COST ACCOUNTANT

SUMMARY:
Seeking a highly skilled and knowledgeable Cost Accountant. (CIMA) required. Responsible for analyzing, monitoring, and controlling the company cost structure, ensuring efficient use of resources while maximizing profitability. Strong understanding of cost accounting principles and experience working in the manufacturing industry.

POSITION INFO:

Job Title: Cost Accountant (Manufacturing Industry)
Location: Brakpan, East Rand

Job Summary
My client, a giant in the manufacturing industry and part of a listed group, is seeking a highly skilled and knowledgeable Cost Accountant to join their dynamic finance team. Must be CIMA registered and operating. The Cost Accountant will be responsible for analyzing, monitoring, and controlling the company cost structure, ensuring efficient use of resources while maximizing profitability. The ideal candidate should have a strong understanding of cost accounting principles and experience working in the manufacturing industry.

Requirements
Bachelor degree in Accounting, Finance, or a related field.
Minimum of 4 years of relevant work experience in cost accounting in the manufacturing environment.
Strong knowledge of cost accounting principles and methodologies.
Proficient in using cost accounting software and ERP systems. SAP knowledge of great advantage.
Advanced skills in Microsoft Excel.
Excellent analytical and problem-solving abilities, with a keen attention to detail.
Excellent written and verbal communication skills.
Ability to work independently and collaboratively within a team.
Proven and traceable ability to prioritize and meet deadlines in a fast-paced environment.

Responsibilities
Monthly, quarterly, and annual financial close procedures applicable to accounting.

Conduct regular analysis of product costs, including raw materials, labor, and overhead expenses, to ensure accurate costing information.
Develop and maintain cost accounting systems, processes, and procedures for better cost control and accurate financial reporting.
Monitor ongoing expenses, including purchase price variances, overruns, production variances, and cost allocations, and provide recommendations for cost-saving opportunities.
Collaborate with cross-functional teams, including production, purchasing, and logistics, to gather costing data, improve accuracy, and implement cost control measures.
Assist in the preparation of budgets, forecasts, and financial plans related to cost accounting.
Participate in the development and implementation of cost accounting policies, procedures, and internal controls.
Support internal and external audit activities by providing relevant cost accounting documentation and explanations as required.