Cost Accountant

SUMMARY:
-

POSITION INFO:
Minimum Requirements BCom Accounting\/ Cost & Management Accounting (NQF6) Studying towards CIMA preferred Minimum 3–7 years’ experience in a manufacturing or factory finance environment, proven experience in cost accounting, inventory valuation, and variance analysis and experience with ERP systems in a manufacturing setting Strong analytical and problem-solving skills High attention to detail and accuracy Ability to work cross-functionally with operations Good communication and reporting skills Key Responsibilities Provide costing and financial support to the factory finance function by assisting with product costing, inventory control, cost reporting, ERP data maintenance, and month-end activities Ensure accurate financial information, effective internal controls, and compliance with company policies and financial reporting requirements Product costing and inventory control: Ensure accurate calculation and reporting of product costs and inventory values to support pricing, profitability analysis, and financial reporting; Responsible for maintaining accurate standard and actual cost models, monitoring inventory valuation, and ensuring compliance with IFRS and company costing policies Cost control and variance analysis: support the monitoring of manufacturing costs by preparing variance reports, investigating routine cost deviations, and assisting with the identification of cost improvement opportunities; Provide accurate and timely cost information to support operational decision-making and effective cost control Budgeting and forecasting support: Support accurate budgeting and forecasting of manufacturing costs and operational performance; Provide financial input and analysis to annual budgets, rolling forecasts, and long-term planning processes ERP and data integrity management: Support the maintenance of accurate costing and inventory data within the ERP system by ensuring transactions are processed correctly, master data is maintained, and data integrity is upheld; Assist in maintaining reliable cost-related information within SAP to support accurate financial Operational and cross-functional support, reporting, and operational efficiency: Provide finance and costing support to production, supply chain and other operational departments by assisting with costing information, reporting and continuous improvement initiatives; Work collaboratively with internal stakeholders to ensure accurate financial information is available to support efficient factory operations