COST ACCOUNTANT (Senior Position)

SUMMARY:
COST ACCOUNTANT (Senior Position)

POSITION INFO:

Responsible for analyzing financial data, managing costs, and providing insights to improve profitability within an organization working closely with directors and management.

Key Responsibilities

• Cost Analysis: Gather and analyze financial data to determine standard costs and investigate variances between estimated and actual costs.
• Budget Management: Assist in preparing optimized budget plans and monitor expenditures to ensure adherence to financial goals.
• Reporting: Prepare periodic reports comparing standard costs to actual costs and present findings to management for decision-making.
• Inventory Management: Monitor inventory accuracy and manage the costs associated with goods manufactured, including labor, materials, and overhead costs.
• Collaboration: Work closely with other accountants and financial staff to provide support for budgeting and financial planning initiatives.
• Compliance: Ensure compliance with accounting standards and regulations, and maintain accurate cost accounting systems.

Required Skills and Qualifications

• Educational Background: A degree in accounting, finance, or a related field is an advantage, and Relevant certifications may be preferred.
• Experience: Prior experience in cost accounting or a similar financial role is required, with a strong understanding of cost accounting principles.
• Technical Skills: Proficiency in accounting software and ERP systems (e.g., SAP) is beneficial. Strong Excel skills for data analysis and reporting are also important.
• Attention to Detail: A keen eye for detail and accuracy in financial reporting and analysis is crucial.
• Analytical Skills: Strong analytical and problem-solving skills to identify cost-saving opportunities and improve financial performance

Salary: R35 000 – R40 000

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