introduction
Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations. We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Metropolitan provides practical financial solutions for people, communities and businesses.
Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.
Role Purpose
To lead and support advanced cost accounting functions including expense forecasting, budgeting, cost analysis, and financial reporting. The Senior Cost Accountant will play a pivotal role in guiding decision-making by providing expert insight on cost control mechanisms, financial trends, and compliance, while acting as a key liaison between the business and finance functions.
Requirements

• BCom in Accounting, Cost and Management Accounting, or Finance (NQF 7).
• 4-6 years' experience in cost/management accounting, including experience in a financial services or life insurance environment.
• Strong knowledge of cost allocation models and budgeting processes.
• Advanced Excel skills; exposure to PowerBI, JDE, IDU, ClickView preferred.
• Preferred:

• CIMA or CA(SA)
• Listed company experience.
• Familiarity with procurement systems and cost allocations.

Duties & Responsibilities
Cost Management & Analysis

• Perform advanced cost analysis to identify risks, inefficiencies, and areas for financial improvement.
• Lead the monthly and annual budgeting processes, ensuring accuracy, feasibility, and strategic alignment with business objectives.
• Maintain and improve cost allocation methodologies (e.g., activity-based costing) and ensure allocations are aligned with business structures and legal entities.
• Drive scenario planning and forecasting to manage financial risks and support strategic planning.
• Analyse and report on monthly expenditure trends, headcount analysis, and budget variances with actionable insights.

Financial Control & Reporting

• Oversee monthly and year-end closing processes in collaboration with the Cost Accountant Manager.
• Ensure integrity of the fixed asset register and general ledger accounts.
• Maintain cost accounting systems and recommend process improvements.
• Provide timely, accurate, and insightful financial reports and commentary to support strategic decision-making.
• Support compliance with JDE, IDU, and procurement system governance and controls.

Stakeholder Engagement

• Act as a finance business partner to senior leaders and non-financial managers, translating financial data into meaningful insights.
• Lead the resolution of complex queries from business units, JDE, and procurement processes.
• Collaborate cross-functionally to ensure smooth financial operations, transparent communication, and strategic alignment.
• Contribute to finance team development, knowledge sharing, and process documentation.
• Promote a high-performance culture by modeling leadership behaviors, delivering results, and driving innovation.

Competencies

• Business acumen & financial insight

• Strategic thinking & analytical ability

• Strong interpersonal and stakeholder management skills

• Excellent written and verbal communication

• Drive for results & innovation

• Risk awareness & governance

• Ability to work under pressure and manage complexity

Policy
We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.